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Notes:

  • (1)

    The number of shares disclosed was based on the latest Disclosure of Interest Form received from HSBC International Trustee Limited (HITL). According to the disclosures made by the Directors of the Company:

    • (i)

      205,831,599 shares representing 33.04% of the issued share capital of the Company were held in the name of HITL as a trustee a discretionary trust, of which Dr. Lo Ka Shui, Mr. Lo Kai Shui, Madam Lo To Lee Kwan, Mr. Lo Hong Sui, Antony, Madam Law Wai Duen, Mr. Lo Hong Sui, Vincent and Dr. Lo Ying Sui, Archie, all being directors of the Company, are beneficiaries; and

    • (ii)

      73,540,895 shares representing 11.80% of the issued share capital of the Company were held in the name of HITL as a trustee of another discretionary trust, of which Dr. Lo Ka Shui is the Founder.

  • (2)

    Powermax Agents Limited is wholly-owned by HITL in the capacity of a trustee of a discretionary trust and the said 152,677,859 shares held by it

are among the shares referred to in Note (1)(i) above.

(3) Surewit Finance Limited is wholly-owned by HITL in the capacity of a trustee of a discretionary trust and the said 43,235,142 shares held by it are among the shares referred to in Note (1)(ii) above.

  • (4)

    Adscan Holdings Limited is a company wholly-owned by Dr. Lo Ying Sui, Archie, who is also a director of this company.

  • (5)

    This percentage has been compiled based on the total number of shares of the Company in issue as at 31 December 2010 of 622,809,374

shares and rounded down to 2 decimal places.

Save as disclosed above, as at 31 December 2010, no person (other than Directors of the Company whose interests in shares, underlying shares and debentures of the Company are set out on pages 53 and 55 of this Annual Report) was interested (or deemed to be interested) or held any short positions in the shares or underlying shares of the Company which would fall to be disclosed to the Company under the provisions of Divisions 2 and 3 of Part XV of the SFO, or which were recorded in the register required to be kept by the Company under Section 336 of the SFO.

Arrangements to Acquire Shares or Debentures

Save and except the 1999 Share Option Scheme and 2009 Share Option Scheme established by the Company as disclosed under section headed Share Option Schemeson pages 59 to 62 of this Annual Report, at no time during the year was the Company or any of its subsidiaries a party to any arrangements to enable the Directors of the Company to acquire benefits by means of the acquisition of shares in, or debentures of, the Company or any other body corporate.

Pre-emptive Rights

There are no provisions for pre-emptive rights under the Companys Bye-laws or the laws of Bermuda which would oblige the Company to offer new shares on a pro-rata basis to existing shareholders.

Major Customers and Suppliers

During the year, the sales and purchases attributable to the Groups five largest customers and suppliers were less than 30% of the Groups total sales and purchases respectively.

Annual Report 2010

63

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