2014.08.26
Controlling Shareholder’s Continuous Purchase of Fantasia Senior Notes totals US $2.72 million, in Concrete Testimony to Strong Confidence in Business Outlook and Strategic Transformation
Fantasia Holdings Group Co., Limited (“Fantasia” or the “Company”, stock code: 1777) announces its controlling shareholder- Fantasy Pearl International Limited (“Fantasy Pearl”, jointly owned by Ms. ZENG Jie Baby, the Company’s founder, and Mr. PAN Jun, the Company’s Chairman), completed another three rounds of purchases of Fantasia’s Senior Notes due 23rd January, 2019 on August 21st, 22nd and 25th in the secondary market, face value US$ 1.5 million, with actual consideration of US$1.36 million, after the first three rounds of purchased dated August 18th, 19th,and 20th. Face value of senior notes purchased in the six rounds totals US$3.0 million; the actual consideration paid stood at US$2.72 million. The purchasing decision is again a concrete testimony to the controlling shareholder’s sturdy support for the Company, built on strong confidence in the vibrancy of Fantasia’s business operation, development prospects and cash.
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