UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 19, 2013
China HGS Real Estate, Inc.
(Exact Name of Registrant as Specified in Charter)
Florida | 33-0961490 | |
(State or Other Jurisdiction of Incorporation) | (I.R.S. Employer Identification Number) |
6 Xinghan Road, 19th Floor, Hanzhong City
Shaanxi Province, PRC 723000
(Address of Principal Executive Offices, Zip Code)
+(86) 091 - 62622612
(Registrant’s Telephone Number, including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01. Entry into a Material Definitive Agreement.
On July 19, 2013, China HGS Real Estate, Inc. (the “Company”) entered into a second amendment (the “ Second Amendment”) to the original loan agreement dated June 28, 2011 by and between the Company and Mr. Xiaojun Zhu, the CEO, Chairman and major shareholder of the Company (the “Original Loan Agreement”), pursuant to which the Company borrowed US$1.81 million from Mr. Zhu in order to make a required capital contribution to the registered share capital of one of the Company’s subsidiaries. On July 19, 2012, the Company and Mr. Xiaojun Zhu entered into a first amendment to the Original Loan Agreement, which extended the term of the loan to June 28, 2013 with the other terms and conditions unchanged. Pursuant to the Second Amendment, the term of the Original Loan Agreement, as amended, was extended for an additional one year period, or until June 28, 2014. The other terms and conditions remain the same.
The foregoing description does not purport to be a complete statement of the parties’ rights and obligations under the Second Amendment or the transaction contemplated thereby or a complete explanation of the material terms thereof. The foregoing description is qualified in its entirety by reference to the Second Amendment attached hereto as Exhibit 10.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits:
No. | Description | |
10.1 | Loan Amendment Agreement by and between Xiaojun Zhu and China HGS Real Estate, Inc. , dated July 19, 2013. |
2 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: July 22, 2013
China HGS Real Estate, Inc. | ||
By: | /s/Xiaojun Zhu | |
Name: Xiaojun Zhu | ||
Title: Chief Executive Officer and Chairman |
3 |
EXHIBIT INDEX
No. | Description | |
10.1 | Loan Amendment Agreement by and between Xiaojun Zhu and China HGS Real Estate, Inc. , dated July 19, 2013. |
4 |