INFORMATION ON THE PURCHASER. The information on the Purchaser provided below was provided to the Company by the Purchaser. In respect of such information, the Board has not conducted an independent review or verification of the accuracy and correctness of the statements and information below. The Board’s responsibility is limited to the proper extraction and reproduction herein in the context that is being disclosed in this announcement.
INFORMATION ON THE PURCHASER. The Purchaser is a state-owned company listed on the SSE and based in Nanhai District, Foshan City, Guangdong Province, PRC. The Purchaser, together with its subsidiaries engages in the tap water supply, sewage treatment, solid waste treatment and disposal, gas service and waste incineration power generational businesses in the PRC.
INFORMATION ON THE PURCHASER. The Purchaser is a company incorporated in Japan whose shares are listed on Hercules of the Osaka Securities Exchange. The Purchaser’s current principal business activities include the distribution and provision of content over digital channels including the Internet, mobile phones and communications satellite television. The Purchaser acquired a controlling interest in the Company in December 2004 as a result of a voluntary unconditional securities exchange offer. The Purchaser is a connected person of the Company by virtue of its direct and indirect holding of a controlling interest of approximately 73.99% of the issued share capital of the Company. INFORMATION ON YOSHIMOTO AMERICA Yoshimoto America is a company incorporated in Delaware, USA and a wholly-owned subsidiary of the Purchaser. Xxxxxxxxx Xxxxxxx holds approximately 23.36% of the issued share capital of the Company. Yoshimoto America is therefore a connected person of the Company. INFORMATION ON FANDANGO USA GROUP In October 2002, the Company, through its wholly-owned subsidiary, Rojam USA, completed its acquisition of 80% of the issued share capital of Yoshimoto Music at a consideration of HK$67.5 million. In September 2004, the Company through Rojam USA completed its acquisition of the remaining 20% of the issued share capital of Yoshimoto Music at a consideration of JPY400,000,000 (equivalent to approximately HK$27.6 million at a rate of JPY14.49 to HK$1). At the time of the 2002 and 2004 acquisitions, Yoshimoto Music owned the entire issued share capital of R&C. R&C is principally engaged in the production and sales of audio and audio-visual products, digital content distribution and master-tape right licensing and music production in Japan. In November 2004, in order to consolidate the Group’s structure, Yoshimoto Music was dissolved and R&C Asia, a wholly-owned subsidiary of the Company, was merged into R&C who issued the R&C Shares to the Company. In January 2005, Rojam USA changed its name to Fandango USA. Fandango USA is an investment holding company and has not carried on any business activities since its incorporation and has no material assets other than its direct holding of shares in R&C since the 2004 consolidation and holds 30,000 Series A Convertible Preferred Stocks of Bellrock Media, Inc., an independent third party company established in the USA whose principal focus is to engage in the production and distribution of digital entertainment content through multi-media platform...
INFORMATION ON THE PURCHASER. The Purchaser is a company established in the PRC with limited liability. The Purchaser is principally engaged in, among others, asset management. The Purchaser is wholly-owned by China Three Gorges Group Co., Ltd.* (中國長江三峽集團有限公司) (“China Three Gorges Group”), which is a state-owned corporation wholly-owned by the State-owned Assets Supervision and Administration Commission of the State Council of the PRC. China Three Gorges Group has a focus in renewable energy and is principally engaged in, among others, electric engineering construction and development, investment and operation of hydropower. To the best of the GCL-Poly Directors and the GNE Directors’ knowledge, information and belief after having made all reasonable enquiries, the Purchaser and its ultimate beneficial owners are third parties independent of GCL-Poly and GNE and their respective connected persons.
INFORMATION ON THE PURCHASER. The Purchaser is a company incorporated in Belize, and is an investment holding company. The Purchaser is the holding company of Prosper Machineries (Suzhou) Co., Ltd. (“Prosper”), and assists Xxxxxxx in receiving and managing its offshore client orders, issuing quotations to offshore clients and providing technical support services to clients. Prosper was incorporated in Suzhou, PRC in 2001, and is mainly engaged in the manufacturing and sale of, inter alia, electronic components and related products, fine blanking dies, and mould standard parts.
INFORMATION ON THE PURCHASER. The Purchaser is a private company incorporated in the British Virgin Islands on 15th August 2003. The Purchaser is beneficially owned as to 50% by Xx. Xxxxxx Xxx Foo and as to 50% by Xx. Xxx Xxx Xxxx. Xx. Xxxxxx Xxx Foo and Xx. Xxx Xxx Xxxx are also the directors of the Purchaser. The biographical details of Xx. Xxxxxx Xxx Foo and Xx. Xxx Xxx Xxxx are as follows:
INFORMATION ON THE PURCHASER. The Purchaser is a company established under the laws of the British Virgin Islands and is an indirect wholly-owned subsidiary of the Company. The principal business activity of the Purchaser is investment holding. INFORMATION ON THE GROUP The Group is principally engaged in property development and investments in the areas of property, infrastructure, hotel operation, department store operation, commercial aircraft leasing, services and technology.
INFORMATION ON THE PURCHASER. The information presented herein relating to information on the Purchaser is based on information provided by the Purchaser. In respect of such information, the Company has not independently verified the accuracy and correctness of the same and the Company’s responsibility is limited to ensuring that such information has been accurately and correctly extracted and reproduced in this announcement in its proper form and context. The Purchaser, its directors and shareholders, and their respective associates are not related to the Company, its subsidiaries, their directors or substantial shareholders, or their respective 公 associates, and they do not currently hold any shareholding interest (direct or indirect) in the Company. 司
INFORMATION ON THE PURCHASER. 3.1 The Purchaser, AJ Jetting Pte Ltd, is a leading homegrown company with over 12 years of expertise in the industrial jetting and vacuuming industry. Its clients include established hotels and major shopping malls in Singapore.
INFORMATION ON THE PURCHASER. The Purchaser is a company incorporated and having a registered office in Cayman Islands. The Purchaser is a fund manager which manages certain investments and assets of funds. The sole shareholder of the Purchaser is Tremendous Asset Partners Ltd (which is owned by Dato’ Xxxxxxxx Azlan Xxxxxx), and the sole director is Xx Xx Xxxx Xxx (“Xx Xx”) (who is the Non- Executive Chairman of the Company and also a director of CRSB). Save as disclosed, the Purchaser and its shareholder are not in any way related to the Group, the Directors or any of the substantial shareholders of the Company. In view of Xx Xx’x conflict of interest, being the sole director of the Purchaser, the Non-Executive Chairman of the Company and director of CRSB, Xx Xx has abstained from deliberating and making recommendation in relation to the Proposed Disposal. Xx Xx will also inter-alia abstain (where applicable), and will undertake (where applicable) to ensure each of his respective associates (as defined under Section B: Rules of Catalist (“Catalist Rules”) or as required by Singapore Exchange Securities Trading Limited (“SGX-ST”)) will abstain (if any) from voting on resolution in respect of the Proposed Disposal at the extraordinary general meeting (“EGM”) to be convened in connection with, inter alia, the Proposed Disposal.
