(Capitalised terms used
in this announcement shall have the same meanings as those used in the announcement
dated 23 April 2020, unless otherwise stated)
Reference is made to Hua-An’s announcement made on 23 April 2020.
The Board of Directors of Hua-An wishes to inform that the proposed acquisition of
700,000 ordinary shares in HCSB, representing 70% of the total issued share capital in
HCSB has been completed on 24 September 2020, in accordance with the terms and
conditions of the Share Purchase Agreement dated 23 April 2020.
This announcement is dated 24 September 2020.
