Could be good week for CMGHF.
UPDATE ON STATUS OF RESUMPTION
This announcement is made by the board of directors (the Board) of Chaoda Modern Agriculture
(Holdings) Limited (the Company, together with its subsidiaries, the Group) pursuant to Rule
13.24A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong
Limited (the Stock Exchange).
The Board would like to provide the shareholders of the Company with an update on the
following matter(s) pertaining to the resumption of trading in the Company’s shares (the
Resumption) on the Stock Exchange.
Reference is made to the Company’s announcement dated 18 August 2014 regarding the
appointment of Elite Partners CPA Limited (the Auditors) as the new auditors of the Company.
Based on the current assessment of the Board after consultation with the Auditors, the tentative
timetable for the Resumption is set out below:
Event(s) Estimation of time
(Note 2)
Performing field audit by the Auditors August 2014
to 31 October 2014
Circulation of draft audit report for the financial year ended 30 June
2011 by the Auditors for review and (if required) further discussion
with the audit committee and the management of the Company
On or before
31 October 2014
Publication of announcement on audited annual results for the
financial year ended 30 June 2011
Before
15 November 2014
Circulation of draft audit reports for the financial years ended 30 June
2012, 2013 and 2014 together with draft interim results for the six
months ended 31 December 2011, 2012 and 2013 by the Auditors for
review and (if required) further discussion with the audit committee
and the management of the Company
On or before
31 December 2014- 2 -
Event(s) Estimation of time
(Note 2)
Publication of announcement(s) on audited annual results for the
financial years ended 30 June 2012, 2013 and 2014 together with
interim results for the six months ended 31 December 2011, 2012 and
2013 (Note 1)
Before
31 January 2015
Publication of announcement on interim results for the six months
ended 31 December 2014
Before
28 February 2015
Resumption Before
28 February 2015
Notes:
1. To expedite the Resumption, the Auditors will use their best endeavors to complete their
audit/review (as the case may be) of the financial results of the Company for the relevant reporting
periods with a view to facilitating the Company to publish, progressively, the outstanding financial
results for each of such reporting periods as and when they are finalised.
2. The dates specified for the events set out in the tentative timetable for the Resumption above are
indicative only and may be revised depending on the circumstances.
The Board will, as always, extend full cooperation and assistance to accommodate the requests
from the Auditors from time to time with the aim of expediting the finalisation of the audit and/or
review by the Auditors of the outstanding financial results of the Company as soon as possible.
Trading in the Company’s shares on the Stock Exchange will remain suspended pending the
fulfilment of the conditions prescribed by the Stock Exchange for the Resumption and disclosed
in the Company’s announcement dated 19 July 2013.
By Order of the Board
Chaoda Modern Agriculture (Holdings) Limited
Kwok Ho
Chairman
Hong Kong, 15 September 2014
