Middle-Handed Tour Completes Merger Delisting from Nasdaq

On August 11th, China Mobile Entertainment Group announced today that it has completed a merger agreement with Pegasus Merger Sub, a wholly-owned subsidiary of Pegasus Investment Holdings Limited, in accordance with the merger agreement and plan reached on June 9, 2015. (Consolidation transaction of Limited). With the completion of the transaction, China Mobile is no longer a publicly listed company and will become a wholly owned subsidiary of Pegasus Investment Holdings Limited.

Pursuant to the terms of the merger agreement, prior to the commencement of the merger transaction, the Class A ordinary shares and Class B ordinary shares that have been issued and circulated at a value of US$0.001 each have been cancelled in exchange for US$1.5714 interest-free. cash. For the avoidance of doubt, each ADS issued and circulated in the middle of a merger transaction prior to the commencement of the merger transaction has been cancelled in exchange for $22.00 in interest-free cash. Each ADS represents 14 Class A ordinary shares.

Middle East Mobile ADS Trustee Company New York Bank Mellon will require shareholders to abandon all ADS in return for merger consideration. For shareholders who abandon ADS, ADS Trust will pay them an interest-free cash of ADS of $22.00 per share.

China Mobile also announced that the company has asked its ADS on the Nasdaq Global Market to stop trading. The mid-hand tour request Nasdaq submits Form 25 documents to the Securities and Exchange Commission (SEC) to inform the SEC that the company's ADS on Nasdaq will be delisted and the company's registered securities will be cancelled.