Lianhua Supermarket (00980) announced that Likowan Enterprise Financing Limited, a licensed corporation regulated under the Securities and Futures Ordinance, will provide advice on institutional financing activities under Type 6, as appointed by the company as an independent financial adviser to provide opinions to the independent directors of connected transaction, the independent committee for granting cleaning waivers and independent shareholders on whether the subscription agreement and related proposed transactions, special authorization and clearing exemptions(if any) are fair and reasonable, and to make recommendations on voting.
According to the announcement by Lianhua Supermarket (00980), Likewan Enterprise Financing Limited, a licensed corporation regulated under the Securities and Futures Ordinance, has been appointed by the company as an independent financial adviser to provide opinions to the independent directors of connected transaction, the independent committee for granting cleaning waivers and independent shareholders on whether the subscription agreement and related proposed transactions, special authorization and clearing exemptions (if any) are fair and reasonable, and to make recommendations on voting.
Mr. Dong Xiaochun has resigned as the company's non-executive director and member of audit committee due to retirement.
Ms. Yang Qin has been appointed as the company's non-executive director and member of the audit committee, and is eligible for re-election and reappointment from May 24, 2024 to the end of the company's shareholder annual general meeting held on June 20, 2024.