MAJOR TRANSACTION - TOM Group
MAJOR TRANSACTION - TOM Group
MAJOR TRANSACTION - TOM Group
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“HMG”<br />
“HMG MI Shareholders”<br />
“Hong Kong”<br />
“Market Price”<br />
“Mr. Jan”<br />
“NTD”<br />
means Home Media <strong>Group</strong> Limited, a company incorporated<br />
in the Cayman Islands and, upon completion of the Print<br />
Media <strong>Group</strong> Restructuring, a wholly-owned subsidiary of<br />
Cité Publishing Holding. As at the date of the Stock Purchase<br />
Agreement, HMG owns the entire issued share capital of PC<br />
Home and approximately 99.97% of the issued share capital<br />
of Cité<br />
means the 241 shareholders of HMG (including Mr. Jan),<br />
who have agreed to subscribe for an aggregate of 23.29% of<br />
the issued share capital of Cité Publishing Holding pursuant<br />
to the Subscription Agreement and are independent of the<br />
Directors, chief executive, substantial shareholders and<br />
management shareholders of <strong>TOM</strong> and their respective<br />
Associates. The HMG MI Shareholders include individual<br />
investors, investment funds, corporations and employees of<br />
PC Home and Cité. Their shareholdings in Cité Publishing<br />
Holding will range from approximately 0.0003% to<br />
approximately 2.026%<br />
means the Hong Kong Special Administrative Region of the<br />
People’s Republic of China<br />
means HKD2.10, being the closing price per <strong>TOM</strong> Share as<br />
quoted on the Stock Exchange on 14th February, 2003<br />
(i.e., the date of the Stock Purchase Agreement)<br />
means Jan Hung-Tze (), who is the chairman of Cité<br />
and a director of each of Business Weekly, Sharp Point, PC<br />
Home and HMG. Mr. Jan is independent of the Directors,<br />
chief executive, substantial shareholders and management<br />
shareholders of <strong>TOM</strong> and their respective Associates. Upon<br />
completion of the Print Media <strong>Group</strong> Restructuring, Mr. Jan<br />
will own approximately 2.026% of Cité Publishing Holding.<br />
As Mr. Jan is the chief executive officer of the Print Media<br />
<strong>Group</strong> and there are numerous HMG MI Shareholders<br />
involved in the transaction, notifying the HMG MI<br />
Shareholders of the Offer by Mr. Jan on behalf of <strong>TOM</strong> Print<br />
Media will facilitate the process and completion of the Cité<br />
Acquisition<br />
means New Taiwan Dollars<br />
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