I Want A Piece of Alibaba's IPO 23 comments
-
Font Size:
-
Print
- TweetThis
The first time I heard that Alibaba.com
was planning for an initial share sale was in 2005 when
Baidu.com went public. Since then, I have been following news about
Alibaba.com’s IPO with a lot of interest, because I
knew I wanted a piece of it (maybe I should have bought some BIDU given
the price of that stock today).
Early this month, Alibaba.com won regulatory approval to list shares on Hong Kong Stock Exchange and last week, the IPO date was finally settled on November 6th, under symbol 1688.HK. According to latest reports, Alibaba.com has just revised its price range from $HK10.00 - HK$12.00 to HK$12 to HK$13.50 a share due to strong demands. The IPO could bring Alibaba an estimated $1.5B, the second largest internet IPO in history only after Google’s $1.67 debut.
Alibaba.com is a e-commerce website that provides small buyers and suppliers sales leads from China and overseas for online trading. Currently, its online marketplaces have more than 24 million registered members.According to Bloomberg.com, Alibaba’s IPO will value the company at 54 times its estimated 2008 profit. For 2007, Alibaba.com forecasts $83M in revenues, nearly doubling the earnings from the previous year. Currently, Aliabab.com dominates a Chinese B2B market with a 69% share. Its closest rival, Global Sources, has 8.4% market share and is traded at 33 times estimated 2008 earning.
Two months ago, I opened a Global Trading Account at E-Trade. The main reason for having such an account is to trade mainland Chinese stocks that are only listed on HKSE. I have bought one stock already (Industrial & Commercial Bank of China (ICBC), purchased at HK$5.00, now traded around HK$6.50) and Alibaba.com’s IPO will be my next bet. To get myself ready for the IPO, I transferred $7,000 to my E-Trade account and hopefully I could buy about 2,000 to 3,000 shares when the stock begins trading on November 6. In the past, I have bought several Chinese IPO stocks on or a little after their IPOs on the secondary markets. There were some successes (LFC and EJ) and failures (GRRF and XFML).
The reason I like Alibaba.com is its dominant position in the e-commerce business in China and growth potentials. And from what I have seen, going with the leaders is always profitable.
Following are some recent reports on Alibaba and its IPO:
- Oriental Morning Post (in Chinese)
- Financial Times
- Bloomberg.com
Related Articles
|
-
The Seeking Alpha 100
See allThe top 100 stock
market authors
selected for publication
Seeking Alpha 100 » -
Fastest Climbers
Authors with the largestSee all
increase in followers
in the last 7 days
Fastest Climbers » -
Top Commenters
Top commenters,See all
as ranked by their peers
Top Commenters » -
Top Instabloggers
The 100 most active
Instabloggers.-
1
David Fry
-
2
TraderMark
-
3
Don Dion
-
4
Cliff Wachtel
-
5
Mike Havrilla
Top Instabloggers » -
1
-
Top StockTalkers
TopSee all
StockTalkers.
Top StockTalkers »
This article has 23 comments:
Thanks a million.
Valerie
valeriebdz@yahoo.com
If you know of another way, I would really appreciate an email from you as the potential growth for alibaba is interesting.
s@kabara.com
Thanks
If you know of another way, I would really appreciate an email from you as the potential growth for alibaba is interesting.
s@kabara.com
Thanks
Fly to HK and open an an internet banking account with HSBC or any bank that offers similar service
have a friend open an account for you or let you use their account
Send me your cash and I will buy them for you ha haha
no seriously the application period for this stock started a few days ago and is without a doubt already oversubscribed many times over
stockexchanges in the very near future?
Thanks,
Valerie
Thanks for sharing the above. I also followed alibaba.com news. I transfered funds to e-trade.com in order to purchase the stock for nov 6th; yet e-trade stated that they do not trade ipos initially on secondary market. The large brokers cater to millionares, thus how does a small fish purschase this stock on Nov 6th?
Diego
Diego
Banff, Alberta
Alberta
Diego
I. METHODS OF APPLYING FOR THE HONG KONG OFFER SHARES
There are three ways to make an application for the Hong Kong Offer Shares. You may apply for
the Hong Kong Offer Shares by either (i) using a WHITE or YELLOW Application Form; (ii) applying
online through the designated website of the White Form eIPO Service Provider, referred herein as the
“White Form eIPO service”, or (iii) by giving electronic application instructions to HKSCC to cause
HKSCC Nominees to apply for the Hong Kong Offer Shares on your behalf. Except where you are a
nominee and provide the required information in your application, you or you and your joint
applicant(s) may not make more than one application (whether individually or jointly) by applying using
a WHITE or YELLOW Application Form or applying online through White Form eIPO service or by
giving electronic application instructions to HKSCC.
II. WHO CAN APPLY FOR HONG KONG OFFER SHARES
You can apply for the Hong Kong Offer Shares available for subscription by the public on a
WHITE or YELLOW Application Form if you or any person(s) for whose benefit you are applying, are
an individual, and:
Š are 18 years of age or older;
Š have a Hong Kong address;
Š are not a U.S. person (as defined in Regulation S);
Š are outside the United States; and
Š are not a legal or natural person of the PRC (except qualified domestic institutional
investors).
If you wish to apply for Hong Kong Offer Shares online through the White Form eIPO service, in
addition to the above you must also:
Š have a valid Hong Kong identity card number, and
Š be willing to provide a valid e-mail address and a contact telephone number.
You may only apply by means of the White Form eIPO service if you are an individual applicant.
Corporations or joint applicants may not apply by means of White Form eIPO.
If the applicant is a firm, the application must be in the names of the individual members, not the
firm’s name. If the applicant is a body corporate, the application form must be signed by a duly
authorized officer, who must state his or her representative capacity.
If an application is made by a person duly authorized under a valid power of attorney, the Joint
Bookrunners (or their respective agents or nominees) may accept it at their discretion, and subject to
any conditions they think fit, including production of evidence of the authority of the attorney.
The number of joint applicants may not exceed four.
We, the Joint Bookrunners or the designated White Form eIPO Service Provider (where
applicable) or our or their respective agents have full discretion to reject or accept any application, in
full or in part, without assigning any reason.
The Hong Kong Offer Shares are not available to existing beneficial owners of Shares, or
Directors or chief executives of our company or any of our subsidiaries, or their respective associates
— 209—
HOW TO APPLY FOR HONG KONG OFFER SHARES
(as defined in the Listing Rules) or any other connected persons (as defined in the Listing Rules) of our
company or our subsidiaries.
You may apply for Hong Kong Offer Shares under the Hong Kong Offer or indicate an interest for
International Offer Shares under the International Offering, but may not do both.
III. APPLYING BY USING A WHITE OR YELLOW APPLICATION FORM
1. Which Application Form to use
(a) Use a WHITE Application Form if you want the Shares issued in your own name.
(b) Use a YELLOW Application Form if you want the Shares issued in the name of HKSCC
Nominees and deposited directly into CCASS for credit to your CCASS Investor Participant
stock account or your designated CCASS Participant’s stock account.
Note: The Offer Shares are not available to existing beneficial owners of Shares in our company, the Directors or chief
executive of our company or any of our subsidiaries, or associates of any of them.
2. Where to collect the WHITE and YELLOW Application Forms
You can collect a WHITE Application Form and a prospectus from:
any of the following addresses of the Hong Kong Underwriters:
Goldman Sachs (Asia) L.L.C. 68th Floor
Cheung Kong Center
2 Queen’s Road Central
Hong Kong
Morgan Stanley Asia Limited 30th Floor
Three Exchange Square
Central
Hong Kong
Deutsche Bank AG, Hong Kong Branch 48th Floor
Cheung Kong Center
2 Queen’s Road Central
Hong Kong
BNP Paribas Capital (Asia Pacific) Limited 63/F
Two International Finance Centre
8 Finance Street
Central
Hong Kong
BOCI Asia Limited 26th Floor
Bank of China Tower
1 Garden Road
Central
Hong Kong
CCB International Capital Limited Suites 2815-21
28/F Two Pacific Place
88 Queensway
Admiralty
Hong Kong
UOB Kay Hian (Hong Kong) Limited 15/F
Aon China Building
29 Queen’s Road Central
Hong Kong
— 210—
HOW TO APPLY FOR HONG KONG OFFER SHARES
or any of the following branches of The Hongkong and Shanghai Banking Corporation Limited:
Hong Kong Island: Hong Kong Office 1 Queen’s Road Central,
Hong Kong
Cityplaza Branch Unit 065, Cityplaza, 1,
Taikoo Shing, Hong Kong
The Westwood Branch LG01-3, LG Floor, The
Westwood, 8 Belcher’s Street,
Hong Kong
Causeway Bay Branch 1/F, Causeway Bay Plaza 2,
463-483 Lockhart Road,
Hong Kong
Hay Wah Building Branch G/F, Hay Wah Building,
71-85B Hennessy Road,
Wanchai, Hong Kong
Kowloon: Mongkok Branch 673 Nathan Road,
Mongkok, Kowloon
Kwun Tong Branch No. 1, Yue Man Square,
Kwun Tong, Kowloon
Tsim Sha Tsui Branch 82-84 Nathan Road,
Tsim Sha Tsui, Kowloon
Kowloon City Branch 1/F, 18 Fuk Lo Tsun Road,
Kowloon City, Kowloon
Whampoa Garden Branch Shop No. G6 & 6A, G/F, Site 4,
Whampoa Garden, Kowloon
Telford Gardens Branch Shop Unit P16, Blk G,
Telford Plaza 1,
Kowloon Bay, Kowloon
New Territories: Citylink Plaza Branch Shops 38-46, Citylink Plaza,
Shatin Station Circuit, Shatin,
New Territories
or any of the following branches of Bank of China (Hong Kong) Limited:
Hong Kong Island: Bank of China Tower Branch 3/F, 1 Garden Road, Central,
Hong Kong
Central District (Wing On House)
Branch
71 Des Voeux Road Central,
Hong Kong
North Point (Kiu Fai Mansion)
Branch
413-415 King’s Road, North
Point, Hong Kong
Aberdeen Branch 25 Wu Pak Street, Aberdeen,
Hong Kong
— 211—
HOW TO APPLY FOR HONG KONG OFFER SHARES
Kowloon: Tsim Sha Tsui East Branch Shop G02-03, Inter-
Continental Plaza, 94 Granville
Road, Tsim Sha Tsui, Kowloon
Yau Ma Tei Branch 471 Nathan Road, Yau Ma Tei,
Kowloon
Diamond Hill Branch G107, Plaza Hollywood,
Diamond Hill, Kowloon
Kwun Tong Branch 20-24 Yue Man Square, Kwun
Tong, Kowloon
Mongkok Branch 589 Nathan Road, Mongkok,
Kowloon
New Territories: Lucky Plaza Branch Lucky Plaza, Wang Pok Street,
Shatin, New Territories
Castle Peak Road (Tsuen Wan)
Wealth Management Centre
167 Castle Peak Road, Tsuen
Wan, New Territories
Tuen Mun Town Plaza Branch Shop 2, Tuen Mun Town Plaza
Phase II, New Territories
or any of the following branches of Bank of Communications Co., Ltd. Hong Kong Branch:
Hong Kong Island: Hong Kong Branch 20 Pedder Street, Central,
Hong Kong
Central District Sub-Branch G/F, 123-125A Des Voeux
Road, Central, Hong Kong
King’s Road Sub-Branch 67-71 King’s Road, North
Point, Hong Kong
Quarry Bay Sub-Branch C-D, 981 King’s Road,
Quarry Bay, Hong Kong
Kowloon: Kowloon Sub-Branch 563 Nathan Road, Kowloon
Wong Tai Sin Sub-Branch Shops 127-129, 1/F Lung
Cheung Mall, 136 Lung
Cheung Road, Wong Tai Sin,
Kowloon
Cheung Sha Wan Plaza Sub-
Branch
Unit G04, Cheung Sha Wan
Plaza, 833 Cheung Sha Wan
Road, Kowloon
New Territories: Tseung Kwan O Sub-Branch Shops 253-255, Metro City
Shopping Arcade, Phase I,
Tseung Kwan O, New
Territories
Yuen Long Sub-Branch Man Yu Building, 2 Tai Fung
Street, Yuen Long,
New Territories
Sheung Shui Sub-Branch Shops 1010-1014, G/F,
Sheung Shui Centre Shopping
Arcade, Sheung Shui,
New Territories
— 212—
HOW TO APPLY FOR HONG KONG OFFER SHARES
or any of the following branches of Industrial and Commercial Bank of China (Asia) Limited:
Hong Kong Island: Queen’s Road Central Branch 122-126 Queen’s Road
Central, Hong Kong
Wanchai Branch 117-123 Hennessy Road,
Wanchai, Hong Kong
Kowloon: Prince Edward Branch 777 Nathan Road, Mongkok,
Kowloon
Mei Foo Branch Shop N95A, 1/F, Mount
Sterling Mall, Mei Foo Sun
Chuen, Kowloon
New Territories: Kwai Fong Branch C63A-C66, 2/F, Kwai Chung
Plaza, Kwai Fong,
New Territories
Sha Tsui Road Branch Shop 4, G/F, Chung On
Building, 297-313 Sha Tsui
Road, Tsuen Wan,
New Territories
You can collect a YELLOW Application Form and a prospectus during normal business hours
from 9:00 a.m. on Tuesday, October 23, 2007 till 12:00 noon on Friday, October 26, 2007 from:
the Depository Counter of HKSCC at 2nd Floor, Vicwood Plaza, 199 Des Voeux Road Central,
Hong Kong; or
Your stockbroker, who may have such Application Forms and this prospectus available.
HOW TO COMPLETE THE WHITE AND YELLOW APPLICATION FORMS
There are detailed instructions on each Application Form. You should read these instructions
carefully. If you do not follow the instructions your application may be rejected and returned by
ordinary post together with the accompanying cheque(s) or banker’s cashier order(s) to you (or the
first-named applicant in the case of joint applicants) at your own risk at the address stated in the
Application Form.
You should note that by completing and submitting the WHITE or YELLOW Application Form,
among other things:
(i) you agree with our company and each of our Shareholders, and our company agrees with
each of our Shareholders, to observe and comply with the Cayman Companies Law, the
Hong Kong Companies Ordinance, the Memorandum of Association and the Articles of
Association;
(ii) you confirm that you have only relied on the information and representations contained in
this prospectus in making your application and will not rely on any other information or
representations save as set out in any supplement to this prospectus;
(iii) you agree that none of our company, the Joint Bookrunners, the Underwriters, their
respective directors, officers, employees, partners, agents, advisors and any other parties
— 213—
HOW TO APPLY FOR HONG KONG OFFER SHARES
involved in the Global Offering is or will be liable for any information and representations not
contained in this prospectus (and any supplement thereto);
(iv) you undertake and confirm that you (if the application is made for your benefit) or the
person(s) for whose benefit you have made the application have not applied for or taken up,
or indicated an interest for, and will not apply for or take up, or indicate an interest for, any
International Offering Shares nor otherwise participated in the International Offering; and
(v) you agree to disclose to our company, and/or our registrar, receiving bankers, the Joint
Bookrunners, the Underwriters and their respective advisors and agents any personal data
which they require about you and the person(s) for whose benefit you have made the
application.
In order for the YELLOW Application Forms to be valid:
(i) If the application is made through a designated CCASS Participant (other than a
CCASS Investor Participant):
(a) the designated CCASS Participant or its authorized signatories must sign in the
appropriate box in the Application Form; and
(b) the designated CCASS Participant must endorse the form with its company chop
(bearing its company name) and insert its participant I.D. in the appropriate box in the
Application Form.
(ii) If the application is made by an individual CCASS Investor Participant:
(a) the Application Form must contain the CCASS Investor Participant’s name and Hong
Kong Identity Card Number; and
(b) the CCASS Investor Participant must insert its participant I.D. and sign in the
appropriate box in the Application Form.
(iii) If the application is made by a joint individual CCASS Investor Participant:
(a) the Application Form must contain all joint CCASS Investor Participants’ names and the
Hong Kong Identity Card Number of all joint CCASS Investor Participants; and
(b) the participant I.D. must be inserted and the authorized signatory(ies) of the CCASS
Investor Participant’s stock account must sign in the appropriate box in the Application
Form.
(iv) If the application is made by a corporate CCASS Investor Participant:
(a) the Application Form must contain the CCASS Investor Participant’s name and Hong
Kong Business Registration number; and
(b) the participant I.D. and company chop (bearing its company name) endorsed by its
authorized signatory(ies) must be inserted in the appropriate box in the Application
Form.
Signature(s), number of signatories and form of company chop, where appropriate, should match
the records kept by HKSCC. Incorrect or incomplete details of the CCASS Participant or the omission
or inadequacy of authorized signatory(ies) (if applicable), participant I.D. or other similar matters may
render the application invalid.
— 214—
HOW TO APPLY FOR HONG KONG OFFER SHARES
If your application is made through a duly authorized attorney, we and the Joint Bookrunners, the
Underwriters and their respective agents or nominees as our agents may accept it at our discretion,
and subject to any conditions we think fit, including evidence of the authority of your attorney. We and
the Joint Bookrunners, in their capacity as our agents, will have full discretion to reject or accept any
application, in full or in part, without assigning any reason.
IV. APPLYING THROUGH WHITE FORM eIPO
General
(i) You may apply through White Form eIPO by submitting an application through the
designated website at eipo.com.hk if you satisfy the relevant eligibility criteria for this
as set out in “II. WHO CAN APPLY FOR HONG KONG OFFER SHARES” and on the same
website. If you apply through White Form eIPO, the Shares will be issued in your own
name.
(ii) Detailed instructions for application through the White Form eIPO service are set out on the
designated website at eipo.com.hk. You should read these instructions carefully. If
you do not follow the instructions, your application may be rejected by the designated White
Form eIPO Service Provider and may not be submitted to our Company.
(iii) If you give electronic application instructions through the designated website at
eipo.com.hk, you will have authorized the designated White Form eIPO Service
Provider to apply on the terms and conditions set out in this prospectus, as supplemented
and amended by the terms and conditions applicable to the White Form eIPO service.
(iv) In addition to the terms and conditions set out in this prospectus, the designated White
Form eIPO Service Provider may impose additional terms and conditions upon you for the
use of the White Form eIPO service. Such terms and conditions are set out on the
designated website at eipo.com.hk. You will be required to read, understand and
agree to such terms and conditions in full prior to making any application.
(v) By submitting an application to the designated White Form eIPO Service Provider through
the White Form eIPO service, you are deemed to have authorized the designated White
Form eIPO Service Provider to transfer the details of your application to our Company and
our registrars.
(vi) You may submit an application through the White Form eIPO service in respect of a
minimum of 500 Hong Kong Offer Shares. Each electronic application instruction in respect
of more than 500 Hong Kong Offer Shares must be in one of the numbers set out in the
table in the Application Forms, or as otherwise specified on the designated website at
eipo.com.hk.
(vii) You may submit your application to the designated White Form eIPO Service Provider
through the designated website eipo.com.hk from 9:00 a.m. on Tuesday, October 23,
2007 until 11:30 a.m. on Friday, October 26, 2007 or such later time as described under the
sub-paragraph headed “Effects of bad weather on the opening of the application lists”
below (24 hours daily, except on the last application day). The latest time for completing full
payment of application monies in respect of such applications will be 12:00 noon on Friday,
October 26, 2007, the last application day, or, if the application lists are not open on that
day, then by the time and date stated in the subparagraph headed “Effects of bad weather
on the opening of the application lists’ below.
You will not be permitted to submit your application to the designated White Form eIPO
Service Provider through the designated website at eipo.com.hk after 11:30 a.m. on
the last day for submitting applications. If you have already submitted your application and
obtained an application reference number from the website prior to 11:30 a.m., you will be
permitted to continue the application process (by completing payment of application
— 215—
HOW TO APPLY FOR HONG KONG OFFER SHARES
monies) until 12:00 noon on the last day for submitting applications, when the application
lists close.
(viii) You should make payment for your application made by White Form eIPO service in
accordance with the methods and instructions set out in the designated website at
eipo.com.hk. If you do not make complete payment of the application monies
(including any related fees) on or before 12:00 noon on Friday, October 26, 2007, or
such later time as described under the paragraph headed “Effects of bad weather
conditions on the opening of the application lists” below, the designated White Form
eIPO Service Provider will reject your application and your application monies will be
returned to you in the manner described in the designated website at
eipo.com.hk.
(ix) Once you have completed payment in respect of any electronic application instruction
given by you or for your benefit to the designated White Form eIPO Service Provider to
make an application for Hong Kong Offer Shares, an actual application shall be deemed to
have been made. For the avoidance of doubt, giving an electronic application instruction
under White Form eIPO more than once and obtaining different application reference
numbers without effecting full payment in respect of a particular application reference
number will not constitute an actual application.
(x) Warning: The application for Hong Kong Offer Shares through the White Form eIPO
service is only a facility provided by the designated White Form eIPO Service Provider to
public investors. Our Company, our directors, the Joint Bookrunners and the
Underwriters take no responsibility for such applications, and provide no assurance
that applications through the White Form eIPO service will be submitted to our
Company or that you will be allotted any Hong Kong Offer Shares.
Please note that Internet services may have capacity limitations and/or be subject to
service interruptions from time to time. To ensure that you can submit your applications
through the White Form eIPO service, you are advised not to wait until the last day for
submitting applications in the Hong Kong Public Offering to submit your electronic application
instructions. In the event that you have problems connecting to the designated website for the White
Form eIPO service, you should submit a WHITE Application Form. However, once you have
submitted electronic application instructions and completed payment in full using the application
reference number provided to you on the designated website, you will be deemed to have made an
actual application and should not submit a WHITE or YELLOW Application Form.
Conditions of the White Form eIPO service
In using the White Form eIPO service to apply for the Hong Kong Offer Shares, the applicant shall
be deemed to have accepted the following conditions:
That the applicant:
Š Applies for the desired number of Hong Kong Offer Shares on the terms and conditions of
our Prospectus and the White Form eIPO designated website at eipo.com.hk subject
to the Articles of Association of our company;
Š Undertakes and agrees to accept the Hong Kong Offer Shares applied for, or any lesser
number allotted to the applicant on such application;
Š Declares that this is the only application made and the only application intended by the
applicant to be made whether on a WHITE or YELLOW Application Form or by giving
electronic application instruction to HKSCC or to the White Form eIPO Service Provider
under the White Form eIPO service, to benefit the applicant or the person for whose benefit
the applicant is applying;
— 216—
HOW TO APPLY FOR HONG KONG OFFER SHARES
Š Undertakes and confirms that the applicant and the person for whose benefit the applicant
are applying have not applied for or taken up, or indicated an interest for, or received or been
placed or allocated (including conditionally and/or provisionally) and will not apply for or take
up, or indicate an interest for, any Offer Shares under the International Offering, nor
otherwise participate in the International Offering;
Š Understands that this declaration and representation will be replied upon by our company in
deciding whether or not to make any allotment of Hong Kong Offer Shares in response to
such application;
Š Authorizes our company to place the applicant’s name on the register of members of our
company as the holder of any Hong Kong Offer Shares to be allotted to the applicant, and
(subject to the terms and conditions set out in this prospectus) to send any share certificates
and/or any refund cheque(s) by ordinary post at the applicant’s own risk to the address given
on the White Form eIPO application except where the applicant has applied for 1,000,000 or
more Hong Kong Offer Shares and that applicant collects any share certificate(s) and/or
refund cheque(s) in person in accordance with the procedures prescribed in the White Form
eIPO designated website at eipo.com.hk and this prospectus;
Š Requests that any refund cheque(s) be made payable to the applicant; and (subject to the
terms and conditions set out in this prospectus) to send any refund cheques by ordinary
post and at the applicant’s own risk to the address given on the White Form eIPO application
(except where the applicant has applied for 1,000,000 or more Hong Kong Offer Shares and
collects any refund cheque(s) in person in accordance with the procedures prescribed in the
White Form eIPO designated website at eipo.com.hk and the Prospectus);
Š Has read the terms and conditions and application procedures set out on the White Form
eIPO designated website at eipo.com.hk and the Prospectus and agrees to be bound
by them.
Š Represents, warrants and undertakes that the applicant, and any persons for whose
benefit the applicant are applying are non-U.S. person(s) outside the United States (as
defined in Regulation S under the U.S. Securities Act of 1933 as amended), when completing
and submitting this Application Form or is a person described in paragraph (h)(3) of Rule 902
of Regulation S under the U.S. Securities Act of 1933, as amended or the allotment of or
application for the Hong Kong Offer Shares to or by whom or for whose benefit this
application is made would not require the Company to comply with any requirements under
any law or regulation (whether nor not having the force of law) of any territory outside Hong
Kong; and
Š Agrees that such application, any acceptance of it and the resulting contract, will be
governed by and construed in accordance with the laws of Hong Kong.
Supplemental Information
If any supplement to this prospectus is issued, applicant(s) who have already submitted an
electronic application instruction through the White Form eIPO service may or may not (depending on
the information contained in the supplement) be notified that they can withdraw their applications. If
applicant(s) have not been so notified, or if applicant(s) have been notified but have not withdrawn
their applications in accordance with the procedure to be notified, all applications through the White
Form eIPO service that have been submitted remain valid and may be accepted. Subject to the above
and below, an application once made through the White Form eIPO service is irrevocable and
applicants shall be deemed to have applied on the basis of this prospectus as supplemented.
— 217—
HOW TO APPLY FOR HONG KONG OFFER SHARES
Effect of completing and submitting an application through the White Form eIPO service
By completing and submitting an application through the White Form eIPO service, you for
yourself or as agent or nominee and on behalf of any person for whom you act as agent or nominee
shall be deemed to:
Š instruct and authorise our company, the Joint Bookrunners as agent for our company (or
their respective agents or nominees) to do on your behalf all things necessary to register any
Hong Kong Offer Shares allotted to you in your name as required by the Articles of
Association and otherwise to give effect to the arrangements described in this prospectus
and the White Form eIPO designated website at eipo.com.hk;
Š confirm that you have only relied on the information and representations in this prospectus in
making your application and will not rely on any other information and representations save
as set out in any supplement to this prospectus;
Š agree that our company and the directors, are liable only for the information and
representations contained in this prospectus and any supplement thereto;
Š agree (without prejudice to any other rights which you may have) that once your application
has been accepted, you may not rescind it because of an innocent misrepresentation;
Š (if the application is made for your own benefit) warrant that this is the only application which
will be made for your benefit on a WHITE or YELLOW Application Form or by giving
electronic application instructions to HKSCC or to the White Form eIPO Service Provider via
the White Form eIPO service;
Š (if you are an agent for another person) warrant reasonable enquiries have been made of that
other person that this is the only application which will be made for the benefit of that other
person on a WHITE or YELLOW Application Form or by giving electronic application
instructions to HKSCC or to the White Form eIPO Service Provider via the White Form eIPO
service, and that you are duly authorized to submit the application as that other person’s
agent;
Š undertake and confirm that, you (if the application is made for your benefit) or the person(s)
for whose benefit you have made this application have not applied for or taken up, or
indicated an interest for, and will not apply for, take up or indicate an interest for, any Offer
Shares under the International Offering;
Š agree that your application, any acceptance of it and the resulting contract will be governed
by and construed in accordance with the laws of Hong Kong;
Š agree to disclose to our company, and/or its registrar, receiving bankers, the Joint
Bookrunners and their respective advisors and agents personal data and any information
which they require about you or the person(s) for whose benefit you have made this
application;
Š agree with our company and each shareholder of our company, and our company agrees
with each of its shareholders, to observe and comply with the Hong Kong Companies
Ordinance, the Cayman Companies Law, the Memorandum of Association and the Articles of
Association;
Š agree with our company and each shareholder of our company that the Shares in our
company are freely transferable by the holders thereof;
Š authorize our company to enter into a contract on your behalf with each of our director and
our officer whereby each such director and officer undertakes to observe and comply with
his or her obligations to shareholders as stipulated in the Memorandum and Articles of
Association;
— 218—
HOW TO APPLY FOR HONG KONG OFFER SHARES
Š represent, warrant and undertake that you are not, and none of the other person(s) for whose
benefit you are applying, is a U.S. person (as defined in Regulation S);
Š represent and warrant that you understand that the Shares have not been and will not be
registered under the U.S. Securities Act and you are outside the United States (as defined in
Regulation S) when completing the Application Form or are a person described in paragraph
(h)(3) of Rule 902 of Regulation S;
Š confirm that you have read the terms and conditions and application procedures set out in
this prospectus and the White Form eIPO designated website at eipo.com.hk and
agree to be bound by them;
Š undertake and agree to accept the Shares applied for, or any lesser number allocated to you
under your application; and
Š if the laws of any place outside Hong Kong are applicable to your application, agree and
warrant that you have complied with all such laws and none of the Company, the Joint
Bookrunners and the Hong Kong Underwriters nor any of their respective officers or advisors
will infringe any laws outside Hong Kong as a result of the acceptance of your offer to
purchase, or any actions arising from your rights and obligations under the terms and
conditions contained in this prospectus and the White Form eIPO designated website at
eipo.com.hk.
The Company, the Joint Bookrunners, the Underwriters and their respective directors, officers,
employees, partners, agents, advisors, and any other parties involved in the Global Offering are
entitled to rely on any warranty, representation or declaration made by you in such application.
Power of attorney
If your application is made by a duly authorised attorney, our company or the Joint Bookrunners,
as its agents, may accept it at their discretion and subject to any conditions as any of them may think
fit, including evidence of the authority of your attorney.
Additional Information
For the purposes of allocating Hong Kong Offer Shares, each applicant giving electronic
application instructions through White Form eIPO service to the White Form elPO Service Provider
through the designated website at eipo.com.hk will be treated as an applicant.
If your payment of application monies is insufficient, or in excess of the required amount, having
regard to the number of Hong Kong Offer Shares for which you have applied, or if your application is
otherwise rejected by the designated White Form eIPO Service Provider, the designated White Form
elPO Service Provider may adopt alternative arrangements for the refund of monies to you. Please
refer to the additional information provided by the designated White Form eIPO Service Provider on
the designated website at eipo.com.hk.
Otherwise, any monies payable to you due to a refund for any of the reasons set out below in
“Despatch/Collection of Share Certificates and Refunds of Cheques”.
V. APPLYING BY GIVING ELECTRONIC APPLICATION INSTRUCTIONS TO HKSCC
General
CCASS Participants may give electronic application instructions to HKSCC to apply for the
Hong Kong Offer Shares and to arrange payment of the monies due on application and payment of
refunds. This will be in accordance with their participant agreements with HKSCC and the General
Rules of CCASS and the CCASS Operational Procedures.
— 219—
HOW TO APPLY FOR HONG KONG OFFER SHARES
If you are a CCASS Investor Participant, you may give electronic application instructions
through the CCASS Phone System by calling 2979-7888 or through the CCASS Internet System
(https://ip.ccass.com) (using the procedures contained in HKSCC’s “An Operating Guide for
Investor Participants” in effect from time to time).
HKSCC can also input electronic application instructions for you if you go to:
Hong Kong Securities Clearing Company Limited
Customer Service Center
2/F., Vicwood Plaza
199 Des Voeux Road Central
Hong Kong
and complete an input request form.
Prospectuses are available for collection from the above address.
If you are not a CCASS Investor Participant, you may instruct your broker or custodian who is a
CCASS Broker Participant or a CCASS Custodian Participant to give electronic application
instructions via CCASS terminals to apply for the Hong Kong Offer Shares on your behalf.
You are deemed to have authorized HKSCC and/or HKSCC Nominees to transfer the details of
your application, whether submitted by you or through your broker or custodian, to our company and
our registrar.
Giving Electronic application instructions to HKSCC to Apply for Hong Kong Offer Shares by
HKSCC Nominees On Your Behalf
Where a WHITE Application Form is signed by HKSCC Nominees on behalf of persons who have
given electronic application instructions to apply for the Hong Kong Offer Shares:
(i) HKSCC Nominees is only acting as a nominee for those persons and shall not be liable for
any breach of the terms and conditions of the WHITE Application Form or this prospectus;
(ii) HKSCC Nominees does the following things on behalf of each such person:
Š agrees that the Hong Kong Offer Shares to be allotted shall be issued in the name of
HKSCC Nominees and deposited directly into CCASS for the credit of the stock account
of the CCASS Participant who has inputted electronic application instructions on that
person’s behalf or that person’s CCASS Investor Participant stock account;
Š undertakes and agrees to accept the Hong Kong Offer Shares in respect of which that
person has given electronic application instructions or any lesser number;
Š undertakes and confirms that that person has not indicated an interest for, applied for or
taken up or indicated an interest for, any Shares under the International Offering nor
otherwise participated in the International Offering;
Š (if the electronic application instructions are given for that person’s own benefit)
declares that only one set of electronic application instructions has been given for
that person’s benefit;
Š (if that person is an agent for another person) declares that that person has only given
one set of electronic application instructions for the benefit of that other person and
that that person is duly authorized to give those instructions as that other person’s
agent;
— 220—
HOW TO APPLY FOR HONG KONG OFFER SHARES
Š understands that the above declaration will be relied upon by our company, our
directors and the Joint Bookrunners in deciding whether or not to make any allotment of
Hong Kong Offer Shares in respect of the electronic application instructions given by
that person and that that person may be prosecuted if he makes a false declaration;
Š authorizes our company to place the name of HKSCC Nominees on our register of
members as the holder of the Hong Kong Offer Shares allotted in respect of that
person’s electronic application instructions and to send share certificate(s) and/or
refund monies in accordance with the arrangements separately agreed between us and
HKSCC;
Š confirms that that person has read the terms and conditions and application procedures
set out in this prospectus and agrees to be bound by them;
Š confirms that that person has only relied on the information and representations in this
prospectus in giving that person’s electronic application instructions or instructing
that person’s broker or custodian to give electronic application instructions on that
person’s behalf save as set out in any supplement to this prospectus;
Š agrees that our company, the Joint Bookrunners, the Underwriters, their respective
directors, officers, employees, partners, agents, advisors and any other parties involved
in the Global Offering are liable only for the information and representations contained in
this prospectus and any supplement thereto;
Š agrees to disclose that person’s personal data to our company, the Joint Bookrunners
and/or their respective agents and any information which they may require about that
person;
Š agrees (without prejudice to any other rights which that person may have) that once the
application of HKSCC Nominees has been accepted, the application cannot be
rescinded for innocent misrepresentation;
Š agrees that any application made by HKSCC Nominees on behalf of that person
pursuant to electronic application instructions given by that person is irrevocable before
Thursday, November 22, 2007, such agreement to take effect as a collateral contract
with us and to become binding when that person gives the instructions and such
collateral contract to be in consideration of our company agreeing that we will not offer
any Hong Kong Offer Shares to any person before Thursday, November 22, 2007,
except by means of one of the procedures referred to in this prospectus. However,
HKSCC Nominees may revoke the application before Thursday, November 22, 2007 if a
person responsible for this prospectus under Section 40 of the Hong Kong Companies
Ordinance gives a public notice under that section which excludes or limits the
responsibility of that person for this prospectus;
Š agrees that once the application of HKSCC Nominees is accepted, neither that
application nor that person’s electronic application instructions can be revoked, and that
acceptance of that application will be evidenced by the announcement of the results of
the Hong Kong Public Offer published by our company;
Š agrees to the arrangements, undertakings and warranties specified in the participant
agreement between that person and HKSCC, read with the General Rules of CCASS
and the CCASS Operational Procedures, in respect of the giving of electronic
application instructions relating to Hong Kong Offer Shares;
— 221—
HOW TO APPLY FOR HONG KONG OFFER SHARES
Š agrees with our company, for ourselves and for the benefit of each of our Shareholders
(and so that we will be deemed by our acceptance in whole or in part of the application
by HKSCC Nominees to have agreed, for ourselves and on behalf of each of our
shareholders, with each CCASS Participant giving electronic application instructions) to
observe and comply with the Cayman Companies Law, the Hong Kong Companies
Ordinance and the Memorandum of Association and the Articles of Association; and
Š agrees that that person’s application, any acceptance of it and the resulting contract will
be governed by and construed in accordance with the laws of Hong Kong.
Effect of Giving Electronic application instructions to HKSCC
By giving electronic application instructions to HKSCC or instructing your broker or custodian
who is a CCASS Broker Participant or a CCASS Custodian Participant to give such instructions to
HKSCC, you (and, if you are joint applicants, each of you jointly and severally) are deemed to have
done the following things. Neither HKSCC nor HKSCC Nominees shall be liable to our company or
any other person in respect of the things mentioned below:
Š instructed and authorized HKSCC to cause HKSCC Nominees (acting as nominee for the
relevant CCASS Participants) to apply for the Hong Kong Offer Shares on your behalf;
Š instructed and authorized HKSCC to arrange payment of the Maximum Offer Price,
brokerage, SFC transaction levy and Hong Kong Stock Exchange trading fee by debiting
your designated bank account and, in the case of a wholly or partially unsuccessful
application and/or if the Offer Price is less than the offer price per Share initially paid on
application, refund of the application monies, in each case including brokerage, SFC
transaction levy and Hong Kong Stock Exchange trading fee, by crediting your designated
bank account;
Š instructed and authorized HKSCC to cause HKSCC Nominees to do on your behalf all the
things which it is stated to do on your behalf in the WHITE Application Form.
Multiple Applications
If you are suspected of having made multiple applications or if more than one application is made
for your benefit, the number of Hong Kong Offer Shares applied for by HKSCC Nominees will be
automatically reduced by the number of Hong Kong Offer Shares in respect of which you have given
such instructions and/or in respect of which such instructions have been given for your benefit. Any
electronic application instructions to make an application for the Hong Kong Offer Shares given by
you or for your benefit to HKSCC shall be deemed to be an actual application for the purposes of
considering whether multiple applications have been made.
Minimum Subscription Amount and Permitted Multiples
You may give or cause your broker or custodian who is a CCASS Broker Participant or a CCASS
Custodian Participant to give electronic application instructions in respect of a minimum of 500
Hong Kong Offer Shares. Such instructions in respect of more than 500 Hong Kong Offer Shares
must be in one of the numbers set out in the table in the WHITE and YELLOW Application Forms. No
application for any other number of Hong Kong Offer Shares will be considered and any such
application is liable to be rejected.
— 222—
HOW TO APPLY FOR HONG KONG OFFER SHARES
Time for Inputting Electronic application instructions
CCASS Broker/Custodian Participants can input electronic application instructions at the
following times on the following dates:
Tuesday, October 23, 2007— 9:00 a.m. to 8:30 p.m.(1)
Wednesday, October 24, 2007— 8:00 a.m. to 8:30 p.m.(1)
Thursday, October 25, 2007— 8:00 a.m. to 8:30 p.m.(1)
Friday, October 26, 2007— 8:00 a.m.(1) to 12:00 noon
Note:
(1) These times are subject to change as HKSCC may determine from time to time with prior notification to CCASS Broker/
Custodian Participants.
CCASS Investor Participants can input electronic application instructions from 9:00 a.m. on
Tuesday, October 23, 2007 until 12:00 noon on Friday, October 26, 2007 (24 hours daily, except the
last application day).
Effect of Bad Weather on the Opening of the Application Lists
The latest time for inputting your electronic application instructions will be 12:00 noon on
Friday, October 26, 2007, the last application day. If:
Š a tropical cyclone warning signal number 8 or above; or
Š a “black” rainstorm warning signal
is in force in Hong Kong at any time between 9:00 a.m. and 12:00 noon on Friday, October 26, 2007,
the last application day will be postponed to the next business day which does not have either of
those warning signals in force in Hong Kong at any time between 9:00 a.m. and 12:00 noon on such
day.
Section 40 of the Hong Kong Companies Ordinance
For the avoidance of doubt, our company and all other parties involved in the preparation of this
prospectus acknowledge that each CCASS Participant who gives or causes to give electronic
application instructions is a person who may be entitled to compensation under Section 40 of the
Hong Kong Companies Ordinance (as applied by section 342E of the Hong Kong Companies
Ordinance).
Personal Data
The section of the Application Form entitled “Personal Data” applies to any personal data held by
us and our share registrar, Computershare Hong Kong Investor Services Limited, about you in the
same way as it applies to personal data about applicants other than HKSCC Nominees.
Warning
The subscription of the Hong Kong Offer Shares by giving electronic application instructions to
HKSCC is only a facility provided to CCASS Participants. Our company, the Directors, the Joint
Bookrunners and the Underwriters take no responsibility for the application and provide no assurance
that any CCASS Participant will be allotted any Hong Kong Offer Shares.
To ensure that CCASS Investor Participants can give their electronic application instructions to
HKSCC through the CCASS Phone System or the CCASS Internet System, CCASS Investor
— 223—
HOW TO APPLY FOR HONG KONG OFFER SHARES
Participants are advised not to wait until the last minute to input their electronic application
instructions to the systems. In the event that CCASS Investor Participants have problems connecting
to the CCASS Phone System or the CCASS Internet System to submit their electronic application
instructions, they should either: (i) submit a WHITE or YELLOW Application Form; or (ii) go to
HKSCC’s Customer Service Center to complete an input request form for electronic application
instructions before 12:00 noon on Friday, October 26, 2007.
VI. HOW MANY APPLICATIONS YOU MAY MAKE
You may make more than one application for the Hong Kong Offer Shares if and only if:
You are a nominee, in which case you may give electronic application instructions to HKSCC
(if you are a CCASS Participant) and lodge more than one WHITE and YELLOW Application Form in
your own name if each application is made on behalf of different owners.
In the box on the Application Form marked “For nominees” you must include:
Š an account number; or
Š some other identification code
for each beneficial owner or, in the case of joint beneficial owners, for each such beneficial owner. If
you do not include this information, the application will be treated as being made for your benefit.
Otherwise, multiple applications are not allowed.
If you apply by means of White Form eIPO, once you complete payment in respect of any
electronic application instruction given by you or for your benefit to the designated White Form eIPO
Service Provider to make and application for Hong Kong Offer Shares, an actual application shall be
deemed to have been made. For the avoidance of doubt, giving an electronic application instruction
under White Form eIPO more than once and obtaining different application reference numbers
without effecting full payment in respect of a particular reference number will not constitute an actual
application.
If you are suspected of submitting more than one application through the White Form eIPO
service by giving electronic application instructions through the designated website at
eipo.com.hk and completing payment in respect of such electronic application instructions, or
of submitting one application through the White Form eIPO service and one or more applications by
any other means, all of your applications are liable to be rejected.
If you have made an application by giving electronic application instructions to HKSCC and
you are suspected of having made multiple applications or if more than one application is made for
your benefit, the number of Hong Kong Offer Shares applied for by HKSCC Nominees will be
automatically reduced by the number of Hong Kong Offer Shares in respect of which you have given
such instructions and/or in respect of which such instructions have been given for your benefit. Any
electronic application instructions to make an application for the Hong Kong Offer Shares given by
you or for your benefit to HKSCC shall be deemed to be an actual application for the purposes of
considering whether multiple applications have been made. No application for any other number of
Hong Kong Offer Shares will be considered any such application is liable to be rejected.
— 224—
HOW TO APPLY FOR HONG KONG OFFER SHARES
It will be a term and condition of all applications that by completing and delivering an Application
Form, you:
Š (if the application is made for your own benefit) warrant that this is the only application which
has been or will be made for your benefit on a WHITE or YELLOW Application Form or by
giving electronic application instructions to HKSCC or the designated White Form eIPO
Service Provider through White Form eIPO service; or
Š (if you are an agent for another person) warrant that reasonable enquiries have been made of
that other person that this is the only application which has been or will be made for the
benefit of that other person on a WHITE or YELLOW Application Form or by giving
electronic application instructions to HKSCC or the designated White Form eIPO Service
Provider through White Form eIPO service and that you are duly authorized to sign the
Application Form or give electronic application instructions as that other person’s agent.
Except where you are a nominee and provide the information required to be provided in your
application, all of your applications will be rejected as multiple applications if you, or you and your
joint applicant(s) together:
Š make more than one application (whether individually or jointly) on a WHITE or YELLOW
Application Form or by giving electronic application instructions to HKSCC or the
designated White Form eIPO Service Provider through White Form eIPO service; or
Š apply both (whether individually or jointly) on one WHITE Application Form and one
YELLOW Application Form or on one WHITE or YELLOW Application Form and give
electronic application instructions to HKSCC or the designated White Form eIPO Service
Provider through White Form eIPO service; or
Š apply (whether individually or jointly) on one WHITE or YELLOW Application Form or by
giving electronic application instructions to HKSCC or the designated White Form eIPO
Service Provider through White Form eIPO service for more than 64,417,500 Shares, being
approximately 50% of the Shares initially being offered for public subscription under the
Hong Kong Public Offering, as more particularly described in the section entitled “Structure
of the Global Offering — The Hong Kong Public Offering”; or
Š have applied for or taken up, or indicated an interest for, or have been or will be placed or
allocated (including conditionally and/or provisionally) Offer Shares under the International
Offering.
All of your applications will also be rejected as multiple applications if more than one application
on a WHITE or YELLOW Application Form or by giving electronic application instructions to
HKSCC is made for your benefit (including the part of the application made by HKSCC Nominees
acting on electronic application instructions). If an application is made by an unlisted company and:
Š the principal business of that company is dealing in securities; and
Š you exercise statutory control over that company,
then the application will be treated as being for your benefit.
Unlisted company means a company with no equity securities listed on the Stock Exchange.
Statutory control means you:
Š control the composition of the board of directors of the company; or
— 225—
HOW TO APPLY FOR HONG KONG OFFER SHARES
Š control more than half of the voting power of the company; or
Š hold more than half of the issued share capital of the company (not counting any part of it
which carries no right to participate beyond a specified amount in a distribution of either
profits or capital).
VII. HOW MUCH ARE THE HONG KONG OFFER SHARES
The Maximum Offer Price is HK$13.50 per Share. You must also pay brokerage of 1%, SFC
transaction levy of 0.004% and Stock Exchange trading fee of 0.005%. This means that for every
board lot of 500 Shares you will pay approximately HK$6,818.11. The WHITE and YELLOW
Application Forms have tables showing the exact amount payable for multiples of Shares up to
64,417,500 Shares.
You must pay the maximum Offer Price, brokerage, SFC transaction levy and the Stock
Exchange trading fee in full upon application for Shares by a cheque or a banker’s cashier order in
accordance with the terms set out in the Application Forms (if you apply by an Application Form).
If your application is successful, brokerage is paid to participants of the Stock Exchange, the
SFC transaction levy and Stock Exchange trading fee are paid to the Stock Exchange (in the case of
the SFC transaction levy, collected on behalf of the SFC).
VIII. REFUND OF APPLICATION MONIES
If you do not receive any Hong Kong Offer Shares for any reason, we will refund your application
monies, including brokerage of 1%, SFC transaction levy of 0.004% and Hong Kong Stock Exchange
trading fee of 0.005%. No interest will be paid thereon. All interest accrued on such monies prior to
the date of dispatch of refund cheques will be retained for our benefit.
If your application is accepted only in part, we will refund the appropriate portion of your
application monies, including the related brokerage of 1%, SFC transaction levy of 0.004% and Hong
Kong Stock Exchange trading fee of 0.005%, without interest.
If the Offer Price as finally determined is less than HK$13.50 per Share, appropriate refund
payments, including the brokerage of 1%, SFC transaction levy of 0.004% and Hong Kong Stock
Exchange trading fee of 0.005% attributable to the surplus application monies, will be made to
successful applicants, without interest. Details of the procedure for refund are set out below in the
paragraph headed “Dispatch/Collection of Share Certificates and Refund Monies”.
In a contingency situation involving a substantial over-subscription, at the discretion of our
company and the Joint Bookrunners, cheques for applications for certain small denominations of
Hong Kong Offer Shares on Application Forms (apart from successful applications) may not be
cleared.
Refund of your application monies (if any) will be made on Monday, November 5, 2007 in
accordance with the various arrangements as described in this section.
IX. MEMBERS OF THE PUBLIC — TIME FOR APPLYING FOR HONG KONG OFFER SHARES
Completed WHITE or YELLOW Application Forms, together with payment attached, must be
lodged by 12:00 noon on Friday, October 26, 2007, or, if the application lists are not open on that
day, then by the time and date stated in the paragraph headed “Effect of bad weather on the opening
of the application lists” below.
— 226—
HOW TO APPLY FOR HONG KONG OFFER SHARES
Your completed Application Form, together with payment attached, should be deposited in the
special collection boxes provided at any of the branches of The Hongkong and Shanghai Banking
Corporation Limited, Bank of China (Hong Kong) Limited, Bank of Communications Co., Ltd. Hong
Kong Branch or Industrial and Commercial Bank of China (Asia) Limited listed under the section
headed “Where to collect the WHITE and YELLOW Application Forms” above at the following times:
Tuesday, October 23, 2007—9:00 a.m. to 4:30 p.m.
Wednesday, October 24, 2007—9:00 a.m. to 4:30 p.m.
Thursday, October 25, 2007—9:00 a.m. to 4:30 p.m.
Friday, October 26, 2007—9:00 a.m. to 12:00 noon
The application lists will be open from 11:45 a.m. to 12:00 noon on Friday, October 26, 2007.
No proceedings will be taken on applications for the Shares and no allotment of any such Shares
will be made until the closing of the application lists. No allotment of any of the Shares will be made
later than Thursday, November 22, 2007.
White Form eIPO
You may submit your application to the designated White Form eIPO Service Provider through
the designated website at eipo.com.hk from 9:00 a.m. on Tuesday, October 23, 2007 until
11:30 a.m. on Friday, October 26, 2007 or such later time as described under the paragraph headed
“Effects of bad weather conditions on the opening of the application lists” below (24 hours daily,
except on the last application day). The latest time for completing full payment of application monies
in respect of such applications will be 12:00 noon on Friday, October 26, 2007, the last application
day, or, if the application lists are not open on that day, then by the time and date stated in the
paragraph headed “Effects of bad weather on the opening of the application lists” below.
You will not be permitted to submit your application to the designated White Form eIPO
Service Provider through the designated website at eipo.com.hk after 11:30 a.m. on the
last day for submitting applications. If you have already submitted your application and
obtained an application reference number from the website prior to 11:30 a.m., you will be
permitted to continue the application process (by completing payment of application monies)
until 12:00 noon on the last day for submitting applications, when the application lists close.
X. EFFECT OF BAD WEATHER ON THE OPENING OF THE APPLICATION LISTS
The application lists will not open if there is:
Š a tropical cyclone warning signal number 8 or above, or
Š a “black” rainstorm warning
in force in Hong Kong at any time between 9:00 a.m. and 12:00 noon on Friday, October 26, 2007.
Instead they will open between 11:45 a.m. and 12:00 noon on the next business day which does not
have either of those warnings in Hong Kong in force at any time between 9:00 a.m. and 12:00 noon.
XI. PUBLICATION OF RESULTS
We expect to announce the indication of levels of interest in the International Offering, levels in
the applications of the Hong Kong Public Offer and the basis of allotment of the Public Offer Shares
on Monday, November 5, 2007 in South China Morning Post (in English) and the Hong Kong
Economic Times (in Chinese).
— 227—
HOW TO APPLY FOR HONG KONG OFFER SHARES
The Hong Kong Identity Card/passport/Hong Kong Business Registration numbers of successful
applicants under the Hong Kong Public Offering will be available at the times and date and in the
manner specified below:
Š Results of allocations for the Hong Kong Public Offering will be available from our designated
results of allocations website at iporesults.com.hk on a 24-hour basis from 8:00 a.m.
on Monday, November 5, 2007 to 12:00 midnight on Sunday, November 11, 2007. The user
will be required to key in the Hong Kong identity card/passport/Hong Kong business
registration number provided in his/her/its application form to search for his/her/its own
allocation result;
Š Results of allocations for the Hong Kong Public Offering can be found in our Announcement
and will be posted on the Company’s website at alibaba.com on Monday,
November 5, 2007.
Š Results of allocations will be available from our Hong Kong Public Offering allocation results
telephone enquiry line. Applicants may find out whether or not their applications have been
successful and the number of Hong Kong Offer Shares allocated to them, if any, by calling
2862-8669 between 9:00 a.m. and 10:00 p.m. from Monday, November 5, 2007 to Thursday,
November 8, 2007; and
Š Special allocation results booklets setting out the results of allocations will be available for
inspection during opening hours of individual branches and sub-branches from Monday,
November 5, 2007 to Wednesday, November 7, 2007 at all the receiving bank branches and
sub-branches at the addresses set out in the section headed “— Where to Collect the
Application Forms”.
Announcement of the level of applications in the Hong Kong Public Offering, the level of indications of
interest in the International Offering and the basis of allotment of the Hong Kong Offer Shares will be
published in the South China Morning Post (in English) and the Hong Kong Economic Times (in
Chinese) on Monday, November 5, 2007.
XII. CIRCUMSTANCES IN WHICH YOU WILL NOT BE ALLOTTED HONG KONG OFFER SHARES
Full details of the circumstances in which you will not be allotted the Hong Kong Offer Shares are
set out in the notes attached to the relevant Application Forms (whether you are making your
application by an Application Form or electronically instructing HKSCC to cause HKSCC Nominees to
apply on your behalf), and you should read them carefully. You should note in particular the following
situations in which the Hong Kong Offer Shares will not be allotted to you:
Š If your application is revoked:
By completing and submitting an Application Form or giving an electronic application
instruction to HKSCC or the designated White Form eIPO Service Provider through White
Form eIPO service, you agree that your application or the application made by HKSCC
Nominees or the White Form eIPO Service Provider on your behalf cannot be revoked on or
before Thursday, November 22, 2007. This agreement will take effect as a collateral contract
with our company, and will become binding when you lodge your Application Form or give
your electronic application instruction to HKSCC and an application has been made by
HKSCC Nominees on your behalf accordingly. This collateral contract will be in consideration
of the Company agreeing that it will not offer any Hong Kong Offer Shares to any person on
or before Thursday, November 22, 2007 except by means of one of the procedures referred
to in this prospectus.
— 228—
HOW TO APPLY FOR HONG KONG OFFER SHARES
Your application or the application made by HKSCC Nominees or the White Form eIPO
Service Provider on your behalf may only be revoked on or before Thursday, November 22,
2007 if a person responsible for this prospectus under section 40 of the Hong Kong
Companies Ordinance (as applied by section 342E of the Hong Kong Companies Ordinance)
gives a public notice under that section which excludes or limits the responsibility of that
person for this pr
Just wondering, what are the stats for alibaba.com for even future purchase?
China's Giant Interactive launches $800 million IPO
TAIPEI/HONG KONG (Reuters) - Chinese online game developer Giant Interactive Group Inc was set to begin marketing a U.S. initial public offering on Thursday worth roughly $700-$800 million, sources familiar with the deal said, joining a record-breaking capital-raising push by Internet firms.
The mainland China-based company, which is selling a 20 percent stake, plans to begin trading its shares on the New York Stock Exchange in early November under the symbol "GA" (GA.N: Quote, Profile, Research). The listing was being handled by Merrill Lynch (MER.N: Quote, Profile, Research) and UBS (UBSN.VX: Quote, Profile, Research)(UBS.N: Quote, Profile, Research).
Giant Interactive will compete for investor attention with Alibaba.com, a business-to-business online marketplace that is looking to raise up to $1.32 billion ahead of a Hong Kong trading debut scheduled for November 6.
Alibaba.com's deal, underwritten by Goldman Sachs (GS.N: Quote, Profile, Research), Morgan Stanley (MS.N: Quote, Profile, Research) and Deutsche Bank (DBKGn.DE: Quote, Profile, Research), is on track to be the largest Internet-related IPO from China, according to Thomson Financial data.
Both the Alibaba.com and Giant Interactive deals look set to dwarf the $230 million raised in 2004 by Tencent Holdings Ltd (0700.HK: Quote, Profile, Research), a Chinese Internet portal and instant messaging service, whose IPO was the biggest in the Internet sector from China, according to Thomson.
Giant Interactive's fundraising target, which is not final, is far larger than the $100 million it said it intended to raise in a filing last week with the U.S. Securities and Exchange Commission.
Give your comment on this one!!!
From Banff
Diego
what does A-shares of PTR offer? What is the difference between the currently traded PTR statistically and the up-coming A-shares?
I am also very interested in the alibaba shares. I am based in the UK and my Uncle who is in the USA also wants to buy.
Please can you email me.
Would appreciate very much
Thanks!
ali_jaffer1@hotmail.co...
www.beltal.com
Just to click it and find what you need.