forexforex broker
InstaForex

This announcement is made by KVB Kunlun Financial Group Limited (“Company”) pursuant  to Rule 17.10(2)(a) of the Rules Governing the Listing of Securities on the Growth Enterprise  Market (“GEM”) of The Stock Exchange of Hong Kong Limited (“GEM Listing Rules”) and the Inside Information Provisions (as defined under the GEM Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

 

The board (“Board”) of directors of the Company (each, a “Director”) is pleased to announce that the controlling shareholder of the Company, namely KVB Kunlun Holdings Limited, a company incorporated in the British Virgin Islands with limited liability, has received the approvals from 珠海市橫琴新區管理委員會 (Zhuhai City Hengqin New District Management Committee*) and 珠海市橫琴新區管理委員會行政服務促進局 (Zhuhai City Hengqin New District Management committee Executive Services Promotional Bureau*) for setting up a company in Zhuhai which is named as “珠海橫琴昆侖新金融交易中心有限公司” (Zhuhai Hengqin Kunlun Financial Exchange Limited) (“New PRC Company”).

 

It was intended that the New PRC Company will become a wholly-owned subsidiary of the Company upon its formation, and the New PRC Company is expected to provide financial-related services in the People’s Republic of China.

 

 

The Company will make further announcement(s) in relation to the caption matter in accordance with the requirements of the GEM Listing Rules as and when appropriate.

Add comment


Security code
Refresh