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Form Serial Number: |
CS20190930E00257 (Amendment to CS20190918E00049) |
1.
Date of relevant event: |
14/09/2019 (dd/mm/yyyy)
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2.
Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later): |
(dd/mm/yyyy)
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3.
Stock code: |
01733 |
4.
Name of listed corporation: |
E-Commodities Holdings Limited |
5.
Class of shares: |
Ordinary Shares |
6.
Number of issued shares in class: |
3,046,562,356 |
7.
Name of substantial shareholder: |
Pacific Alliance Investment Management Limited |
8.
Registered office: |
P.O. Box 472, 2nd Floor, Harbour Place, 103 South Church Street, George Town, Grand Cayman, KY1-1106, Cayman Islands |
9.
Principal place of business in Hong Kong: |
N/A |
15.
Exchange on which listed: |
N/A |
16.
Name of listed parent and exchange on which parent is listed: |
N/A |
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17.
Details of relevant event: |
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Brief description of relevant event
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Capacity in which shares were/are held
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Number of shares bought/sold or involved |
Currency of transaction |
On Exchange
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Off Exchange
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Before relevant event
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After relevant event
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Highest price (per share)
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Average price (per share)
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Average consideration (per share)
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Nature of consideration
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Long position |
1213 | The percentage level of your interest in the shares has reduced because: any other event (you must briefly describe the relevant event in the Supplementary Information box) |
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2201 | Interest of corporation controlled by you |
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128,807,947 |
USD |
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Short position |
1503 | You ceased to have a short position of 1% or more in the shares, or the percentage level of your short position in such shares decreased because: any other event (you must briefly describe the relevant event in the Supplementary Information box) | |
2201 | Interest of corporation controlled by you | |
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128,807,947 |
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18.
Total shares immediately before the relevant event: |
| Total number of shares | Percentage figure (%) |
Long position | 633,292,394 | 20.79 |
Short position | 633,292,394 | 20.79 |
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19.
Total shares immediately after the relevant event: |
| Total number of shares | Percentage figure (%) |
Long position | 504,484,447 | 16.56 |
Short position | 504,484,447 | 16.56 |
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20.
Capacity in which interests disclosed in Box 19 are held: |
Capacity code | Number of shares |
2201 | Interest of corporation controlled by you |
| Long position | 504,484,447 | Short position | 0 |
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2201 | Interest of corporation controlled by you |
| Long position | 0 | Short position | 504,484,447 |
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21.
Further information in respect of derivative interests: |
Derivatives code | Number of shares |
4107 | Unlisted derivatives - Convertible instruments |
| Long position | 504,484,447 | Short position | 0 |
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4107 | Unlisted derivatives - Convertible instruments |
| Long position | 0 | Short position | 504,484,447 |
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22.
Further information in relation to interests of corporations controlled by substantial shareholder: |
Name of controlled corporation | Address and place of incorporation | Name of controlling person | % control | Direct interest (Y/N) | Number of shares |
Pacific Alliance Group Asset Management Limited | P.O. Box 472, 2nd Floor, Harbour Place, 103 South Church Street, George Town, Grand Cayman KY1-1106, Cayman Islands/ Cayman Islands | Pacific Alliance Investment Management Limited | 100.00 | N | Long position | 504,484,447 | Short position | 504,484,447 |
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Pacific Alliance Asia Opportunity Fund L.P. | P.O. Box 472, 2nd Floor, Harbour Place, 103 South Church Street, George Town, Grand Cayman KY1-1106, Cayman Islands/ Cayman Islands | Pacific Alliance Group Asset Management Limited (General Partner) | 0.00 | N | Long position | 504,484,447 | Short position | 504,484,447 |
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Lord Central Opportunity VII Limited | Commence Chambers, P.O. Box 2208, Road Town, Tortola, British Virgin Islands/ British Virgin Islands | Pacific Alliance Asia Opportunity Fund L.P. | 85.71 | Y | Long position | 504,484,447 | Short position | 504,484,447 |
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Lord Central Opportunity VII Limited | Commence Chambers, P.O. Box 2208, Road Town, Tortola, British Virgin Islands/ British Virgin Islands | PAG-P Asia Fund L.P. | 14.29 | Y | Long position | 504,484,447 | Short position | 504,484,447 |
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23.
Further information in relation to interests held by substantial shareholder jointly with another person: |
Name of joint shareholder | Address | Number of shares |
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24.
Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust: |
Names of trust | Address | Status code | Number of shares |
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25.
Further information from a party to an agreement under Section 317 (Please see Notes for further information required): |
Names of other parties | Address | Number of shares |
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Total number of shares in which a substantial shareholder is interested under sections 317 and 318 | |
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26.
Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act: |
Names | Address | Relationship Code | Percentage (%) |
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27.
Supplementary information: |
On 14 September 2019, Lord Central Opportunity VII Limited gave redemption notice to the Company for redemption of US$10,000,000 of the outstanding principal amount of the Convertible Bonds. On 25 September 2019 (26 September 2019 being the date on which the shareholder became aware of the adjustment), the Company announced the Conversion Price of the Convertible Bonds be adjusted from HK$0.72 to HK$0.604 with effect from 23 July 2019.
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28.
Log/Serial Number of the previous form: |
CS20190918E00049
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29.
Number of concert party document(s) under section 317 attached/uploaded: |
0
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Date of filing this Form 2: |
30/09/2019 (dd/mm/yyyy)
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