[ET Net News Agency, 15 December 2021] Country Garden Services Holdings Company Limited
(06098) said in order to strengthen the confidence of investors, the board states that:
(1) Within six months from 14 December 2021, it is expected that the company and its
subsidiaries will not conduct any material asset disposal or acquisition transaction with
consideration of more than RMB200 million (whether standalone or on an aggregated basis),
with the CGH Group, a connected person of the company. However, the continuing connected
transactions that have been approved by the board and/or at the general meeting of the
company will continue as usual; and (2) the company undertakes that it will not conduct
any placing of new shares in the open market within six months from 14 December 2021.
Also, Ms Yang Huiyan (Ms Yang), being the controlling shareholder, a non-executive
director and the chairman of the board of the company, has undertaken that, based on the
firm confidence in the development prospects of the company and the recognition of its
growth value, each of herself and any companies over which Ms Yang exercises control will
not dispose of any shares in the company held by them within six months from 14 December
2021. (RC)