Common Contracts
1 similar Cornerstone Investment Agreement contracts
THE CORPORATE PLACINGCornerstone Investment Agreement • June 28th, 2010
As part of the International Offering, the Joint Bookrunners and we have entered into cornerstone investment agreements with each of the 11 investors described below (the “Corporate Investors”, each a “Corporate Investor”), pursuant to which the Corporate Investors have agreed to subscribe, at the Offer Price for such number of Offer Shares (rounded down to the nearest whole board lot of 1,000 H shares) that may be purchased for an aggregate amount of US$5.45 billion (the “Corporate Placing”). Assuming an Offer Price of HK$3.18 (being the mid-point of the indicative Offer Price range stated in this prospectus), the total number of H shares to be subscribed for by the Corporate Investors would be 13,337,585,000, representing approximately (i) 4.20% of the shares in issue and outstanding upon the completion of the A Share Offering and the Global Offering, assuming that neither of the over-allotment options for the A Share Offering and the Global Offering is exercised; or (ii) without giv
