E&E INT'L<0033> - Announcement
The Stock Exchange has received a message from Elec & Eltek International
Holdings Limited which is reproduced as follows:-
"The Stock Exchange of Hong Kong Limited 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.
ELEC & ELTEK INTERNATIONAL HOLDINGS LIMITED
(Incorporated in Bermuda with limited liability)
DECLARATION OF PARTIAL OFFER BECOMING UNCONDITIONAL
As at 11:00 a.m. on 15th June, 2001, the Company has received pursuant to
the Partial Offer:
(i) valid acceptances in respect of 30,550,562 EEIC Shares, representing
more than 2 EEIC Shares out of 10 existing EEIC Shares at the Closing
Date, other than those already owned, controlled or agreed to be acquired
by the Company and its concert parties; and
(ii) 99.6% of the votes from the Independent Shareholders having been
voted in favour of the Partial Offer.
Accordingly, as at the date of this announcement, the Partial Offer became
and is declared to be unconditional in all respects.
Reference is made to the circular distributed to the shareholders of EEIH
dated 25th May, 2001. Terms defined therein shall have the same meanings
herein unless the context requires otherwise.
THE PARTIAL OFFER BECOMING UNCONDITIONAL
The Company wishes to announce that as at 11:00 a.m. on 15th June, 2001,
the Company has received pursuant to the Partial Offer:-
1. valid acceptances in respect of 30,550,562 EEIC Shares, representing
more than 2 EEIC Shares out of 10 existing EEIC Shares at the Closing
Date, other than those already owned, controlled or agreed to be acquired
by the Company and its concert parties; and
2. 99.6% of the votes received from the Independent Shareholders having
been voted in favour of the Partial Offer.
Accordingly, as at 11:00 a.m. on 15th June, 2001, the Partial Offer became
and is declared to be unconditional in all respects.
However, the Partial Offer will not be closed until 3:30 p.m. on 15th
June, 2001 and final results of the Partial Offer will be released after
the close of the Partial Offer.
By Order of the Board
David So Cheung Sing
Chairman
Hong Kong, 15th June, 2001"
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