The Hong Kong Public Offering. 4.1 Subject to the registration of the Prospectus by the Registrar of Companies in Hong Kong, the Company shall offer the Hong Kong Offer Shares for subscription on and subject to the terms and conditions set out in the Prospectus. The Sole Sponsor shall arrange for, and the Company shall cause the Formal Notice to be published on the official website of the Stock Exchange and that of the Company.
4.2 The Company agrees that the Hong Kong Offer Shares (subject to re-allocation (if any) as provided in Clauses 5.5 and 7.1) shall be divided into two pools for allocation, respectively, to applicants who have applied for the Hong Kong Offer Shares in the aggregate subscription price (excluding the brokerage at the rate of 1%, the SFC transaction levy at the rate of 0.0027%, the Stock Exchange trading fee at the rate of 0.005% and the Financial Reporting Council transaction levy at the rate of 0.00015% payable thereon) of HK$5 million or less and to applicants who have applied for the Hong Kong Offer Shares in the aggregate subscription price (excluding the brokerage at the rate of 1%, the SFC transaction levy at the rate of 0.0027%, the Stock Exchange trading fee at the rate of 0.005% and the Financial Reporting Council transaction levy at the rate of 0.00015% payable thereon) of more than HK$5 million and up to the total value of that pool. For this purpose only, the subscription price for the Hong Kong Offer Shares means the price payable on application therefor (without regard to the Offer Price as finally determined). The Sole Global Coordinator (for itself and on behalf of the Hong Kong Underwriters) shall, as soon as practicable after the Acceptance Date and after consultation with the Company, determine the manner and the basis of allocation of the Hong Kong Offer Shares. The Sole Global Coordinator shall, after consultation with the Company and in compliance with all applicable laws, rules and regulations, be entitled to exercise and on behalf of the Company the power to authorise the Receiving Bank to exercise the discretion on the part of the Company to reject or accept in whole or in part any application for the Hong Kong Offer Shares subject to the authority of the Receiving Bank pursuant to the terms of the Receiving Bank Agreement, to reject as agent on behalf of the Company any application under the Hong Kong Public Offering received by it which in its absolute opinion fails to comply with the terms and conditions of the application as set out in...
The Hong Kong Public Offering
