News

24 Oct 2007

MISCELLANEOUS :: CESSATION OF STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING (THE “OFFERING”) OF SHARES (THE “SHARES”) IN THE CAPITAL OF FUXING CHINA GROUP LIMITED (THE “COMPANY”)

MISCELLANEOUS :: CESSATION OF STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING (THE OFFERING) OF SHARES (THE SHARES) IN THE CAPITAL OF FUXING CHINA GROUP LIMITED (THE COMPANY)

* Asterisks denote mandatory information

Name of Announcer *
FUXING CHINA GROUP LIMITED
Company Registration No.
3897
Announcement submitted on behalf of
FUXING CHINA GROUP LIMITED
Announcement is submitted with respect to *
FUXING CHINA GROUP LIMITED
Announcement is submitted by *
Tan Chee Kian
Designation *
Financial Controller
Date & Time of Broadcast
24-Oct-2007 18:37:27
Announcement No.
00110

ANNOUNCEMENT DETAILS

Announcement Title *
CESSATION OF STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING (THE OFFERING) OF SHARES (THE SHARES) IN THE CAPITAL OF FUXING CHINA GROUP LIMITED (THE COMPANY)
Description
Pursuant to Regulation 3(14) of the Securities and Futures (Market Conduct) (Exemptions) Regulations 2006, UOB Kay Hian Private Limited (UOB Kay Hian), the Stabilising Manager in respect of the abovementioned Offering, wishes to announce the cessation of the stabilising action with effect from the close of trading on 24 October 2007.

In this respect, UOB Kay Hian has on the same day exercised the Over-allotment Option granted by the Company in respect of 25,000,000 Shares to be issued by the Company. Upon the Company issuing the 25,000,000 Shares, the total number of issued and paid-up Shares in the Company will increase from 775,000,000 to 800,000,000 Shares.


Issued by: UOB Kay Hian Private Limited

Note:

SAC Capital Private Limited was the issue manager for the initial public offer of Fuxing China Group Limited.
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