Tian An Medicare (TG:SMI)
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From Jun 2019 to Jun 2024
SHANGHAI, Feb. 9 /PRNewswire-Asia/ -- Semiconductor Manufacturing International Corporation (NYSE: SMI, SEHK: 981; the "Company") refers to certain articles in the press today regarding a possible capital injection plan and confirms that it is currently in negotiations with an investor in respect of a proposed investment in the Company through the subscription by such investor of shares in the Company ("Proposed Investment"). The terms of the Proposed Investment is still under negotiation and to-date, no binding agreement has been entered into by the Company and there is no assurance that any definitive agreement can be entered into by the parties.
In addition, the directors of the Company are, as always, also looking at other strategic and/or other opportunities to enhance shareholder value for the Company. No decision has been made about any resulting transaction. There is no certainty that any such opportunity will or will not result in any transaction by or involving the Company or its subsidiaries.
This announcement is made pursuant to the disclosure obligations under Rule 13.09(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
As at the date of this announcement, the directors of the Company are Jiang Shang Zhou as Chairman of the Board of Directors and Independent Non-Executive Director of the Company; David N. K. Wang as President, Chief Executive Officer and Executive Director; Chen Shanzhi, Gao Yonggang and Zhou Jie (Wang Zheng Gang as alternate director to Zhou Jie) as Non-Executive Directors of the Company; and Tsuyoshi Kawanishi and Lip-Bu Tan as the other Independent Non-Executive Directors of the Company.
Semiconductor Manufacturing International Corporation
Dr. David N. K. Wang
President, Chief Executive Officer
Executive Director
For further information, please contact:
Semiconductor Manufacturing International Corporation
Enling Feng
Investor Relations
Tel: +86-21-3861-0000 x16275
Email:
Stephanie Cheung
Investor Relations
Tel: +86-21-3861-0000 x16113
Email:
Anne Wong Chen
Investor Relations
Tel: +86-21-3861-0000 x12804
Email:
Edith Kwan
Investor Relations
Tel: +852-2116-2624
Email:
DATASOURCE: Semiconductor Manufacturing International Corporation
CONTACT: , Enling Feng, Investor Relations, +86-21-3861-0000
x16275, , or Stephanie Cheung, Investor Relations, +86-
21-3861-0000 x16113, , or Anne Wong Chen, Investor
Relations, +86-21-3861-0000 x12804, , or Edith Kwan,
Investor Relations, +852-2116-2624, , all of Semiconductor
Manufacturing International Corporation
Web site: http://www.smics.com/