THE CORNERSTONE PLACINGThe Cornerstone • November 25th, 2022
We have entered into a cornerstone investment agreement (the “Cornerstone Investment Agreement”) with Arda (HK) Investment Co., Limited (“Arda Investment” or the “Cornerstone Investor”), pursuant to which, subject to certain conditions precedent, the Cornerstone Investor has agreed to subscribe, at the Offer Price, for certain number of our Offer Shares (rounded down to the nearest whole board lot of 5,000 Shares) that may be purchased for with an amount of HK$30.0 million as part of the International Placing (the “Cornerstone Placing”).
THE CORNERSTONE PLACINGThe Cornerstone • May 14th, 2021
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement”, and together the “Cornerstone Investment Agreements”) with the cornerstone investors set out below (each a “Cornerstone Investor”, and together the “Cornerstone Investors”), pursuant to which the Cornerstone Investors have agreed to, subject to certain conditions, subscribe, or cause their designated entities to subscribe, for such number of Offer Shares (rounded down to the nearest whole board lot of 100 Shares) which may be purchased at the Offer Price with an aggregate amount of approximately US$1,529 million (approximately HK$11,882 million) (calculated based on the conversion rate of US$1.00 to HK$7.7689) (exclusive of the brokerage fee, the SFC transaction levy and the Stock Exchange trading fee) (the “Cornerstone Placing”).
THE CORNERSTONE PLACINGThe Cornerstone • March 17th, 2014
We have entered into a cornerstone investment agreement (the “Cornerstone Investment Agreement”) with Sunshine Life Insurance Co., Ltd. (“Sunshine Life”), who has agreed to subscribe at the Offer Price for a total number of 280,000,000 Shares, representing (i) 7% of the total issued share capital of the Company immediately following the completion of the Global Offering, assuming that the Over-allotment Option is not exercised, and (ii) approximately 6.75% of the total issued share capital of the Company immediately following the completion of the Global Offering, assuming that the Over-allotment Option is exercised in full (the “Cornerstone Placing”). Details of the allocations to Sunshine Life will be disclosed in the announcement of results of allocations in the Hong Kong Public Offering to be published on or about March 27, 2014.
THE CORNERSTONE PLACINGThe Cornerstone • June 29th, 2022
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement”, and together the “Cornerstone Investment Agreements”) with the cornerstone investors set forth below (each a “Cornerstone Investor”, and together the “Cornerstone Investors”), who have agreed to, subject to certain conditions, subscribe or cause their designated entities to subscribe for such number of Offer Shares (rounded down to the nearest whole board lot of 200 H Shares) which may be purchased at the Offer Price with an aggregate amount of approximately HK$4,903 million (exclusive of the brokerage fee, the SFC transaction levy, the Stock Exchange trading fee and the FRC transaction levy) (the “Cornerstone Placing”).
THE CORNERSTONE PLACINGThe Cornerstone • December 29th, 2020
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement”, and together the “Cornerstone Investment Agreements”) with the cornerstone investors set out below (each a “Cornerstone Investor”, and together, the “Cornerstone Investors”), pursuant to which the Cornerstone Investors have agreed to subscribe, subject to certain conditions, at the Offer Price for such number of Offer Shares (rounded down to the nearest whole board lot of 4,000 Shares) that may be purchased for an aggregate amount of approximately US$11.7 million (exclusive of brokerage, SFC transaction levy and the Hong Kong Stock Exchange trading fee) (the “Cornerstone Placing”).
THE CORNERSTONE PLACINGThe Cornerstone • October 17th, 2018
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement”, and together the “Cornerstone Investment Agreements”) with the cornerstone investors described below (each a “Cornerstone Investor”, and together, the “Cornerstone Investors”), pursuant to which the Cornerstone Investors have agreed to, subject to certain conditions, acquire at the Offer Price a certain number of our Offer Shares, the Offer Shares that may be purchased with an aggregate investment amount of approximately HK$1,918,345,000 (calculated based on the conversion rate of US$1.00 to HK$7.8282 for illustrative purposes only) (the “Cornerstone Placing”). Pursuant to the Cornerstone Investment Agreements, all US dollar investment amounts are to be calculated using the closing Hong Kong dollar: US dollar exchange rate quoted by The Hongkong and Shanghai Banking Corporation Limited at 6:00 p.m. on the business day immediately prior to the Price Determination Date (excluding brokerage
THE CORNERSTONE PLACINGThe Cornerstone • July 9th, 2018
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement”, and together the “Cornerstone Investment Agreements”) with the cornerstone investors set out below (each a “Cornerstone Investor”, and together, the “Cornerstone Investors”), pursuant to which the Cornerstone Investors have agreed to, subject to certain conditions, subscribe at the Offer Price a certain number of our Offer Shares (the “Cornerstone Placing”).
THE CORNERSTONE PLACINGThe Cornerstone • June 23rd, 2020
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement”, and together the “Cornerstone Investment Agreements”) with the cornerstone investors set out below (each a “Cornerstone Investor”, and together the “Cornerstone Investors”), pursuant to which the Cornerstone Investors have agreed to, subject to certain conditions, subscribe at the Offer Price for a certain number of Offer Shares that may be purchased for an aggregate amount of US$110.0 million (approximately HK$852.1 million) (calculated based on the conversion rate of US$1.00 to HK$7.7464) (the “Cornerstone Placing”).
THE CORNERSTONE PLACINGThe Cornerstone • January 13th, 2010
We have entered into two agreements with cornerstone investors (the “Cornerstone Investors” and each a “Cornerstone Investor”) who in aggregate have agreed to subscribe for approximately US$100 million (or approximately HK$776 million) worth of our Offer Shares at the Offer Price (collectively, the “Cornerstone Placing”). Assuming a maximum Offer Price of HK$133.50, the total number of Shares subscribed by the Cornerstone Investors will be approximately 6,101,100, which is approximately 3.78% of the Shares outstanding, upon completion of the Offerings and 26.58% of the Offer Shares (assuming the Over-allotment Options and the Options granted under the EIP are not exercised), respectively. Each of the Cornerstone Investors is an independent third party not connected with us and not connected with each other among themselves, and will not be a substantial shareholder of our Company upon Listing and during the six-month lock-up period as described below. It should be noted, however, that
THE CORNERSTONE PLACINGThe Cornerstone • December 1st, 2016
We have entered into cornerstone investment agreements (altogether, the “Cornerstone Investment Agreements”) with the following investors (the “Cornerstone Investors”, each a “Cornerstone Investor”), pursuant to which the Cornerstone Investors have agreed to subscribe at the Offer Price for such number of Offer Shares (rounded down to the nearest whole board lot of 500 Shares) that may be purchased for an aggregate amount of US$160 million (or approximately HK$1,241.2 million) (the “Cornerstone Placing”).
THE CORNERSTONE PLACINGThe Cornerstone • June 28th, 2022
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement” and together the “Cornerstone Investment Agreements”) with the cornerstone investors set out below (each a “Cornerstone Investor” and together the “Cornerstone Investors”), pursuant to which the Cornerstone Investors have agreed, subject to certain conditions, to subscribe at the Offer Price for such number of Offer Shares (rounded down to the nearest whole board lot of 1,000 Shares) that may be purchased for an aggregate amount of US$30 million (or approximately HK$235 million) (the “Cornerstone Placing”).
THE CORNERSTONE PLACINGThe Cornerstone • November 25th, 2020
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement”, and together the “Cornerstone Investment Agreements”) with the cornerstone investors set out below (each a “Cornerstone Investor”, and together the “Cornerstone Investors”), pursuant to which the Cornerstone Investors have agreed to, subject to certain conditions, subscribe, or cause their designated entities to subscribe, for such number of Offer Shares (rounded down to the nearest whole board lot of 50 Shares) which may be purchased with an aggregate amount of approximately US$1,350 million (approximately HK$10,467 million) (calculated based on the conversion rate of 7.7526) at the Offer Price (the “Cornerstone Placing”), assuming a final Offer Price of HK$70.58 per Share.
THE CORNERSTONE PLACINGThe Cornerstone • December 17th, 2021
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement”, and together the “Cornerstone Investment Agreements”) with the cornerstone investors set out below (each a “Cornerstone Investor”, and together the “Cornerstone Investors”), pursuant to which the Cornerstone Investors have agreed to, subject to certain conditions, subscribe for such number of Offer Shares (rounded down to the nearest whole board lot of 50 Shares) that may be purchased with an aggregate amount of approximately US$29 million (approximately HK$223 million) at the Offer Price (the “Cornerstone Placing”).
THE CORNERSTONE PLACINGThe Cornerstone • September 22nd, 2022
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement”, and collectively the “Cornerstone Investment Agreements”) with Ms. Chu Kin Lan (朱建蘭女士) (“Ms. Chu”) and Infinitus Wealth Limited (“Infinitus Wealth”) (the “Cornerstone Investors”, and each a “Cornerstone Investor”), pursuant to which the Cornerstone Investors have agreed to subscribe for or purchase, at the Offer Price, such number of Offer Shares (rounded down to the nearest whole board lot of 5,000 Shares) that may be subscribed for an aggregate amount of approximately HK$20,000,000 (the “Cornerstone Placing”).
THE CORNERSTONE PLACINGThe Cornerstone • November 13th, 2015
We have entered into a cornerstone investment agreement (the “Cornerstone Investment Agreement”) with Huarong International Asset Management Great China Investment Fund L.P. (“Huarong Asset Management Fund”), pursuant to which Huarong Asset Management Fund has agreed to subscribe for such number of H Shares (rounded down to the nearest whole board lot of 1,000 H Shares) which may be purchased with a principal amount of HK$230.18 million (exclusive of applicable brokerage, SFC transaction levy and Stock Exchange trading fee) at the Offer Price (the “Cornerstone Placing”).
THE CORNERSTONE PLACINGThe Cornerstone • December 5th, 2021
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement”, and together the “Cornerstone Investment Agreements”) with the cornerstone investors set out below (each a “Cornerstone Investor”, and together the “Cornerstone Investors”), pursuant to which the Cornerstone Investors have agreed to, subject to certain conditions, subscribe for such number of Offer Shares that may be purchased with an aggregate amount of US$450 million (approximately HK$3,510 million) at the Offer Price (the “Cornerstone Placing”).
THE CORNERSTONE PLACINGThe Cornerstone • December 2nd, 2019
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement”, and together the “Cornerstone Investment Agreements”) with the cornerstone investors set out below (each a “Cornerstone Investor”, and together the “Cornerstone Investors”), pursuant to which the Cornerstone Investors have agreed to, subject to certain conditions, subscribe at the Offer Price for such number of Offer Shares (rounded down to the nearest whole board lot of 1,000 Shares) that may be purchased for an aggregate amount of US$133 million (or approximately HK$1,040.62 million) (the “Cornerstone Placing”).
THE CORNERSTONE PLACINGThe Cornerstone • November 15th, 2010
We have entered into agreements with six cornerstone investors (the “Cornerstone Investors” and each a “Cornerstone Investor”) who in aggregate have agreed to subscribe for up to approximately US$65 million worth of our Shares at the Offer Price (collectively, the “Cornerstone Placing”). Assuming an Offer Price of HK$41.09 (being the mid-point of the Offer Price range set out in this prospectus), the total number of Shares subscribed by the Cornerstone Investors will be approximately 12,264,200, which is approximately 3.1% of the Shares outstanding, upon completion of the Global Offering and the Skyland Acquisition and 22.9% of the Offer Shares (assuming the Over-allotment Options and the Pre-IPO Share Options are not exercised and no adjustment has been made to the Consideration Shares issuable pursuant to the working capital adjustment under the Sale and Purchase Agreement), respectively. Each of the Cornerstone Investors is an independent third party not connected with us and none o
THE CORNERSTONE PLACINGThe Cornerstone • December 17th, 2021
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement”, and together the “Cornerstone Investment Agreements”) with the cornerstone investors set out below (each a “Cornerstone Investor”, and together the “Cornerstone Investors”), pursuant to which the Cornerstone Investors have agreed to, subject to certain conditions, subscribe for such number of Offer Shares that may be purchased with an aggregate amount of approximately US$511.6 million (approximately HK$3,990 million) at the Offer Price (the “Cornerstone Placing”).
THE CORNERSTONE PLACINGThe Cornerstone • September 13th, 2023
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement”, and together the “Cornerstone Investment Agreements”) with the cornerstone investors set out below (each a “Cornerstone Investor”, and together the “Cornerstone Investors”), pursuant to which the Cornerstone Investors have agreed to, subject to certain conditions, subscribe, or cause their designated entities to subscribe, for such number of Offer Shares that may be purchased with an aggregate amount of US$100.0 million (approximately HK$784.6 million) (exclusive of brokerage, SFC transaction levy, AFRC transaction levy and Stock Exchange trading fee) at the Offer Price (the “Cornerstone Placing”).
