HONG KONG, July 16, 2014 /PRNewswire/ -- Proview International Holdings Limited("Proview" or the "Company", stock code: 00334.HK) today announced that the Company would like to remind its Shareholders that the special general meeting ("SGM") approving the Transactions contemplated in the Circular, dated30 June 2014, will be held at 4:00 p.m. on Wednesday, 23 July, 2014 at the United Conference Centre, 10/F, United Centre, 95 Queensway, Admiralty,Hong Kong.
The Company's Board and the Independent Financial Adviser recommended the Proview's Shareholders or Independent Shareholders to vote in favour of the Transactions at the SGM. "If the relevant Transactions are not approved at the SGM, the Revised Resumption Proposal cannot be implemented and the Shares will be delisted," the Proview's statement said.
Shareholders and Independent Shareholders are encouraged to read the Circular including the letter from the Independent Financial Adviser in the Circular in details and consult their professional advisers before making any decision as to voting on the Transactions. They can also (a) visit the Stock Exchange website to obtain an electronic copy of the Circular, or (b) may directly contact Yu Ming Investment Management Limited, the financial adviser of the Company, at (852) 2877 2340 for any assistance.
On 30 June 2014, the Company announced the proposed capital restructuring, debt restructuring as well as acquisition of smartphone LCD module manufacturing business fromTCL Corporation (stock code: 000100.SZ), which constitutes a reverse takeover and a change of the Company's name toTCL Display Technology Holdings Limited. The proposed moves are conditional upon the approval by Independent Shareholders at the SGM, aHong Kong Court hearing, a creditor meeting as well as other conditions stated in the Proview's circular. Proview's shares are expected to resume trading in the first quarter of 2015 if all these requirements are met.
SOURCE Proview International Holdings Limited