Corporate Action: Change of Effective Interest in CMRH

Stock Symbol Approval For: XLGJ
August 16, 2021
Notice Redemption Building Depot Member Services Class C Bonds
September 8, 2021

Corporate Action: Change of Effective Interest in CMRH

China Metro-Rural Holdings Limited (DCSX symbol CMRH) incorporated under the laws of the British Virgin Islands with limited liability informed the exchange on September 1st, 2021 of the following notice: Change of effective interest in CMRH as a result of the conversion of certain convertible bonds issues by China Metro-Rural Holdings Limited (“the Company”)

“The Company is pleased to disclose that the majority bondholder of certain convertible bonds of the Company has partially converted these convertible bonds, where these convertible bonds are convertible into the ordinary shares of China Metro-Rural Investment Limited (“CMRIL”), the immediate sole owner of the Company.

The conversion was effected on August 31, 2021, resulting in additional ordinary shares issued by CMRIL to the convertible bonds holder. After the conversion, the issued shares of the Company itself remained unchanged and its only immediate holding company remained to be CMRIL. However, the effective interest of our director Mr. Lin Xianfu in the Company has increased from 18% to 30% through an increase in his share of interest in CMRIL.”

 

The Dutch Caribbean Securities Exchange takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness, and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities of the Company.

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