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按每股股份0.26港元之初步認購價私人配售有權可認購本公司股本中 ...

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- iii -


- vi -


32 - 1 -


0.0004 0.26 186,420,000 % - 3 -


717,000,000186,420,0003,690,609,859 717,000,000717,000,00019.43%717,000,00016.27%0.016,000,000186,420,000200,0000.2652,000- 4 -


717,000,000186,420,0000.260.262826717,000,0007,170,0000.260.26(i)0.26(ii)0.2456.12%(iii)0.244- 5 -


6.56%(iv)0.2379.7%0.27(i)0.263.85%(ii)0.24510.20%(iii)0.24410.66%(iv)0.23713.92%- 6 -


1,0002.001,0001.001.005.00717,000,000717,000,000- 7 -


0.26(i)(ii)(iii)(iv)70%- 8 -


(v)70%70%(vi)70%(vii)- 9 -


1. 36210552-2-40154100482B693A072-21D2020B2020302-3086036013A2901882818518033- 10 -


3051838G5B2. 39MBA462039Western Mining XizangResources Investment Co. Ltd- 11 -


41Yinli Chemical and Metallurgical (Group) Co. Ltd.Hong Kong Metals and Mines Limited3630472042- 12 -


35Investors GroupCypress House Asset Management Company Limited3045Standard Bank ofLondon 20552036- 13 -


3. Clarendon House,2 Church Street,Hamilton HM 11,Bermuda108171704-05362838G36241612828011282801- 14 -


614Conyers Dill & Pearman8290183Butterfield Fund Services (Bermuda) LimitedRosebank centre,11 Bermudiana Road,Pembroke,Bermuda28264. 5.285.33- 15 -


1. (i)(ii)(iii)7,170,0006,000,000186,420,000717,031,063192,420,0000.2682. (a)342C(b)- 16 -


(c)3. 717,000,0002.5%0.0111.23(3)(b)(ii)1007,170,00011.23(3)(b)(i)- 17 -


(a)(b)(c)(d)(e)(f)- 18 -


4. 200,00052,000717,000,000717,000,0000.005%0.004%1%- 19 -


5. % %Callaway Group Limited1 448,144,014 12.14 448,144,014 10.17Ruffy Investments Limited2 435,367,533 11.80 435,367,533 9.882 56,050,000 1.52 56,050,000 1.27 – – 717,000,000 16.27 2,751,048,312 74.54 2,751,048,312 62.41 3,690,609,859 100.00 4,407,609,859 100.001 Callaway Group Limited2 Ruffy Investments Limited- 20 -


6. 29,500,000 30,000,000 15,140,000 0.257 59,880,000 56,000,000 0.2465 229,556,000- 21 -


- 22 -


• • • • - 23 -


• - 24 -


• • • • • - 25 -


25% - 26 -


• • • • • • • - 27 -


- 28 -


1. 2. 63%32%70%31%5%3. 269,000,00077,600,000246.7%100,100,0006,200,0001,511.7%37.2%8.0%58,300,0008,600,000- 29 -


4. 1.1150,000,000600,0001,020,000- 30 -


186,420,0000.261. (a)0.26(b)- 31 -


(c)(d)28(e)28(i)(ii)(iii)(c)(iv)- 32 -


2. (a)(b)(c)6(i)(ii)(iii)(iv)70%(v)70%70%- 33 -


(vi)70%(vii)(b)(c)(a)(i)(vii)(i)(ii)(iii)(iv)130%(v)- 34 -


(c)(a)(b)(d)10.00511(e)- 35 -


3. 4. 5. 60- 36 -


6. (a)(b)130%7. (a)(b)8. - 37 -


2.503271A(2)(3)(4)(6)(7)(8)9. 10. 18,642,00011. 12. (a)(b)- 38 -


(c)(d)(e)(i)(ii)13. (a)(b)- 39 -


14. 15. 16. - 40 -


1. 269,045 77,612 144,759 64,985 19,183 20,467 (295) (7,884) (2,468) 64,690 11,299 17,999 (3,006) 9,338 - 61,684 20,637 17,999 (443) (1,601) 15 (443 ) (1,601 ) 15 61,241 19,036 18,014 57,860 7,035 10,082 3,381 12,001 7,932- 41 -


319,965 208,190 32,633 1,076,337 1,086,275 811 2,050 36,108 27,728 41,082 94,498 43,350 251 251 - 251,170 244,250 91,743 1,690,855 1,669,572 196,265 (678,975 ) (772,347 ) (31,688 ) 1,011,880 897,225 164,577 1,224 1,069 848 662,590 545,536 115,508 663,814 545,536 116,356 348,066 351,689 48,221 1,011,880 897,225 164,577- 42 -


2. 32134 5 269,045 77,612 (168,972 ) (71,403 ) 100,073 6,209 5 4,554 30,933 72,205 31,263 37 – 13,618 (10,509) (7,966) (41,756) (25,126) (6,544) (2,265) 7 118,023 46,666 8 (53,038 ) (27,483 ) 64,985 19,183 9 (295 ) (7,884 ) 64,690 11,299 10 (3,006 ) 9,338 61,684 20,637- 43 -


58,303 8,636 3,381 12,001 61,684 20,637 60,268 2,675 4,422 8,624 64,690 11,299 (1,965) 5,961 (1,041) 3,377 (3,006) 9,338 13 2.13 0.37 2.20 0.12 1.64 0.35 1.67 0.11- 44 -


61,684 20,637 (443) (1,601) (443 ) (1,601 ) 61,241 19,036 57,860 7,035 3,381 12,00161,241 19,036- 45 -


15 319,965 208,190 16 1,076,337 1,086,275 17 2,050 36,108 19 41,082 94,498 33(a) 251 2511,439,685 1,425,322 20 49,881 24,054 21 84,680 72,076 22 169,296 121,901 23 – 400 17 42 737 24 96,664 199,461 26 28,452 – 25 – 22 26 21,140 94,126450,155 512,777 10 252,676 –702,831 512,777 27 52,041 19,592 28 50,665 42,829 29 2,077 434 29 5,022 22,247 30 231,809 134,111 47,022 49,285 31 – 29388,636 268,527 10 63,025 –451,661 268,527 251,170 244,250 1,690,855 1,669,572- 46 -


30 33,130 59,383 32 378,834 442,812 33(b) 267,011 270,152678,975 772,347 1,011,880 897,225 34 1,224 1,069 36 662,590 544,467663,814 545,536 348,066 351,689 1,011,880 897,225- 47 -


64,985 19,183 10 (3,256) 8,493 61,729 27,676 8 57,630 32,697 5 (366) (655) – (13,618) 6,544 2,265 7 13,835 9,101 7 781 908 16 9,917 8,652 – (1,753) 471 – 7 70 107 7 3,179 439 7 (685) 552 5 (3,527) – 149,578 66,371 (29,656) 19,400 (76,626) 4,309 (120,071) 28,354 102,797 26,868 33,522 4,912 18,184 (6,693) 1,877 (23,822) (29) 9,221 79,576 128,920 (4,271) (218) 75,305 128,702- 48 -


(4,673) (23,672) (102,160) (40,478) (2,114) – 366 655 37 – (39,335) (40) – (24,750) (8,803) (28,452) – (161,823 ) (111,633 ) 34 26,873 54,738 (1,304) (3,119) (1,456) (1,082) (16) (4) 34 3,987 – (119) – (13) – 291,700 45,500 (180,157) (70,628) (15,456) (10,457) (19,866) – (22) (4) (98) (65) 104,053 14,879 17,535 31,948 94,148 64,008 (345) (1,808) 111,338 94,148- 49 -


– 22 21,140 94,12621,140 94,14810 14 – 90,184 –90,198 –111,338 94,148- 50 -


34(d) 32 848 77,201 – – 6,782 8,818 (929 ) (129 ) – – 1,145 – 22,620 116,356 48,221 164,577 54 54,684 – – – – – – – – – – – 54,738 – 54,738 – (3,119) – – – – – – – – – – – (3,119) – (3,119) 168 138,315 – – – – – – – – – – – 138,483 – 138,483 (1) (641) (440) – – – – – – – – – – (1,082) – (1,082) – (4) – – – – – – – – – – – (4) – (4) – – – – – – – – – – 2,265 – – 2,265 – 2,265 – – – – – – – – – – – – – – 291,467 291,467 – – – – – – – – – – – 230,864 – 230,864 – 230,864 221 189,235 (440 ) – – – – – – – 2,265 230,864 – 422,145 291,467 713,612 – – – – – – – – – – – – 8,636 8,636 12,001 20,637 – – – – – – (1,601) – – – – – – (1,601) – (1,601) – – – – – – (1,601) – – – – – 8,636 7,035 12,001 19,036 – – – 1 – – – – – – – – (1) – – – – – – – – 326 – – – – – – (326) – – – 1,069 266,436 (440) 1 6,782 9,144 (2,530) (129) – – 3,410 230,864 30,929 545,536 351,689 897,225- 51 -


34(d) 32 1,069 266,436 (440 ) 1 6,782 9,144 (2,530 ) (129 ) – – 3,410 230,864 30,929 545,536 351,689 897,225 42 26,831 – – – – – – – – – – – 26,873 – 26,873 – (1,304) – – – – – – – – – – – (1,304) – (1,304) (2) (1,454) – – – – – – – – – – – (1,456) – (1,456) – (16) – – – – – – – – – – – (16) – (16) 94 51,318 – – – – – – – – – (15,942) – 35,470 – 35,470 – (13) – – – – – – – – – – – (13) – (13) – – – – – – – – – – – (21,855) – (21,855) – (21,855) 24 4,368 – – – – – – – – (405) – – 3,987 – 3,987 – (119) – – – – – – – – – – – (119) – (119) – – – – – – – – – – 6,544 – – 6,544 – 6,544 – – – – – – – – – 6,964 – – – 6,964 (7,004) (40) 158 79,611 – – – – – – – 6,964 6,139 (37,797 ) – 55,075 (7,004 ) 48,071 – – – – – – – – – – – – 58,303 58,303 3,381 61,684 – – – – – – (443) – – – – – – (443) – (443) – – – – – – (443) – – – – – 58,303 57,860 3,381 61,241 (3) (437) 440 – – – – – – – – – – – – – – – – – – – – – – – (270) – 270 – – – – – – – – – – – 5,343 – – – – 5,343 – 5,343 – – – 5 – – – – – – – – (5) – – – – – – – – 192 – – – – – – (192) – – – 1,224 345,610 – 6 6,782 9,336 (2,973 ) (129 ) 5,343 6,964 9,279 193,067 89,305 663,814 348,066 1,011,880- 52 -


1. Clarendon House, 2 Church Street, Hamilton HM11, Bermuda108171704-170518321342. 1 23 27 2 7 811- 53 -


12727788- 54 -


24 7273 1283 1313 132 539 11 11 42 43 5 19 814 19 717 118 219 6 312345678- 55 -


39271717173. 3.1 2- 56 -


43.2 3.3 3.4 - 57 -


3.5 (i)(ii)(iii)(iv)3.6 - 58 -


50355105583.7 3.113.8 5103.9 - 59 -


3.10 3.11 - 60 -


(i)(ii)(iii)(iv)3.12 (i)(ii)(iii)- 61 -


(i)3.5- 62 -


(ii)(iii) - 63 -


(i)(ii)(iii)- 64 -


3.13 3.14 3.15 (i)- 65 -


(ii)(iii)3.16 3.17 - 66 -


(i)(ii)(iii)(iv)3.11- 67 -


3.18 3.19 (i)(ii)(iii)(iv)(v)(i)(vi)3.20 3.21 - 68 -


3.22 (i)(ii)(iii)(iv)(v)(vi)3.23 3.24 - 69 -


3.25 (i)(ii)3.26 - 70 -


104. (i)(ii)3.63.73.84(i)(iii)- 71 -


(iv)(v)(vi)(vii)- 72 -


5. 269,045 77,612 117,229 142,159 386,274 219,771 50 62 316 593 366 655a – – 9,283 11,518 9,283 11,518b – 29,001 – – – 29,001 869 1,320 – – 869 1,320 – – – 1,753 – 1,753c – – 1,330 2,000 1,330 2,000 – 550 – – – 55032 3,527 – – – 3,527 – – – 732 – 732 – 108 – 291 835 399 835 4,554 30,933 11,952 16,699 16,506 47,632(a)(2004)197(b)20,000,00040(b)(c)570,0002,000,000760,000- 73 -


6. 83.251090%7. 14(a) 1,197 759 – – 1,197 759 8,570 3,212 4,357 7,695 12,927 10,907 1,408 475 – – 1,408 475 1,180 610 116 133 1,296 743 12,355 5,056 4,473 7,828 16,828 12,884 – – (601) (582) (601) (582)12,355 5,056 3,872 7,246 16,227 12,302 9,150 4,120 4,685 4,981 13,835 9,101 – – (93) (94) (93) (94)9,150 4,120 4,592 4,887 13,742 9,007- 74 -


168,972 71,403 89,626 105,888 258,598 177,291 9,792 7,987 – – 9,792 7,987 – – 125 665 125 665 22 – 759 908 781 908 881 982 – – 881 982 1,506 1,150 878 898 2,384 2,048 – – 70 107 70 107 – – 471 – 471 – – – 1,832 1,809 1,832 1,809 – – 5,564 – 5,564 – – – 3,179 439 3,179 439 – – (685) 552 (685) 5528. 5,109 1,663 1,785 2,114 6,894 3,777 5,755 3,580 2,807 3,100 8,562 6,680 42,152 22,236 – – 42,152 22,236 22 4 – – 22 4 53,038 27,483 4,592 5,214 57,630 32,697- 75 -


9. (a) – – – – – – 2,838 9,582 348 245 3,186 9,8272,838 9,582 348 245 3,186 9,82733 (2,543 ) (1,698 ) (598 ) (1,090 ) (3,141 ) (2,788 ) 295 7,884 (250 ) (845 ) 45 7,03925%(b) 64,985 19,183 (3,256) 8,493 61,729 27,67625%25% 15,432 6,919 10,819 5,445 (30,841) (6,447) 4,635 1,122 45 7,039- 76 -


25%(c)6,400,0005,028,00010. Billion Prestige LimitedBillionPrestigeBillion Prestige130,000,000 117,229 142,159 (89,626 ) (105,888 ) 27,603 36,271 11,952 16,699 (20,951) (27,757) (17,268) (11,506) 1,336 13,707 (4,592 ) (5,214 ) (3,256 ) 8,493 250 845 (3,006 ) 9,338- 77 -


15 15,49816 2117 36,086 43,350 3,829(a) 60,843 2,451 400 14 90,184 252,676(b) 1,073 3,315 234 17,22530(b) 40,000 1,178 63,025* 189,651* 68,920,000 31,231 313 (25,592) 5,952- 78 -


(a)060 5,74261120 7,070121180 16,543180 31,48860,843 29,355160 1,53760 29,95160,84318031,488,000(b)090 9591180 17181365 885365 761,073- 79 -


(0.07) 0.25 (0.03) 0.2413 (1,965,000) 5,961,00013 2,739,601,085 2,350,216,300 161,298,740 141,604,949 3,235,723,209 – 6,136,623,034 2,491,821,24911. 58,303,0008,636,00052,348,00030,867,00012. - 80 -


13. 58,303 8,636 (3,006 ) 9,338 1,041 (3,377 ) (1,965) 5,961 60,268 2,67558,303,0008,636,0002,739,601,0852,350,216,30060,268,0002,675,0002,739,601,0852,350,216,300100,455,00058,303,00042,152,0006,136,623,0342,739,601,085161,298,7403,235,723,2098,636,0002,491,821,2492,350,216,300141,604,949102,420,00060,268,00042,152,0006,136,623,0342,739,601,085161,298,7403,235,723,209- 81 -


2,675,0002,491,821,2492,350,216,300141,604,94934(f)14. (a) – 354 10 7 371 – 247 – – 247 32 – – – 32 64 – 3 – 67 32 – 108 – 140(i) 53 – 10 – 63(i) 40 – 4 – 44 83 – – – 83 81 – – – 81(ii) 46 – – – 46(i) 23 – – – 23454 601 135 7 1,197- 82 -


– 356 – 5 361 – 155 – – 155* 23 – – – 23 # 59 – – – 59* 10 – – – 10 54 – – – 54^ 5 – – – 5*, ^ 22 – – – 22* 35 – – – 35* 35 – – – 35243 511 – 5 759(i)(ii)* ^# (b)(a) 2,935 1,959 485 475 38 253,458 2,459- 83 -


1,000,000 1 11,000,0012,000,000 2 215. 17,116 8,203 – 33,716 1,988 5,264 7,103 73,390 (7,031) (8,171) – (20,968) (1,656) (2,931) – (40,757) 10,085 32 – 12,748 332 2,333 7,103 32,633 10,085 32 – 12,748 332 2,333 7,103 32,633 – 216 1,025 214 834 662 38,018 40,96937 13,520 – 91,980 24,414 163 3,132 18,240 151,449 – – – – – – (7,639) (7,639) – (2) – (27) (27) (51) – (107) 384 – – – – – (384) – (1,474) (86) (1,517) (4,795) (255) (974) – (9,101) – 2 – – (11) (5) – (14) 22,515 162 91,488 32,554 1,036 5,097 55,338 208,190 31,020 8,228 93,005 58,283 2,852 8,866 55,338 257,592 (8,505) (8,066) (1,517) (25,729) (1,816) (3,769) – (49,402) 22,515 162 91,488 32,554 1,036 5,097 55,338 208,190 22,515 162 91,488 32,554 1,036 5,097 55,338 208,190 30,159 – 3,475 21,077 224 114 86,600 141,64910 (8,462) – – (5,839) (105) (1,092) – (15,498) – – – – – (471) – (471) – – – (70) – – – (70) 82,854 – – – – – (82,854) – (2,821) (92) (942) (8,394) (327) (1,259) – (13,835) 124,245 70 94,021 39,328 828 2,389 59,084 319,965 126,917 8,228 96,480 45,594 1,195 3,739 59,084 341,237 (2,672) (8,158) (2,459) (6,266) (367) (1,350) – (21,272) 124,245 70 94,021 39,328 828 2,389 59,084 319,965- 84 -


(a)(b)(c)(d)1,432,0008,096,000932,00015,498,0001013,446,00010,644,00030139,742,00030365,000461,00016. 3,600 1,250 – 4,850 (3,060) (979) – (4,039) 540 271 – 811 540 271 – 81137 – – 1,094,116 1,094,116 (540) (125) (7,987) (8,652) – 146 1,086,129 1,086,275 3,600 1,250 1,094,116 1,098,966 (3,600) (1,104) (7,987) (12,691) – 146 1,086,129 1,086,275- 85 -


– 146 1,086,129 1,086,27510 – (21) – (21) – (125) (9,792) (9,917) – – 1,076,337 1,076,337 – – 1,094,116 1,094,116 – – (17,779) (17,779) – – 1,076,337 1,076,3371.10141,076,337,0003017. 38,015 31,458 (1,170) (3,097) 36,845 28,361 36,845 28,361 2,114 33,330 – (23,938)10 (36,086) – (781) (908) 2,092 36,845 2,114 38,015 (22) (1,170) 2,092 36,845 42 737 2,050 36,1082,092 36,845- 86 -


(a)33,330,000(b)2,092,0003036,086,00010)3,703,00031,555,0003018. Best Era Assets Limited 1 – 100% 10,000 – 100% 1,000 100% – 50,000,000 – 65% - 87 -


1,000,000 – 65% Silver Venture Investment 1 100% – Limited 2,000,000 100% – 1 100% – 100 – 100% 1 – 100% 100,000,000 – 100% 150,000,000 – 75% 1,000,000 – 100% 96% 20,000,000 – 100% 96%((- 88 -


19. (a) 33,553 8,803 (b) 7,529 85,69541,082 94,498(a)33,553,0008,803,000(i)8,803,00010,000,0008,803,00010,000,000(ii)24,750,000 ()55%(b)7,529,00085,695,00020. 15,593 4,203 – 2,301 34,288 17,55049,881 24,054- 89 -


21. 84,680 74,702 – (2,626)84,680 72,076060 77,500 5,97061120 1,389 19,788121180 2,101 17,311180 3,690 29,00784,680 72,076 2,626 2,187 3,179 439 (2,626) – (3,179) – – 2,626 79,282 39,361160 1,708 21,22460 3,690 11,49184,680 72,07690180- 90 -


5,398,00032,715,00022. 95,128 99,082 866 379 73,302 22,440169,296 121,901 85,726,00024 1,041 489 (685) 552 (92) – (264) – – 1,04123. – 400- 91 -


1024. (a) 2,703 32,190 32,190 (a), (b) – 71,131 71,131 (a) 41,946 45,105 45,105 (a) – 31,110 31,110 (a) 2,000 2,000 2,000 (a) – 2,925 2,925 (c) – 15,000 15,000 (a) 50,015 – 50,01596,664 199,461(a)(b)37(a)(c)25. 0.36%0.72%- 92 -


26. 492 107 49,100 94,01949,592 94,126 (28,452) –21,140 94,1260.01%0.72%0.36%0.72%24,041,00090,192,00027. 090 47,601 18,28991180 2,223 98181365 185 1,159365 2,032 4652,041 19,59228. 38,335 32,131 9,680 9,994 2,650 70450,665 42,829- 93 -


Ruffy InvestmentsLimitedRuffy8,339,000329,994,0003229. 30. (a) 98 98 (b) 106,437 16,000 (b) 45,000 60,000 (b) 65,274 58,013 (b) 15,000 –231,809 134,111 (a) 279 377 (b) 32,851 – (b) – 59,00633,130 59,383264,939 193,494(a)- 94 -


120 120 120 120 223 341463 581 (86) (106) 377 475 98 98 98 98 181 279377 475 (98) (98) 279 377(b) 151,437 76,000 32,851 – – –184,288 76,000 80,274 58,013 – 29,006 – 30,00080,274 117,019264,562 193,019- 95 -


(i)139,742,000(ii)1,076,337,000:(iii)2,092,000(iv)28,452,000(v)(vi)Temmex Corporation(vii)China Victory International Development Limited(i)13,446,00010,644,000(ii)3,703,00031,555,000(iii)13,000,00020,000,000(iv)16,000,00015,000,0006.14%7.38%30,000,00030,000,0008.64%9.79%9.79%- 96 -


31. * – 29* 26,158,00032. 756,900,000337(a)0.220.00045,000,000- 97 -


430,511 230,864 22,236 – (9,994) – 59 – 442,812 230,864a (49,055) (21,855) (3,527) –b (35,477) (15,942) 42,152 – (18,176) – 105 – 378,834 193,067(a)3,527,000(b)58,364,000265,289,09134(h)1.64 83.02% 3.43% 0%10.1810.18- 98 -


33. 25%25%(a) –37(a) 251 251(b) – – 1,688 1,68837(a) 2,500 268,752 – 271,2529 300 (1,998) (1,090) (2,788) 2,800 266,754 598 270,1529 (95) (2,448) (598) (3,141) 2,705 264,306 – 267,011- 99 -


34. 0.01 5,000,000 50,000b 20,000,000 –0.002 25,000,000 50,000f 100,000,000 –0.0004 125,000,000 50,0000.01 80,000 848a 5,900 54b 343,600 –c 96,000 168d (750) (1)0.002 524,750 1,069e 117,308 42f 2,129,000 –g 29,750 24h 265,289 94i (4,650) (5)0.0004 3,061,447 1,224(a)Callaway GroupLimitedCallaway10.17Callaway5,900,000CallawayCallaway10.175,900,00054,738,00060,003,000- 100 -


(b)0.010.00250,000,00025,000,000,0000.002(c)Ruffy Investments Limited96,000,0000.00237(a)96,000,0001.640.00296,000,000(d)2,120,0000.0021,082,0000.990.365750,0001,370,0000.002440,000(e)Ace Ocean Group LimitedAce OceanDaren InvestmentsLimitedDaren0.2657,687,50059,620,00013,216,00015,000,00013,657,00015,501,000(f)(g)(h)0.0020.000450,000,000125,000,000,0000.00044,000,0004,500,000625,000625,00020,000,0000.340.06668,750,0000.00043,987,0004,538,00035265,289,0910.00040.2232- 101 -


(i)1,370,0000.002880,0000.002898,0001.291.03880,0002,400,0000.0004558,0000.2650.2602,400,00013,650,0000.000435. (i)(ii)(iii)(iv)(v)(vi)(vii)(viii)1.00(a)(b)(a)10%- 102 -


(i)(ii)(iii) **a – 2,000,000 – – – 2,000,000 12 0.260– 2,000,000 – – – 2,000,000 13 0.260– 3,000,000 – – – 3,000,000 14 0.260– 3,000,000 – – – 3,000,000 15 0.260– 10,000,000 – – – 10,000,000 – 600,000 – – – 600,000 12 0.260– 600,000 – – – 600,000 13 0.260– 900,000 – – – 900,000 14 0.260– 900,000 – – – 900,000 15 0.260– 3,000,000 – – – 3,000,000 – 1,500,000 – – – 1,500,000 9 0.234 – – 1,500,000 – 1,500,000 9 0.234– 2,000,000 – – – 2,000,000 12 0.260– 2,000,000 – – – 2,000,000 13 0.260– 3,000,000 – – – 3,000,000 14 0.260– 3,000,000 – – – 3,000,000 15 0.260– 10,000,000 – 1,500,000 – 11,500,000- 103 -


**a – 800,000 – – – 800,000 12 0.260– 800,000 – – – 800,000 13 0.260– 1,200,000 – – – 1,200,000 14 0.260– 1,200,000 – – – 1,200,000 15 0.260– 4,000,000 – – – 4,000,000 3,125,000 – (3,125,000 ) – – – 3 0.0663,125,000 – (3,125,000 ) – – – 4 0.0664,000,000 – – – (2,500,000 ) 1,500,000 5 0.340– 5,500,000 – – – 5,500,000 7 0.216– 5,000,000 – – – 5,000,000 9 0.234– 22,980,000 – – – 22,980,000 12 0.260– 22,980,000 – – – 22,980,000 13 0.260– 34,470,000 – – – 34,470,000 14 0.260– 34,470,000 – – – 34,470,000 15 0.26010,250,000 125,400,000 (6,250,000 ) – (2,500,000 ) 126,900,000 40,000,000 – (40,000,000 ) – – – 1 0.066153,750,000 – (22,500,000 ) – – 131,250,000 2 0.06620,000,000 – – – – 20,000,000 6 0.340– 40,000,000 – – – 40,000,000 8 0.220– 3,000,000 – (1,500,000 ) – 1,500,000 9 0.234– 3,500,000 – – – 3,500,000 10 0.272– 10,000,000 – – – 10,000,000 11 0.260– 10,000,000 – – – 10,000,000 12 0.260– 10,000,000 – – – 10,000,000 13 0.260– 15,000,000 – – – 15,000,000 14 0.260– 15,000,000 – – – 15,000,000 15 0.260213,750,000 106,500,000 (62,500,000 ) (1,500,000 ) – 256,250,000224,000,000 260,400,000 (68,750,000 ) – (2,500,000 ) 413,150,000- 104 -


* **a 3,125,000 – – – 3,125,000 3 0.0663,125,000 – – – 3,125,000 4 0.066– 4,000,000 – – 4,000,000 5 0.346,250,000 4,000,000 – – 10,250,000 40,000,000 – – – 40,000,000 1 0.066153,750,000 – – – 153,750,000 2 0.066– 20,000,000 – – 20,000,000 6 0.34193,750,000 20,000,000 – – 213,750,000200,000,000 24,000,000 – – 224,000,000* 123456789101112131415- 105 -


(a)268115791012131415(b) 0.096 0.252 0.066 0.198 0.066 0.340 0.096(c)1,278833(%)62.09%76.78%()35(%)0.81%1.81%(%) 0%(%) 66.17%()1.51.8(%) 3.41%(%) 0%- 106 -


413,150,000224,000,00013.5%8.5%413,150,000224,000,000166,00089,60081,464,00021,270,00036. (i)(ii)(iii)(iv)10%50%(v)(vi)(vii)- 107 -


37. (a)811,962,0002475% 24,664 138,483 661,375 (12,560) 811,962 4,150 (757,451) 58,661 (69,407) (10,746 )- 108 -


151,427 152,429 1,094,116 19,107 251 – 18,673 18,673 31,397 31,397 32,566 32,566 95,096 95,096 113,915 113,915 3,057 3,057 9,192 9,192 (13,466) (13,466) (41,225) (41,225) (38,564) (38,564) (12,560) (12,560) (3,256) (3,256) (5,022) (5,022) (116,476) (116,476) (271,252) (2,500) (290,418) (223,230) 757,451 19,133 3,057 (24,664) (4,150) (25,757 )38,705,00011,883,000248,159,000115,371,000- 109 -


170,000,0001,723,000200,000,000200,000,00075%(i)(ii)69,407,0002410,746,000(b)960,00096% 960 (2,256) (1,296 )- 110 -


8,363 8,363 59 59 3,576 3,576 12 12 (50) (50) (6,710) (6,710) (2,900) (2,900) (94) (94) 2,256 2,256 12 (960) (948)24,000219,771,00022,549,000(c)13,000,00062% 13,000 8,363 (22,939) (1,576 )- 111 -


22 22 3,522 3,522 2,694 2,694 16,204 16,204 33,573 33,573 39,431 39,431 370 370 (737) (737) (5,185) (5,185) (21,000) (21,000) (45,000) (45,000) (955) (955) 22,939 22,939 370 (13,000) (12,630)38,907,00027,241,000240,614,00025,376,00038. (a)RuffyRuffyRuffy70,910,00080,488,000(b)39,489,000- 112 -


(c)33,330,000171,753,000(d)96,000,000756,900,000665,764,00037(a)69,407,00024(e)491,00039. (a) 1,392 2,026 508 1,8841,900 3,910- 113 -


– 1,574 – 9,200 – 8,299– 19,073(b) 1,429 1,429 48,965 57,22450,394 58,653(c)136,988,00035,212,00040. (a)13,000,00020,000,000(b)(i)(ii)20,000,000(iii)20,000,000- 114 -


41. (a) (i) 789 789 (ii) 120,416 55,334(i)(ii)(b) 2,599 2,189 481 311 28 243,108 2,524(c)40,000,00061,000,00030(d)40,274,0005,897,00087,019,00012,750,000TemmexCorporation30(e)159,989,000China Victory International Limited- 115 -


(f)55%82,500,00024,750,000(g)44,020,00050,000,000(h)40,0004%42. (a) 84,680 72,076 95,128 99,082 96,664 199,461 28,452 – – 22 21,140 94,126326,064 464,767 – 400326,064 465,167- 116 -


52,041 19,592 38,335 32,131 2,077 434 5,022 22,247 264,939 193,494 378,834 442,812741,248 710,710 – 29741,248 710,739(b)10%3,019,0006,524,00010%- 117 -


(c)1%159,000141,000(d)(e)– – 40(a)- 118 -


(f) 52,041 – – 52,041 38,335 – – 38,335 2,077 – – 2,077 5,022 – – 5,022 119,097 112,712 37,443 269,252 – – 544,138 544,138216,572 112,712 581,581 910,865 19,592 – – 19,592 32,131 – – 32,131 434 – – 434 22,247 – – 22,247 59,528 74,583 69,830 203,941 – – 665,764 665,764133,932 74,583 735,594 944,109 1 – – 1 (30) – – (30)(29 ) – – (29 )- 119 -


43. (i)(ii)(iii) 1,011,880 897,225 264,939 193,494 378,834 442,812643,773 636,306 1.57 1.41- 120 -


44. (a)Billion Prestige130,000,000(b)Callaway0.2465229,556,000Callaway0.2465229,556,00056,586,000(c)Ruffy0.25759,880,000Ruffy0.25759,880,00015,389,000(d)L & W Holdings LimitedDelta Glory Limited30,000,00015,000,00030,000,000- 121 -


3. 756,000,000a 334b 54,106 45,000b 41,115 5,000c 85,376c 5,022d 520,062756,015(a)318,000(b)(i)135,723,000(ii)1,073,308,000(iii)2,021,000(iv)3,501,000(v)(vi)Temmex Corporation- 122 -


(c)(d)563,549,00030,000,000520,062,000(i)(ii)20,000,000(iii)20,000,0004. 5. - 123 -


(1) 7.31(i)(ii)(iii) 1 2 (145,763) 5,257 (140,506)(4.76)(4.59)- 124 -


1. 4647663,814,0001,076,337,000251,000267,011,0002. 0.01717,000,0007,170,0006,282,0001,170,0001,025,0003. 3,061,447,0004. - 125 -


(2) 124125 0.26717,000,000(1)7.3177.31- 126 -


300 7.31(1)(a)(b)(c)7.31(1)108171704-05 416- 127 -


1. 2. 125,000,000,000 50,000,000.003,690,609,859 1,476,243.9436629,163,26930,000,000717,000,000186,420,0000.26- 128 -


(i)401,450,000401,450,000(ii)544,848,8250.22(iii)30,000,0000.2853. (a)XV(a)XV78(b)352(c)5.465.67- 129 -


(i) 1 458,144,014 12.41% 1,500,000 0.041%1Callaway Group LimitedCallaway Group Limited448,144,01410,000,000458,144,014458,144,014(ii) 10,000,000 0.27% 0.26 3,000,000 0.081% 0.26 1,500,000 0.041% 0.234 10,000,000 0.27% 0.26 11,500,000 4,000,000 0.11% 0.26 (a)XV78(b)352(c)5.465.47- 130 -


(b)XV23XV2310% Callaway Group Limited 1 448,144,014 12.14%1 458,144,014 12.41%Ruffy Investments Limited 2 2,455,111,359 66.52%2 2,455,111,359 66.52%3 61,050,000 1.65%2,516,161,359 68.17%1. Callaway Group LimitedCallaway Group Limited448,144,01410,000,000458,144,014458,144,0142. 0.222,009,743,826442,143,641.72435,367,533Ruffy Investments Limited3. 56,050,0005,000,000XV2310%- 131 -


4. 10,000(a) 0.298 * 0.254 * 0.325 * 0.250 * 0.310 0.255 0.295 0.205 0.280 0.228 0.270 0.255 0.305 0.250 0.280 0.250 0.305 0.270 0.355 0.280 0.280 0.226 0.270 0.230 0.248 0.237* (b) 0.237(c) 874,675,000.005. - 132 -


6. 7. 20,000,0008. 9. - 133 -


10. 1,170,00011. (a)(b)16%(c)16%192,000,000(d)L & W Holding LimitedL & W Holding Limited1%15,000,00015,000,000(e)Delta Glory LimitedDelta Glory Limited1%15,000,00015,000,000- 134 -


(f)Ruffy Investments LimitedPeace Town Securities LimitedPeacetown(a)Peacetown0.25759,880,000Ruffy Investments Limited(b)Ruffy Investments Limited0.257Peacetown(g)Callaway Group LimitedPeacetown(a)Peacetown0.2465229,556,000Callaway Group Limited(b)Callaway GroupLimited0.2465Peacetown(h)Billion Prestige LimitedZhong YuntengBillion Prestige Limited147,567,631130,000,000(i)55%61.67%82,500,000(j)Daren Investments LimitedDaren Investments Limited0.2659,620,000(k)Ace Ocean Group LimitedAce Ocean Group Limited0.2657,687,500(l)Yang Ying50,000,000- 135 -


(m)Ruffy Investments LimitedRuffy InvestmentsLimitedRuffy Investments Limited RuffyInvestments Limited1,954,56078,533,015(n)96%65%13,000,000(o)96%960,000(p)50,000,00012. 44A44B- 136 -


13. 342C14. 15. (a)1,170,000(b)Peacetown314,000(c)(d)- 137 -


(e)(f)16. 108170704-05(a)(b)(c)(d)(e)(f)(g)- 138 -

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