China Minzhong Food Corporation

[Wildreamz]

I missed out an important news for all CMZ investors:

MISCELLANEOUS :: MANDATORY UNCONDITIONAL CASH OFFER FOR CHINA MINZHONG FOOD CORPORATION LIMITED - OFFER DECLARED UNCONDITIONAL IN ALL RESPECTS - APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER

The Board wishes to inform Shareholders that it has on 6 September 2013 appointed PricewaterhouseCoopers Corporate Finance Pte Ltd (the "IFA") as the independent financial adviser to advise the directors of the Company who are considered independent for the purposes of the Offer (the “Independent Directors”). A circular containing, inter alia, the advice of the IFA and the recommendation of the Independent Directors in relation to the Offer (the “Offeree Circular”) will be sent by the Company to Shareholders within 14 days from the date of despatch of the Offer Document to be issued by or on behalf of the Offeror to Shareholders.

Important Dates to Note:
Unconditional Offer announcement date is 4th September 2013, hence:

1. Offer document must be dispatched earliest by 18th September 2013, latest by 25th September 2013.

2. Offeree Circular, including PwC's (a Big 4 auditing firm) financial advice must be dispatched within 2 weeks of release of offer document.

Reference: SINGAPORE CODE ON TAKE-OVERS AND MERGERS

Possible scenarios due to independent financial review by PwC:

1. Scam (accounting irregularities, inflated earnings, inflated assets) exposed, share worthless (will the unconditional offer still be enforced?)

2. Detailed financial review by PwC indicates no scam (improved investor confidence?) Stronger financial backing due to Indofood controlling interest. Possible synergy between CMZ and Indofood.

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Indofood launches bid for China Minzhong (02 Sep 2013): Video (Including CEO Lim Guo Rong's comments during 02 Sep 2013 Press Conference)

China Minzhong saga casts spotlight on S-chips (03 Sep 2013): Video