CNEWECON FUND (00080) has appointed Fubon Capital as its joint independent financial advisor.

CNEWECON FUND (00080) announced that Fubon Capital Limited (a licensed corporation regulated under Types 1 (Securities Trading) and 6 (Providing advice on corporate finance) activities under the Securities and Futures Ordinance) and Huafu Jianye Corporate Finance Limited (a licensed corporation regulated under Types 1 (Securities Trading) and 6 (Providing advice on corporate finance) activities under the Securities and Futures Ordinance) have been appointed by the company as joint independent financial advisors to provide advice to the independent board committee on the takeover offer and whether to accept the offer. This appointment has been approved by the independent board committee under Rule 2.1 of the Takeovers Code. The joint independent financial advisors' opinion on the offer will be included in the composite document and will be sent to shareholders and warrant holders at the appropriate time in accordance with the Takeovers Code.