CORORATE INVESTOR AGREEMENTCorporate Investor Agreement • November 10th, 2020
WHEREAS, The Corporate Donor, in furtherance of the Donor’s charitable purpose, deems it to be in the Donor’s best interest to support the activities of the Community Foundation through contributing to the Community Foundation’s endowment fund called the Corporate Investor Fund (“Fund”); and
The Corporate PlacingCorporate Investor Agreement • February 27th, 2008
In late February 2008, as part of the International Offering, the Company has entered into corporate investor agreements with nine corporate investors (the ""Corporate Investors'') who in aggregate have agreed to subscribe at the Offer Price for such number of Offer Shares that may be purchased with an aggregate amount of U.S.$450 million. Assuming a mid-point Offer Price of HK$10.32, the total number of H Shares subscribed by the Corporate Investors would be approximately 339,975,000 H Shares, which represents approximately (i) 3.5% of the Shares issued and outstanding upon completion of the Global Offering without taking into account the Shares to be issued pursuant to the A Share Offering; (ii) 2.8% of the Shares issued and outstanding following the A Share Offering and the Global Offering; and (iii) 19.9% of the Offer Shares, in each case assuming that the Over-allotment Option is not exercised. Each of the Corporate Investors is not related to each other and is an independent thir
THE CORNERSTONE PLACINGCorporate Investor Agreement • September 26th, 2010
As part of the International Offering, the Company and the Joint Global Coordinators have entered into a corporate investor agreement (“Corporate Investor Agreement”) with Chow Tai Fook Nominee Limited, which has agreed to subscribe for the number of Shares equal to the maximum number of Shares that may be purchased with HK$100.0 million at the initial public offer price, (the “Investor Shares”) which, assuming a mid-point Offer Price of HK$2.40 and that the Over-allotment Option is not exercised, represents approximately 9.1% of the initial International Offer Shares, approximately 7.7% of the Offer Shares, or approximately 2.1% of the enlarged issued share capital of the Company immediately following the completion of the Global Offering. Pursuant to the Corporate Investor Agreement and immediately following the completion of the Global Offering, the Cornerstone Investor will not be a substantial shareholder (as defined under the Listing Rules). We will disclose the actual number of
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
THE CORPORATE PLACINGCorporate Investor Agreement • October 10th, 2007
As part of the Placing, the Company and the Lead Manager have entered into corporate investor agreements with the following corporate investors (the “Corporate Investors”), which have agreed to acquire an aggregate of approximately US$10 million worth of the Shares at the Placing Price. Based on the exchange rate of US$1 to HK$7.7, the total number of Shares acquired by the Corporate Investors would be approximately 56,616,000 (rounded down to the nearest whole board lot of 2,000 Shares for each of the Corporate Investors), representing approximately 24.83% of the Placing Shares or approximately 6.21% of the total number of Shares upon completion of the Placing (assuming the Over-allotment Option is not exercised and without taking into account of the Shares falling to be issued upon the exercise of any Pre-IPO Share Options or any options that may be granted under the Share Option Scheme).
THE CORPORATE PLACINGCorporate Investor Agreement • June 27th, 2010
Our Company and the Joint Lead Managers have entered into a corporate investor agreement (the “Cornerstone Investor Agreement”) with Manulife International Holdings Limited (the “Cornerstone Investor”) who has agreed to subscribe for the maximum number of our Shares that may be purchased with HK$21,120,000 at the Offer Price (exclusive of brokerage, SFC transaction levy and Stock Exchange trading fee), but subject to a maximum of such number of our Shares which shall represent 4.8% (equivalent to 19.2 million Shares) of the enlarged total issued share capital of our Company upon the Listing, rounded down to the nearest board lot of our Shares (the “Corporate Placing”).
