INFORMATION ON THE LENDER. The Lender had on 7 May 2017 announced a mandatory unconditional cash offer for all the issued ordinary shares ("Shares") in the capital of the Company other than those already owned, controlled or agreed to be acquired by the Lender or parties acting in concert or deemed to be acting in concert with it. As at 20 June 2017 (based on publicly disclosed information), the Lender and their concert parties hold an aggregate of 120,437,180 Shares, representing approximately 79.23% of the issued share capital of the Company.
INFORMATION ON THE LENDER. Mega Active Investment Limited was incorporated in Hong Kong with its business xxxxxxx xx Xxxxx 0000, 00/X, Xxxxx Insurance Group Xxxxxxxx, 000, Xxx Xxxxx Xxxx Xxxxxxx, Xxxx Xxxx, as a private limited company. The principal activity of the Lender is investment holding. Its present share capital is HK$10,000 comprising of 10,000 ordinary shares.
INFORMATION ON THE LENDER. 2.1 The Lender was introduced to the Company by our Independent Director, Mr Xx Xxx Xxx. The Lender is interested in making private investments and is providing the Loan to the Company for investment purposes.
INFORMATION ON THE LENDER. 3.1 The Lender is a company incorporated under the law of Singapore. The Lender’s shareholders comprise Phileo Capital Limited (50%) (“Phileo Capital”), Champion Brave Sdn Bhd (25%) (“Champion Brave”), Casi Management Sdn Bhd (12.5%) (“Casi Management”) and Halfmoon Bay Capital Limited (12.5%) (“Halfmoon Bay”).
INFORMATION ON THE LENDER. The Lender is a licensed money lender under the Money Lenders Ordinance Cap.163 of Hong Kong. The Lender does not hold any shares in the Company. The Company confirms that the Company, its Directors and/or controlling shareholders do not have any connection with the Lender.
INFORMATION ON THE LENDER. 5.1 The Lender is principally involved in the business of digital marketing consultancy.
INFORMATION ON THE LENDER. Financial Frontiers Pte Ltd is a Singapore-based, boutique private equity firm with proven track records in identifying and investing in companies with high growth potential in diverse industries. Further information about the Lender can be found on xxxx://xxx.xxxxxxxxxxxxxx.xxx.xx. The Lender has no business dealings with the Company other than the CN. The Lender does not fall within any of the prohibited categories as set out in Rule 812 of the Listing Manual Section B: Rules of Catalist of the SGX-ST (the “Catalist Rules”) to whom the Company is prohibited from issuing the convertible notes.
INFORMATION ON THE LENDER. 2.1 The Lender was introduced to the Company by our Independent Director, Mr Aw Eng Hai. The Lender is interested in making private investments and is providing the Loan to the Company for investment purposes.
INFORMATION ON THE LENDER. The Lender is a wholly-owned subsidiary of China Satcom and its principal activities comprise provision of satellite communications engineering services and related services. LISTING RULES REQUIREMENTS The satellite procurement contract in respect of APSTAR 7 Satellite entered into with the Satellite Contractor in September 2009 was a very substantial acquisition based on the relevant percentage ratios. Given that such contract was approved by the Shareholders in general meeting of the Company and the consideration payable under the APSTAR 7B Satellite Procurement Contract exceeds 25% but is less than 100% of the audited consolidated total assets of the Company as at 31 December 2009 and the market capitalisation of the Company, the transaction contemplated under the APSTAR 7B Satellite Procurement Contract constitutes a major transaction of the Company under the Listing Rules. APT International, the substantial shareholder of the Company holding approximately 51.82% interest in the Company, has approved the APSTAR 7B Satellite Procurement Agreement. The APSTAR 7B Satellite Launch Service Agreement constitutes a connected transaction of the Company given the Launch Contractor is a subsidiary of CASC and CASC and its associates are interested in approximately 57.14% interests in APT International. As such, the APSTAR 7B Satellite Launch Service Agreement is subject to Independent Shareholders’ approval at the SGM under Rule 14A.18 of the Listing Rules. Given that APT (HK) entered into a launch service agreement with the Launch Contractor in respect of APSTAR 7 Satellite in November 2009, the values and the aggregate consideration payable under the two launch service agreements are aggregated. The aggregated value and aggregated consideration represent more than 25% but less than 100% of the audited consolidated total assets of the Company as at 31 December 2009 and the market capitalisation of the Company, respectively and the APSTAR 7B Satellite Launch Service Agreement constitutes a major transaction of the Company. As China Satcom is a subsidiary of CASC, China Satcom is therefore a connected person of the Company under the Listing Rules. The Co-operation Agreement and the transactions and arrangements contemplated thereunder (being loan facility arranged by a subsidiary of China Satcom to APT (HK) under the Loan Agreement and the assignment of rights of APT (HK) under the APSTAR 7B Satellite Procurement Contract, the APSTAR 7B Satellite Launch Services ...
INFORMATION ON THE LENDER. 2.1 The Lender is part of the Haitong International Securities Group (“Haitong International”). Haitong International is an international financial institution with an established presence in Hong Kong and a rapidly expanding network across the globe. It strives to serve as a bridge linking up to the Chinese and overseas markets. The parent company of Haitong International is Haitong Securities Co., Ltd in Hong Kong. Further details on the Lender and Haitong International are set out in the Previous Announcement.
