Securities Code: 000602
Securities Abbreviation: Jinma Group
Announcement Number: 2013-038
Guangdong Jinma Tourism Group Co., Ltd. announces the second reminder regarding Shenhua Guoneng Group's tender offer to acquire shares of the company. The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
According to the China Securities Regulatory Commission (CSRC) approval [2013] 773, regarding the approval of Shenhua Guoneng Group Co., Ltd.'s announcement of the tender offer report for Guangdong Jinma Tourism Group Co., Ltd., Shenhua Guoneng Group Co., Ltd. announced the tender offer report on June 19, 2013, and agreed to issue a comprehensive offer to all circulating shareholders of Jinma Group, excluding the acquirer, starting from June 19, 2013.
The specific details of the tender offer are as follows:
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Relevant Information on the Tender Offer
- Number of Shares Offered: 212,177,804 shares
- Proportion of Issued Shares of the Target Company: 21.03%
- Offer Price: 13.46 yuan/share
- Types of Shares:
- Unrestricted Circulating Shares: 208,901,804 shares
- Restricted Circulating Shares: 3,276,000 shares
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Purpose of the Tender Offer
The reason for this tender offer is to completely resolve potential and possible competition issues between China Shenhua and Jinma Group, and to improve the integration efficiency of Shenhua Group's coal and power assets and businesses. The purpose of this tender offer is to terminate Jinma Group's listing status. -
Tender Offer Period
The tender offer period is 30 calendar days, starting from June 19, 2013 (inclusive) and ending on July 18, 2013 (inclusive). Shareholders may not withdraw their acceptance of the offer within the three trading days prior to the expiration of the tender offer period (i.e., July 16, 17, and 18, 2013).