INFORMATION ON THE VENDOR. The Vendor is a company incorporated in the British Virgin Islands and is principally engaged in the environmental water sector. It is a wholly-owned subsidiary of CEIL, an investment holding company incorporated in Hong Kong and listed on the Main Board of The Stock Exchange of Hong Kong Limited ("SEHK") (SEHK: 257). CEIL and its subsidiaries are primarily engaged in investment, construction, operation and management of environment protection projects in the PRC.
INFORMATION ON THE VENDOR. The Vendor is a wholly owned subsidiary of Rio Tinto Limited. The Vendor holds an 80% interest in Northparkes Joint Venture. Northparkes operates as an unincorporated joint venture between the Vendor (80%), SMM (13.3%) and SCM (6.7%). Rio Tinto Limited and its subsidiaries are a leading international mining group. Their business is finding, mining, and processing mineral resources. Major products are aluminum, copper, diamonds, thermal and metallurgical coal, uranium, gold, industrial minerals (borax, titanium dioxide and salt) and iron ore.
INFORMATION ON THE VENDOR. The Vendor, which is a wholly-owned subsidiary of Moduslink Corporation, executes comprehensive supply chain and logistics services designed to improve clients’ revenue, cost, sustainability and customer experience objectives. The Moduslink group operates through more than 21 sites across North America, Europe and the Asia-Pacific regions. The Vendor is an independent and unrelated third-party.
INFORMATION ON THE VENDOR. The Property is owned by Xxxxxx Xxxxxxx Xxxxx Xxxxxx Xxxxx Xxxxxx (hereinafter referred to as the “Vendor”).
INFORMATION ON THE VENDOR. The Vendor is a Singapore-incorporated company and owns the total issued and paid-up share capital of the Target. The Vendor as well as each of its directors and shareholders are not related to the Directors, controlling Shareholders, or their respective associates. As at the date of this announcement, the Vendor does not hold any shares in the share capital of the Company (“Shares”).
INFORMATION ON THE VENDOR. The Vendor was incorporated on 14 July 2005 and listed on the Mainboard of the Singapore Exchange Securities Trading Limited (the “SGX-ST”). The principal activity of the Vendor is that of investment holding. The Vendor (through its subsidiaries and associated companies) is currently engaged in (i) the property investment business (the “Property Business”), and (ii) the agency, terminal operations, strategic projects and logistics businesses (the “Logistics Business”). The Vendor has recently obtained the approval of its shareholders to undertake the Property Business, which primarily involves investments in real estate and real estate-related assets for rental income and capital appreciation. In this regard, the Vendor has acquired a stake in Xxxxx Xxxxx Pte. Ltd., a property investment company which has a portfolio comprising ABI Plaza, a commercial building, and residential units in Sky@Eleven and Saint Regis Residences. The proposed sale of the Sale Shares by the Vendor represents a divestment of its Logistics Business which are operated through the Target Companies.
INFORMATION ON THE VENDOR. To the best knowledge of the Directors, the Vendor is principally engaged in investment holding. The Vendor is a wholly-owned subsidiary of Cosmopolitan. Cosmopolitan is a listed subsidiary of P&R Holdings Limited, which is in turn owned by Paliburg and Regal as to 50% each. As Regal is a listed subsidiary of Paliburg and Century City, Cosmopolitan is therefore a listed subsidiary of Paliburg and Century City. To the best knowledge of the Directors, each of Paliburg and Regal held approximately 7.6% equity interest in the Company immediately prior to the date of this announcement. As informed by Xxxxxxxx and Regal, each of them has ceased to hold the aforesaid interests in the Company as at the date of this announcement. Save for the aforesaid, to the best knowledge of the Directors, each of the Vendor, Cosmopolitan, P&R Holdings Limited, Paliburg, Regal and Century City is independent of and not connected with the Company and connected persons of the Company as at the date of this announcement.
INFORMATION ON THE VENDOR. The Vendor is a company incorporated under the law of Hong Kong with limited liability. It is a direct subsidiary wholly and beneficially owned by the Company. The Vendor is principally engaged in investment holding. Financial Information of the Vendor The unaudited financial information of the Vendor for the twelve months ended 31 December 2021 in accordance with the generally accepted accounting principles in Hong Kong is as follows: For the Twelve months ended 31 December 2021 RMB’000 (unaudited) Shunfeng Photovoltaic Holdings Total asset value 2,123,676 Net asset/(liability) value (5,377,270) Total revenue N/A Net profit/(loss) before taxation (1,989,486) Net profit/(loss) after taxation (1,989,486) Information on the Purchaser The Purchaser is a company incorporated under the laws of British Virgin Islands with limited liability and an indirect wholly-owned subsidiary of China Orient Asset Management Co., Ltd（中國東方資產管理股份有限公司）, which is 71.55% owned by the PRC Ministry of Finance. The scope of business of the Purchaser includes investments and holdings. To the best of the Directors’ knowledge, information and belief, having made all reasonable enquiries, the Purchaser and its ultimate beneficial owner are Independent Third Parties of the Company and its connected person (as defined under Chapter 14A of the Listing Rules). Save as disclosed in this announcement, the Company has not entered into or contemplated to enter into any other arrangements, agreements or understanding (whether formal or informal and whether express or implied) with the Purchaser or its ultimate beneficial owner as at the date of this announcement. Information on Xxxxxxx Xxxxxxxx Jiangxi Shunfeng is a company incorporated under the laws of PRC with limited liability and is an indirect wholly-owned subsidiary of the Company. Xxxxxxx Xxxxxxxx is principally engaged in investing in photovoltaic power generation in the PRC. Its scope of business includes investment management, providing services to entities the Company has invested in, establishing technology development centres in the PRC, providing consultation services to its investors and undertaking services outsourcing business.
INFORMATION ON THE VENDOR. The Vendor is an investment holding company incorporated in Myanmar and having its registered office at Olympic Hotel, National Swimming Pool Compound, U Wisara Road, Dagon Township, Yangon. Daw Soe Soe owns 75% of the Vendor. She is also a director of JL Group Myanmar and in charge of its international trading business, which includes the import of heavy machineries and construction materials and export of plywood to overseas markets. JL Group was founded in 1995 and its businesses are diversified across a broad range of industries including forestry, manufacturing, international trading, financial technology, real estate, hospitality and infrastructure development. As at the date hereof, the Vendor owns 30% of the entire issued and paid up share capital of the Target. Assuming the completion of the Proposed Acquisition of 20% of the entire issued and paid up share capital of the Target, the Vendor will own 10% of the entire issued and paid up share capital of the Target. The Vendor is not related to the Directors or substantial shareholders of the Company. There was no introducer in respect of the Proposed Acquisition.
INFORMATION ON THE VENDOR. Seri Alam is a wholly-owned subsidiary of XXXxxx with an authorized share capital of RM200 million comprising 200 million shares of RM1.00 each and an issued and paid up capital of RM70 million comprising 70 million shares of RM1.00 each. The directors of Seri Alam are Dato Ng Eng Tee, Mr. Pee Xxxx Xxx and Xx. Xx Eng Soon. The principal activity of Seri Alam is property development and other related activities.
