TNAG-2306-FCO40-3340-Future-of-Hong-Kong-stock-market-and-exchange-rate-1991 — Page 97

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

12 DEC. ́90 17:05

LINKLATERS & PAINES 852 8107021

LINKLATERS & PAINES) P. 11

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The effect which the share repurchase could have on the offeror's earnings, assets, liabilities and working capital and, if adverse, an explanation of how such effects will be addressed.

The frequency and amount of dividends that have been paid out by the offeror to holders of shares proposed to be repurchased during the two year

year period immediately preceding the date of the offer document together with a description of the offeror's ability to pay dividends, and any plan or intention to declare a dividend or alter a dividend policy.

The availability for inspection during the offer period of material documents including any valuation of property assets required by Rule 6; any document evidencing an irrevocable commitment to accept or reject the offer; and documentation in relation to financing

financing arrangements required to facilitate the offer including the names of

lenders.

If some or all of the property assets of the offeror have been the subject of an independent valuation within the two year period immediately preceding

preceding the date of the offer document, the offer document should include a summary of such valuation and a copy of the valuation should be filed with the Chairman and the Stock Exchange along with the offer document and should ba made available for inspection by shareholders during the offer period.

The offer document should also include a statement that the valuer has given and not withdrawn his consent to

his publication of

name and the references to his report.

the

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