CPP shall have the absolute discretion in determining whether to exercise the Option. The Option exercise period will expire on 30 June 2011.
It is expected that should the CPP decide to exercise the Option, the acquisition would constitute a major transaction, and possible very substantial acquisition, and connected transaction under Chapters 14 and14A of the Listing Rules.
UBS AG, Hong Kong Branch is assigned as financial advisor to CPP.
CPVL was established in Vietnam in 1993 and is a fully integrated livestock and aquaculture company. CPVL’s main products include feed for swine, poultry, shrimp and fish and livestock farming products which accounted for approximately 55-60% and 30-35%, respectively, of the total revenue of CPVL for the year ended 31 December 2009.
The CPP Group is a leading feed producer in China controlling over 73 feed mills across 26 provinces and municipalities in China.
It is expected that should the CPP decide to exercise the Option, the acquisition would constitute a major transaction, and possible very substantial acquisition, and connected transaction under Chapters 14 and14A of the Listing Rules.
UBS AG, Hong Kong Branch is assigned as financial advisor to CPP.
CPVL was established in Vietnam in 1993 and is a fully integrated livestock and aquaculture company. CPVL’s main products include feed for swine, poultry, shrimp and fish and livestock farming products which accounted for approximately 55-60% and 30-35%, respectively, of the total revenue of CPVL for the year ended 31 December 2009.
The CPP Group is a leading feed producer in China controlling over 73 feed mills across 26 provinces and municipalities in China.
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