SALE AND PURCHASE AGREEMENT RELATING TO THE PROPOSED ACQUISITION BY SKY ONE HOLDINGS LIMITED (THE “COMPANY” OR “SKY ONE”) FROM MR. JOHNSON HSIEH OFSale and Purchase Agreement • November 1st, 2008
Contract Type FiledNovember 1st, 2008Further to the announcement made by the Board of Directors of the Company (the “Board”) on 22 July 2008, the Board wishes to announce that the Company has on 31 October 2008 entered into a sale and purchase agreement (the “SPA”) with Mr. Johnson Hsieh (the “Vendor”) to acquire from the Vendor (i) 7,515,000 shares in or shareholding interest comprising 50.1% of the total issued and paid up share capital of China Jet Express Group Limited ( 亨 達 航 空 貨 運 集 團 有 限 公 司 ) (Hong Kong Company Registration Number 0275306) (the “Hong Kong Sale Company”) and (ii) 3,557,100 shares in or shareholding interest comprising 50.1% of the total issued and paid up share capital of 亨 達 航 空 貨 運 承 攬 股 份 有 限 公 司 (Taiwan Company Registration Number: 23313546) (the “Taiwan Sale Company”) (collectively, the “Sale Shares”).