Common Contracts
1 similar Corporate Investor Agreement contracts
The Cornerstone InvestorsCorporate Investor Agreement • September 20th, 2007
As part of the International Offering, the Joint Global Coordinators and our Company have entered into a corporate investor agreement with each of the Cornerstone Investors in September 2007. Pursuant to these agreements, which were negotiated and entered into on arm’s length basis, the Cornerstone Investors have agreed to subscribe for such number of Offer Shares (rounded down to the nearest whole board lot of 1,000 Shares) which may be purchased for US$90 million (or its Hong Kong dollars equivalent based on the closing middle point spot rate quoted by The Hongkong and Shanghai Banking Corporation Limited for United States dollars at the close of business in Hong Kong on the Price Determination Date) at the Offer Price. Assuming the mid-point Offer Price of HK$4.65, the total number of Offer Shares that the Cornerstone Investors would subscribe for would be 149,007,000, which is 6.8% of the Shares outstanding immediately following the completion of the Global Offering, assuming that
