This announcement is made by Prosper One International Holdings Company Limited (the ‘‘Company’’) pursuant to Rule 13.09(2)(a) of the Rules (the ‘‘Listing Rules’’) Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘‘Stock Exchange’’) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the ‘‘SFO’’).
Reference is made to the announcements (the ‘‘Announcements’’) of the Company dated 29 October 2018 and 13 November 2018 in relation to, among other things, the trading halt in the shares (the ‘‘Shares’’) of the Company pending the publication of an announcement by the Company in relation to the ascertaining of whether there has been a change of the controlling shareholder (as defined in the Listing Rules) of the Company. Unless other specified, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcements.
The Board hereby issues this announcement to update the shareholders of the Company and potential investors in relation to the captioned matters.
Mr. Meng advised that, subsequent to the announcement of the Company dated 13 November 2018, based on and having considered all the information available to him up to the date hereof, there is no circumstance suggesting that any of the collaterals under the Note (including the Trust Units) have been enforced. As such, Mr. Meng believed that he is still the beneficial owner of the Relevant Shares according to the Monthly Statement, and hence the controlling shareholder (as defined in the Listing Rules) of the Company as of the date of this announcement.
Base on the confirmation from Mr. Meng, the Board considers the uncertainty over the position of the Relevant Shares has been clarified. Save as disclosed in the Announcements and in this announcement, the Company is not currently in possession of any undisclosed inside information regarding the Note and/or the Relevant Shares.
RESUMPTION OF TRADING
Trading in the Shares has been suspended with effect from 10:19 a.m. on 29 October 2018 at the request of the Company pending the release of this announcement. An application has been made by the Company to the Stock Exchange for resumption of trading in the Shares on the Stock Exchange with effect from 9:00 a.m. on 16 November 2018.