The Company's board of directors and all the directors ensure this announcement contains no misrepresentation, misleading statements or important omission, and shall be individually and jointly and severally liable for the authenticity, accuracy and integrity.
On December 10th, 2015, Shanghai Feilo Acoustics co., LTD. (hereinafter referred to as the Company), the wholly owned subsidiary company Shanghai Feilo investment co., LTD. (hereinafter referred to as the Feilo Investment) alone with the 【special intermediary】 INESA UK Limited, Havells Holdings and Havells Group signed the related share purchase agreement with of the acquisition(hereinafter referred to as "the transaction") of Havells Malta by the integration of a 80% shares and Hong Kong Exim 80 % shares stocks (for details please see the Company announcement of no. 2015-079).
As of January 15, 2016, the transaction was completed of each delivery work (for details please see the same day published press China Securities Journal, Shanghai Securities News and the Shanghai stock exchange website www.sse.com.cn "Major Asset Purchase Implementation Report of Shanghai Feilo Acoustics co., LTD.”). The Company is in accordance with established plans and the "Major Asset Purchase Implementation Report of Shanghai Feilo Acoustics co., LTD.” to carry out the transition.
Notice is hereby given.
Shanghai Feilo Acoustics co., LTD