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2 VISTAR HOLDINGS LIMITED 300,000, ,000,000 30,000, % % 0.005% C

3 i

4 (1) (2)(4) (2) (3) (2) (5) ii

5 (6) (6) ,000, iii

6 1,000, ,000, (i) (ii) iv

7 ... i... ii... v v

8 A... IA-1 B... IB-1 A... IIA-1 B... IIB-1... III-1... IV-1... V-1... VI-1 vi

9 II II 20117, , % % , % % 302,

10 % % % % 79, , , , , , , , , , , , , , , , % % % % % % 117, , , , , , , , , , , ,

11 % % 72.4% % 32.2% ,143 1, ,141 1,

12 , , ,114 5,892 9,937 9, , ,614 42,855 40,344 15,482 4,168 4,406 1,559 79, ,224 51,101 38,810 40,554 14,532 4,417 4,389 1, , , ,013 9,937 9,727 10, ,4761,

13 % 7.3% 0% 6.5% (1) (2) % 16.0% 17.0%

14 % 52.1% 45.9% % 48.3% 54.4% % 51.6% 57.4% 6

15 7

16 , ,167 40,429 67,008 16,680 25,825 5,833 11,393 10,262 18,024 3, ,721 14,987 2,510 (1,032) , , ,399 99,485 99,997 75,777 22,876 37,786 36, % %

17 % % % % 11, , , , , , , , , , , , % % % % 16, , , , , , , , ,

18 % % % % 72, , , , , , , , , , , , , , , , , , , ,132 18,815 3, ,159 (17,668) (10,338) (7,727) (9,413) 5,491 (5,215) 695 (5,347) (1,644) (797) 5,876 3,399 (13,821) (16,350) (1,156) 33,276 19,455 16,926 18,299 10

19 (i) 18.8 (ii) 1.5(iii)1.5 (i)14.9 (ii) 18.7 (iii)3.1(iv) (i) (ii) (i) (ii) GEC (i)0.6 (ii) 6.3 (iii)5.3(iv) 1.1(i) 0.4 (ii)0.8 (iii) 1.2 (iv) (i) (ii) GEC

20 % 16.0% 17.0% 2 7.1% 9.3% % 38.6% 7 7.0% 10.8% % 9.3%

21 (i) (ii) % % (i) 8.6 (ii) Guardian Team Guardian Team 331, Guardian Team

22 (i) (ii) % 13.7% % B A ,000, , ,709 10,000, , , , , , ,160 14

23 ,000, , , ,130 1,000,000 1,134 24,537 1,165 19, ,141 1,141 35,290 1,173 34, , , , , , , , , ,192 10,000, ,821 10,000, , ,105 15

24 1,000, ,389 1,000, , ,940 13, , (i) (ii) (iii) A (i) Success Step Success Step 34.9% (ii)alderhill Noble Capital Alderhill Noble Capital32.6% Success Step Noble Capital 16

25 (i) (ii) (iii) (a) (b) (c) (d) (e) (f) % % % % %3D ERP % 17

26 ,000, ,000, ,000, ,000, B ,000, ,000, ,200,000,000 18

27 A Alderhill

28 A ,990,

29 Success Step Noble Capital F Legend Advanced Success Step Noble Capital

30 A 95B Guardian Team

31 Guardian Team Guardian Team Guardian Team Limited Guardian Team Guardian Team

32 ISO ISO ISO ISO 9001 ISO 24

33 Legend Advanced Legend Advanced Limited % 30% 30% Legend Advanced Legend Advanced

34 Noble Capital Noble Capital Concept Limited Noble Capital Noble Capital % % 0.005% OHSAS OHSAS ,000,000 26

35 270,000, % %0.005% 27

36 30,000, S S A E. 28

37 Success Step Success Step Management Limited Success Step Success Step Alderhill Holdings Limited Alderhill Alderhill

38 Alderhill % 30

39 3D ERP 31

40 32

41 33

42 34

43 % 7.3% 0% 35

44 (i)(ii) (iii)(iv) (v) (vi) (vii) (viii) % 58.7% 69.4% - 36

45 % 29.5% 22.8% 37

46 10% 5% % 9.2% 8.4% 38

47 % 16.0% 17.0% % A 39

48 40

49 /

50 78,4975% 42

51 , % % 7.7% 6.5% 43

52 , , ,000 44

53 45

54 (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) 46

55 ( ) () 47

56 48

57 571V 49

58

59 10% 44B(1) 11.23(7) 25% 300,000,000 25% 51

60 Estera Trust (Cayman) Limited ,

61

62 A A A D LC C 54

63 A

64

65 PO Box 1350, Clifton House, 75 Fort Street, Grand Cayman KY1-1108, Cayman Islands H A H A 57

66 Estera Trust (Cayman) Limited PO Box 1350, Clifton House, 75 Fort Street, Grand Cayman KY1-1108, Cayman Islands ( ) 58

67 20 59

68 , ,

69 (i) (ii) (iii) 61

70 (i) (ii) (iii) (iv) 62

71 %201164, , , % , , ,000 50, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , % 8.9% 10.5% 9.5% 9.4% 9.1% 63

72 ,000 10,000 15,000 20,000 25,000 11, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , % 15.0% 15.0% 12.5% % 13.4% 13.5% 9.3% 20117, , % , % 20111, , % , , % 64

73 2011 2, % 20165, , , % , , % 20217, %

74

75 , % % 67

76 ,500 1, , , , , , , % +7.0% 13.3% % % +11.3%

77 % I38II 69

78 % % 16.6% 1 A % 2 B % 3 C % 83.4% 4 D % 5 E % 6 F % 7 G % % 9 H % 10 I % A 2. B 3. C 4. D 5. E 6. F 7. G 8. H 9. I 70

79 (A) 1. 3(1) (a)21 (b) (c)4(2) (3) 1 2 3(1A) (a) 1 (b) 2 (i) (ii) 1 (c)

80 , A 5 50,000 9(3) (a) (b) 5 50, (a) (b) 72

81 2. B (i) (ii) (iii) (iv) (v) 50 II I II I 2.3 II 73

82 570,000570, II II (a) (i) (ii)

83 (iii) 303 (b) (c) ISO 9001 ISO OHSAS (i) (ii) 3 (d) (i) (ii) (i) 570,000 (ii) (1) 15% 4.2 (2) 10% 4.2 (3) 950 8% 10% (e) (i) (ii) (i) (1) 570,000 (2) (3) (ii) 10% 75

84 (f) 30% (g) B(0)

85 (a) (b) 4. (a) (b) (c) (d) (e) 77

86 (a) 123J (b) 123N I II III (i) (ii) (iii) I II III 78

87 (i) (ii) (iii) A B C (iv) D (v) E (vi) F (vii) G A II III 12(5) (i) (ii) (iii) (iv) 12(6) 79

88 (i) (ii) A II III 8C D 3 80

89 (a) (b) (i) (ii) 1,000 10,000 (i) (ii) (I) (II) 10, ,000 (III) (IV) 36(2) (i) (ii)(iii) 81

90 CB (1) 7(1) 50, (a) (b) (c)

91 8. (SRS) 2014 (SRS) (a) (b) (c) R1 (a) (b) R2 (a) R3 (a) (b)

92 (a) (b) (c) (d) (B)

93 % (C) (a) (b) (c) (d) (e) 85

94 500, , I (i)18 (ii) (iii) (iv) (v) (vi) 200, (a) (b) (c) (d) (e) 200, ,

95 200, , C (a) (b) 60 87

96 ,000 43F 43C (i) (ii) ,000 88

97 40(1) (1) 24 40(1) (a) 6 100,000 2 (b) 6 100, % 1,500 89

98 A 350, ,000 (D) ,000 6 (a) 151,000 (b) 50, O 311R 311C

99 66(6) 77 (a) (b) 6 (a) 100,000 (b) 200,000 (c) 20, N 354C ,

100 16 (a) 200,000 6 (b) 500,000 6 (c) 10, I 2 II (a) 2,000,000 6 (b) 5,000,000 2 (c) 6 100,0006 (d) 1,000, ,000 92

101 II II ISO 9001:2008 ISO 14001:2004 OHSAS 18001:

102 ,000,000 10, ,0001, % 5% 5% 4% 3% 3% Guarforce Engineering Consultants Ltd.GEC2005 GEC 49% GEC GEC GEC GEC GEC GEC 94

103 GEC GEC ,25011,2501, % 45% 4% 3% 3% , % 43.5% 4% 3% 3% 3% ,000, , ,0009, % 90% 1B ,140, % : : : 750 3% 95

104 : : 1,140,000 : : : : 78.9% : Success Step Noble Capital (HKEX-GL-29-12) HKEX-GL

105 1. Success Step Noble Capital Legend Advanced Success Step ,000 Success Step Success Step 1.00 Noble Capital ,000 Noble Capital Noble Capital 1.00 Legend Advanced ,000 Legend Advanced Legend Advanced ,000 38,000,000 Reid Services Limited Reid Services Limited Success Step Success Step Noble Capital Legend Advanced 3. Guardian Team Guardian Team ,000 Guardian Team Guardian Team Guardian Team %1,140, % 46.5% 97

106 46.5% 43.5% 3% 3% 4% 100% 5. Guardian Team Guardian Team 25,000 38,860, Success Step Noble Capital Legend Advanced 4,1853, Guardian Team25,000 Guardian Team 6. Guardian Team % 10% Guardian Team Guardian Team10, , Guardian Team 98

107 Guardian Team Legend Advanced Success Step Noble Capital Legend Advanced Success Step Noble Capital Success Step Noble Capital Success Step Noble CapitalLegend Advanced Success Step Noble CapitalLegend Advanced Success Step Noble Capital 7. Alderhill Alderhill Noble Capital Alderhill Alderhill ,762,000, ,000 38,000,000 38,000,000 3,800,000, % 75% 99

108 ,000,00030,000,000270,000,000 25% 43.5% 43.5% 3% 3% 3% 4% 18 Alderhill 100% 100% 30% 30% 40% Success Step 46.5% 100% Noble Capital 43.5% Legend Advanced 10% 100% uardian eam 100% 100% 100

109 Alderhill 100% 100% 30% 30% 40% Success Step 34.9% 100% Noble Capital 32.6% Legend Advanced 7.5% 25% 100% Guardian Team 100% 100% 101

110 302,

111 , ISO 9001 ISO OHSAS % 21.5% 14.3% 103

112

113 % % % (i) 11.0 (ii) 2.7 (iii) % 105

114 % ,000 50,000 30,000 20,000 20,000 15, ,000 (i) (ii) (1) 106

115 (2) i ii

116 (i) (ii)(iii) (iv) 2.0, ,000 45,000 24,000 20,000 89,

117 7.6 18(i) 2.7 (ii) 2.9 (iii) 1.8 (iv) % 0.5% 1.1% 3D ERP 109

118 4.7 3D ERP % % % % 79, , , , , , , , , , , , , , , , % % % % 117, , , , , , , , , , , ,

119 111

120 ,143 1, ,141 1, (i) (ii) (iii) (iv)

121 , , ,114 5,892 9,937 9, , ,614 42,855 40,344 15,482 4,168 4,406 1,559 79, ,224 51,101 38,810 40,554 14,532 4,417 4,389 1, , , ,013 9,937 9,727 10,

122 M.L.52 S.K. 2014/ /11 16,215 10,179 10, /01 12,764 3,900 3,900 ED 2016/07 B 2012/ /09 61,100 18,227 2,551 20, / /06 10,945 9,180 1,019 10, / /10 21,664 18,263 2,956 21,

123 ,000, , ,709 10,000, , , , , , , ,000, , , ,130 1,000,000 1,134 24,537 1,165 19, ,141 1,141 35,290 1,173 34, , , , , , , , , ,

124 / /03 101,199 2,681 7,413 10,094 37,839 60, / /01 33, ,743 2,449 14,874 17,850 1H / /12 24,980 1,012 2,936 3,948 12,275 11,693 1 G1(B) 2016/ /12 22,375 1, ,315 3,781 17, / /03 20, ,272 5,701 14,

125 / /03 11, ,058 2,007 4,420 9, / /09 11, ,161 4, / /11 12,779 4,689 6,104 10,793 8, / /07 10, ,491 5,821 4,043 56A / /10 16, ,933 1,760 16,016 1,760 56A / /11 25, ,001 9,373 23,258 11, / /08 15,267 1,042 11,633 1,764 14,439 2,

126 / /10 10,645 1,275 7,057 2,219 10,551 2, / /11 39,159 2,255 34,745 2,159 39,159 2, / /08 47,780 1,000 30, / /03 32,555 18, ,821 6,134 94,362 39, , , ,

127 10,000, ,821 10,000, , ,105 1,000, ,389 1,000, , ,940 13, ,

128 % % % % 5, , , , , , , , , , , , , A % % % % 52, , , , , , , ,

129 (i) (ii) (iii) (iv)

130 , ,819 49,145 17,357 3,196 3,638 1,849 5,559 43,819 49,145 17,357 3,196 3,638 1,

131 / /09 30,417 5,559 5, , ,891 3, ,300 5,400 1,100 1,

132 Guardian Team Guardian Team 1 2 Guardian Team 124

133 (i) (ii)

134 1 (i) (ii) 1 1 (i) (ii) 1 126

135 (a) 127

136 (b) 128

137 % 10% 5% 129

138 10%

139 ,4761, % 7.3% 0% 6.5%

140 (1) (2) % 16.0% 17.0% (i) (ii) (iii) (iv) (v)(vi) (vii) (viii) 132

141 (i) (ii) (iii) % 14 (i) (ii)(iii) (iv) (v)

142 % % % % 117, , , , , , , , , , , , % 52.1% 45.9% % 21.5% 14.3% 134

143 % 1 A , B ,

144 % 3 C , D , E , ,

145 % 1 F ,500 F 16 34, A 19 14, G G G 20 8, , H 1973H 8 13, C 15 8, ,

146 % 1 H 1973H 8 9, J 2011J 20 7, K 2011K 2 6, L 1974L , M 1973M 13 3, ,

147 5% % 1 A 18 24, B 2 18, C 14 10, D 12 10, I , ,

148 % 1 F 16 46, A 19 14, G 15 13, H 8 13, C 15 8, ,

149 % 1 H 1973H 8 9, N 1999N 16 7, J 2011J 20 7, K 2011K 2 6, L 1974L , ,

150 142

151 30% 50% 143

152 10% 5% 10% 144

153 % 48.3% 54.4% % 14.0% 20.5% 145

154 % 1 A , B , C , D 5 1, E , ,

155 % 1 B , F , C , A , G , ,

156 % 1 B G C , , , H A , % 148

157 % 1 F , A E , , B C , , ,

158 % 1 B F C G 11 6, , , , A , ,

159 % 1 B G C , , , H A ,

160

161 % 51.6% 57.4% % 12.0% 18.2% 153

162 % 1 A , B , Ying Fai Co. Ltd , C , , ,

163 % 1 B , A , D 14 7, C , Ying Fai Co. Ltd , ,

164 % 1 G 6 7, B , A , H 5 D 1 2, , , Ying Fai Co., Ltd. Ying Fai Co., Ltd. Wai Po Fire Engineering Inc.Wai Po Fire Engineering Inc % 156

165 % 1 A , C , B , Ying Fai Co. Ltd , E 7 8, ,

166 % 1 F 2 C , , B , A , D 14 7, ,

167 % 1 G 6 7, F 3 B , , I 5 A , , ,

168 160

169 161

170 10% 50% 50% ISO 9001:2008 ISO 9001:

171 163

172 (i) (ii) (iii) 1 (1) (2) (1) (2) (1) (2) (1) (2)

173 (1) (2) II AII III II 165

174 (1) (1) (2) (2) (3) (3) (1) (1) (2) (2) (3) Li Sun Chung (3) (4) But Man Yiu (4) B (1) 2500 (1) (1) (2) (2) (2) A

175 ISO 9001 ISO 9001: ISO ISO 14001: OHSAS OHSAS 18001: (i) (ii) ISO 9001:2008 ISO 14001:2004 OHSAS 18001:

176 ISO14001:2004 (i) (ii) 168

177

178 % 9.2% 8.4% 170

179 (i) (ii) (iii) 171

180 % , % (i) (ii) (iii) B ,937 Vistar Alliance Limited 31 43, () 172

181 395 Wu Limei , , G ,600 43, % 173

182 (4)29 56E 52(5)29 56F 52(4) 52(5) E F 80 52(4) 52(5) 10, E 56F E 56F 56E 56F 52(4) 52(5) 174

183 A 8% C ,

184 (i) (ii)

185 IR56E IR56F

186 (i) Success Step Success Step 34.9% (ii)alderhill Noble Capital Alderhill Noble Capital 32.6% Success Step Noble Capital A 178

187 179

188 Leung To Hong Alderhill 180

189 181

190 (a) 10% (b) (c) 182

191 30% // 183

192 184

193 1. (a) Vistar Alliance Limited 50% 50% , ,800 (b) 50% 50% 20 (c) ,600 (d) 20 5% 3,000,

194 (e) (f) (i) (ii) (a) Ying Fai Co., LimitedYing Fai Ying Fai Wai Po Fire Engineering Inc.Wai Po Wai Po Ying FaiYing Fai Ying Fai Ying Fai Ying Fai Ying FaiYing FaiYing Fai 186

195 (b) (2) Ying Fai Wai PoWai Po 20Ying Fai (c) Ying Fai Ying Fai 8.0 (i) (ii) Ying Fai Ying Fai 2133 Ying Fai (d) 20 5% 25% 10,000, (2) Ying Fai (2)

196 (e) (f) i (ii) 188

197 XV2 3 10% 1 2 Success Step ,500, % 90,000, % 508,500, % 3 4 Deng Anna Man Li 5 508,500, % 508,500, % Noble Capital ,500, % 90,000, % 481,500, % ,500, % ,500, % ,500, % 189

198 1 2 Lau Sze Mun 7 481,500, % Legend Advanced 8 90,000, % 8 90,000, % Roberts Christopher John 9 90,000, % (1) (2) 1,200,000,000 (3) Success StepSuccess Step 418,500,0004 Legend Advanced 90,000,000 Success Step508,500,000 (4) Legend Advanced Success Step Noble Capital Success Step Noble Capital Legend Advanced 90,000,000 (5) Deng Anna Man LiDeng Anna Man Li (6) Alderhill Noble Capital Alderhill Noble Capital 391,500,0004 Legend Advanced 90,000,000 Noble Capital481,500,

199 (7) Lau Sze MunLau Sze Mun (8) Legend Advanced 40% 30% 30% Legend Advanced 90,000,000 (9) Roberts Christopher John Roberts Christopher John XV2 3 10% 191

200

201

202 Kart Gardens International Inc Canadian Telecommunication Group Inc Core-Mark Distributors, Inc Liquidation World Inc. 194

203 A C

204 291 Heart Bright Limited Time Sweet Limited Winning Express Limited General Engineering (China) Co. Ltd Rothmans (Far East) Limited Tait (HK) Limited Pepsico. Inc

205 Hudson Global Resources (HK) Limited Agilent Technologies Hong Kong Limited Talent2 Shanghai Co., Limited Motiva Consulting Limited The Chapman Consulting Group Limited Y.K. Auyeng and Associates High-Point CTMS (Far East) Limited Construct IT (Hong Kong) Limited

206 Hongkong Land Property Company Limited Hongkong Land Group Limited

207 291AA (a) (b)17.50(2) (c)

208 B Deloitte Touche Tohmatsu 200

209 C B A

210 ,000 1,515,000 1,

211 ,036,000 6A.19 ; ; 203

212 (i) (ii) (iii) (iv) 20 ( )

213 3,800,000, ,000,000 10, ,990,000 8,999, ,000,000 3,000,000 1,200,000,000 12,000, (7) 25%300,000,000 25% E. 205

214 ,999, ,990,000 (a) 20% (b) (a) (b) (c) 206

215 10% (a) (b) (c) 207

216 A B , Guardian Team Guardian Team Guardian Team B 208

217 A

218 (i);(ii) ; (iii) ; (iv); (v) ; (vi); (vii);(viii) 210

219 % 58.7% 69.4% 211

220 212

221 A , ,167 40,429 67,008 (106,169) (135,342) (34,596) (55,615) 16,680 25,825 5,833 11,393 1,842 1, (8,028) (8,736) (3,027) (3,363) (7,917) (232) (149) (47) (35) 10,262 18,024 3, (1,541) (3,037) (546) (1,322) 8,721 14,987 2,510 (1,032) 213

222 % % % % 79, , , , , , , , , , , , , , , , % %

223 % % % % 117, , , , , , , , , , , , % % % % 72, , , , , , , , , , , , , , , , , , ,

224 68.3% 58.7% 69.4% ( ) (i)(ii) (iii) % % % % 67, , , , , , , , , , , , , , , , % % % % 101, , , , , , , , , , , ,

225 10% 28% 66% : +20% (14,511) (15,891) (4,246) (7,716) +10% (7,256) (7,945) (2,123) (3,858) -10% 7,256 7,945 2,123 3,858-20% 14,511 15,891 4,246 7,716 : +132% (31,762) (52,763) (11,825) (16,751) +66% (15,881) (26,382) (5,912) (8,375) -66% 15,881 26,382 5,912 8, % 31,762 52,763 11,825 16,751 : +56% (4,556) (5,839) (1,791) (2,035) +28% (2,278) (2,920) (896) (1,018) -28% 2,278 2, ,018-56% 4,556 5,839 1,791 2,

226 % % % % 11, , , , , , , , , , , , % % % % 16, , , , , , , , , % 16.0% 17.0% 218

227 (i) (ii) ; (iii) % %

228 % % % % 1, , , Guarforce Engineering Consultants Ltd. GEC GEC 1% 2%GEC GEC

229 GEC GEC GEC GEC (1) (2) GEC GEC (3) GEC (1) GEC (2) GEC GEC 221

230 (3) GEC GEC (1) GEC GEC (2) GEC (1) GEC (2) GEC GECGEC 222

231 % % % % 3, , , , , , , , , , ISO 223

232 % % % % % 12% % 16.8% 16.1% %

233 % % 72.1%(i) G H A (ii) F (iii) % % 25.2% , , % 2.7% % % % % 225

234 % (i) G H A (ii) F (iii) % 20.7% %

235 % % 15.4% 11.7% 20.7% , , % % (i)0.8(ii) 104,000(iii)26, , ,

236 % % % 9.3% % % % 76.3% % % 21.7% % 2.0% 228

237 % % % % % % (i) HK (ii) 19.3% 21.6% , J

238 % % % % % 16.9% 230

239 ,000 45, % % , , ,000 59, ,000 35, , , %

240 A ,371 1,359 1,206 17,155 32,071 38,395 1,692 24,916 43,641 44,713 33,083 28,784 2,495 5,601 4,761 9,744 8,231 6,231 33,276 19,455 18, , , ,399 54,756 54,043 48, ,879 2, ,074 1,911 1,640 4,300 4,300 10,979 34,997 33,154 6,386 1,693 4,498 5,778 99,485 99,997 75,777 22,876 37,786 36,622 24,247 39,145 37, ,873 38,860 37,828 23,873 38,860 37,828 23,873 38,860 37,

241 (i) (ii) (iii) ,792 16,698 17,418 8,811 13,406 16, ,967 4,658 17,155 32,071 38, % 50%

242 % ,697 9,883 10, ,985 3, , , , ,792 16,698 17, ,165 7,498 10, ,390 8,823 3, , , ,627 9,200 6,801 7,792 16,698 17,

243 : % 50% % 235

244 ,609 1,692 (167) (750) (1,692) 1, (i) (ii) (iii) (iv) 5% 236

245 , ,800 94,750 (68,341) (99,038) (52,316) 24,576 41,762 42,434 24,916 43,641 44,713 (340) (1,879) (2,279) 24,576 41,762 42,434 (i) (ii)

246 (i) (ii) %41.7%36.0% % 22.9% % %

247 ,083 28,784 6,679 4,300 4,300 4,300 34,997 33,154 6,386 A ,495 5,601 4, , , ,

248 ,744 8,231 6, , , ,

249 ,810 35,653 36,679 3,121 3,958 3,958 25,825 14,432 8,078 54,756 54,043 48, ,324 13,587 13, ,618 3,596 2, ,975 5,158 2, ,893 13,312 17,722 25,810 35,653 36,

250 % % 37.3% % % 48.3%

251 Guarforce Engineering Consultant Ltd.GEC GEC GEC GEC

252 %78,497 30% 448,057 78,4975%

253 (a) (b) (c) (d) (e) 245

254 ,155 32,071 38,395 60,592 1,692 24,916 43,641 44,713 51,683 33,083 28, ,495 5,601 4,761 4,019 9,744 8,231 6,231 6,216 33,276 19,455 18,299 19, , , , ,004 54,756 54,043 48,715 72, ,879 2,279 2, ,074 1,911 1,640 1,365 4,300 4,300 10,979 10,850 34,997 33,154 6,386 7,937 1,693 4,498 5,778 7,292 99,485 99,997 75, ,859 22,876 37,786 36,622 40,

255 (i) 14.9 (ii) 18.7 (iii) 1.8 (iv) 13.8(v) (i) 6.7 (ii)1.2 (iii) 28.8 (iv) 26.8 (v) (i) 22.2 (ii)23.4 (iii) 7.0 (iv)

256 ,877 33,276 19,455 18,159 (17,668) (7,727) (9,413) 5, (5,347) (1,644) 5,876 33,276 19,455 18, (i)11.1 (ii) 3.2 (iii)13.2(iv) 2.1(i) 10.4 (ii) (i)18.8 (ii) 1.5 (iii)1.5 (i)14.9 (ii) 18.7 (iii)3.1(iv)

257 i) ii) (i)0.6 (ii) 6.3 (iii)5.3(iv) 1.1(i) 0.4 (ii)0.8 (iii) 1.2(iv) (i) 10.0(ii) (i) 4.3(ii)

258 (i) 2.8(ii) ,074 1,911 1,640 1,365 4,300 4,300 10,979 10,850 34,997 33,154 6,

259 , , ,074 1,911 1,640 1,

260 % 5.0% 4.5% 4.5% 4.5% (i) (ii) (iii) Leung To Hong :

261 , , ,482 29,641 27,542 25,391 (i) (ii) (iii) (iv) (v) Leung To Hong Leung To Hong 5,000,

262 (iii) Leung To Hong % 16.0% 17.0% 2 7.1% 9.3% % 38.6% 7 7.0% 10.8% :

263 % 16.0% 17.0% % 9.3% (i) (ii) % % % %

264 ,

265 (i) 8.6 (ii)

266 B 258

267 Guardian Team A B i)ii) % 16.3% % B

268 A

269 Guardian Team Guardian Team 0.3Guardian Team Guardian Team B B ,574 52,783 19,152 19,206 (45,024) (45,540) (16,270) (16,299) 7,550 7,243 2,882 2, (7,684) (6,728) (2,026) (2,562) 599 1,168 1, (102) (173) (155) (85)

270 % % % % 5, , , , , , , , , , , , , % (i)5.3 (ii) % 262

271 % % % % 29, , , , , , , , , , , , , , % % % 80.1% % 13.7% % 15.1% 263

272 (i) (ii) (iii) % 16.0% 17.0% % 13.7% 15.1% % % % % , , , , , , , , % % % % % 264

273 % % % 6.6% % % % % 2, , , , , , , , , , ,

274 (i) (ii) % %

275 B ,676 14,322 14,972 22, ,997 33,154 6,386 6, ,104 4,921 8,301 9,482 50,838 52,397 29,679 39,242 10,338 16,492 21,326 30,598 33,635 28,009 7,500 7,937 7, ,376 52,251 29,513 38,859 6,

276 , ,110 8,104 4,921 2,653 2,488 3,536 (85) (45) (136) (574) (5,626) (20) 8,104 4,921 8, (i) 1.5 (ii) 4.5(iii)0.6 (i) 2.1 (ii)

277 (i) 1.6 (ii) 1.8(iii) (i) 0.7 (ii) 4.8 (iii)0.7(iv) ,000 85, ,000 45, ,

278 ,000 45, ,

279 (i) (ii) (iii) (i) (a) D ERP (b) % 271

280 (c) d % (ii) (i) ;(ii) ;(iii) ;(iv) v 272

281 (iii) (a) % (b) % (c) % (d) % (e) %3D ERP (f) % 273

282

283

284 D ERP 3D ERP 50%

285 D ERP 3D ERP 25%

286 D ERP 3D ERP 25% % 278

287 (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) 279

288 30,000,000 (a) (b) 280

289 (a) (i) (ii) (iii) (iv) (v) (vi) 281

290 (vii) (viii) (ix) (x) (xi) (xii) (xiii) (xiv) 282

291 (1) (b)(v) (2) (3) (4) (b) (i) (ii) (iii) (iv) 283

292 (v) (vi) (vii) (viii) (ix) (x) (c) (a)

293 (b) (c) (a) (b) (a) (b)

294 (a) 13.16A(1) (i) (ii) (iii) 13.16A(1) (ii)

295 (b) (i) 13.18(1) 13.18(4) 17.43(1) (4) (ii) (i) Alderhill 287

296 9% A (7) 25% 288

297 (a) 30,000,000 (b) 270,000,000 30,000,000 10% 2.5% 289

298 15,000,000 30,000,00050% (a) ,000,000 30% (b) ,000,000 40% (c) ,000,000 50% 290

299 270,000,000 90% 22.5% 291

300 ,000 4,

301 www.hkexnews.hk

302 30 (i) (ii) (iii) (i) (ii)

303 ,

304 S i ii 296

305 3. (i) (ii) (i) (ii) (i)

306 95 32 A2 (ii) A

307 (i) (ii) (iii) (iv) (v) (vi) (vii) (viii) 299

308 (ix) (x) (xi) (xii) (i) (ii) SS 902(h)(3) (xiii) (xiv) (xv) (xvi) (xvii) (xviii) 300

309 (xix)(i) (ii)

310 E (

311 (i) (ii) 303

312 40 304

313 305

314 20,000 20, (1) (1) (1) (1) (1) (1)

315 E 7. (i) (ii)

316 9. 20,000 20,

317 www.vistarholdings.com

318 12. (i) E (ii) (iii) 310

319 (iv) 50%

320 14. (i) (ii)

321 (i) 1,000, ,000, (ii) 1,000,000 1,000,

322 (iii) 1,000, ,000, (iv)

323

324 A IA-4 IA IA-4 IA II IA-1

325 A II 2 4 II II II 2 4 IA-2

326 A IA-4 P IA-3

327 A I , ,167 40,429 67,008 (106,169) (135,342) (34,596) (55,615) 16,680 25,825 5,833 11, ,842 1, (8,028) (8,736) (3,027) (3,363) (7,917) 10 (232) (149) (47) (35) 9 10,262 18,024 3, (1,541) (3,037) (546) (1,322) 8,721 14,987 2,510 (1,032) IA-4

328 A ,371 1,359 1, ,155 32,071 38, , ,916 43,641 44, ,083 28, ,495 5,601 4, ,744 8,231 6,231 33,276 19,455 18, , , , ,756 54,043 48, ,879 2, ,074 1,911 1, ,300 4,300 10, ,997 33,154 6,386 1,693 4,498 5,778 99,485 99,997 75,777 22,876 37,786 36,622 24,247 39,145 37, ,873 38,860 37, ,873 38,860 37,828 23,873 38,860 37,828 IA-5

329 A IA-6

330 A * # ,628 2, ,152 8,721 8, ,349 2, ,873 14,987 14, ,336 2, ,860 (1,032) (1,032) ,304 2, , ,349 2, ,873 2,510 2, ,859 2, ,383 # 25% * IA-7

331 A ,262 18,024 3, (15) (119) (2) (74) (7) (83) (50) (29) 167 (28) (54) ,132 18,815 3, ,200 (14,916) 2,329 (6,324) (10,417) (18,725) (4,601) (1,072) (1,262) (3,106) 1, ,513 (4,281) 2,000 13,233 (713) (13,147) (5,328) (588) 1, ,065 (1,843) 4,872 1,241 18,277 (17,436) (10,265) (7,685) (118) (232) (73) (42) 18,159 (17,668) (10,338) (7,727) (328) (761) (20) (82) (10,035) 4,299 (5,224) , (9,413) 5,491 (5,215) 695 IA-8

332 A (2,793) (1,163) (603) (271) (348) (332) (147) (497) (196) (124) (47) (27) (40) (25) (8) (1,970) 6,679 (5,347) (1,644) (797) 5,876 3,399 (13,821) (16,350) (1,156) 29,877 33,276 33,276 19,455 33,276 19,455 16,926 18,299 33,276 19,455 16,926 18,299 IA-9

333 A II P.O. Box 1350, Clifton House, 75 Fort Street, Grand Cayman KY1-1108, the Cayman Islands Guardian Team Limited Guardian Team % ,500, % 3 31 Guardian Team IA-10

334 A IA-11

335 A IA-12

336 15 15 (i)(ii) , A IA-13

337 A 4. (a) (b) 2 (c) IA-14

338 50 (d) (i) (ii) A IA-15

339 A (e) (i) (ii) IA-16

340 A (iii) (iv) (v) (vi) (i) 37 (ii) 18 (vii) 39 (f) IA-17

341 A (g) (h) (i) (ii) (iii) (iv) (i) IA-18

342 A (j) (k) (i) 12 (ii) (iii) (l) IA-19

343 A (m) (n) (o) (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) (viii) IA-20

344 A (i) (ii) (iii) 5. (i) (ii) IA-21

345 A 6. (a) ,622 38,810 4, ,849 11,832 4, ,680 1,842 (3,619) (4,409) (232) 10, , IA-22

346 A ,224 40,554 4, ,167 17,287 8, ,825 1,084 (4,458) (4,278) (149) 18, , ,101 14,532 1,375 67,008 8,313 3, , (1,971) (1,392) (7,917) (35) , IA-23

347 A ,297 14,965 1,167 40,429 3,319 2, , (1,682) (1,345) (47) 3, (b) 10% I 19, II 18, III 1 34, IV ,596 V ,413 VI 1 1 8, % IA-24

348 A , ,224 24,297 51,101 38,810 40,554 14,965 14,532 4,417 4,389 1,167 1, , ,167 40,429 67, , ,842 1, IA-25

349 A ,225 14,227 4,678 5, ,754 14,885 4,881 5, IA-26

350 A 11. (i) ,473 2, , ,541 3, , % 12% ,262 18,024 3, ,640 2, (220) (130) ,298 (20) (20) (20) 1,541 3, ,322 (ii) IA-27

351 A 12. (a) , , IA-28

352 A (b) ,164 1, ,218 1, ,000, (c) ,000, IA-29

353 A , ,805 1, , (265) (265) , ,836 1, , (470) (470) , ,374 1, , (43) (43) , ,386 1, , , ,475 1, , (265) (265) , ,577 1, , (439) (439) , ,789 1, , (43) (43) , , , , , , ,206 (a) (b) IA-30

354 A ,792 16,698 17,418 8,811 13,406 16, ,967 4,658 17,155 32,071 38, ,697 9,883 10, ,985 3, , , , ,792 16,698 17, % 1250% ,502,000 2,523,000 2,897, IA-31

355 A ,165 7,498 10, ,390 8,823 3, , , ,627 9,200 6,801 7,792 16,698 17, ,502,000 2,523,000 2,897, ,609 1,692 (167) (750) (1,692) 1,692 IA-32

356 A , ,800 94,750 (68,341) (99,038) (52,316) 24,576 41,762 42,434 24,916 43,641 44,713 (340) (1,879) (2,279) 24,576 41,762 42, (a) ,048 31,662 26,189 31,662 38,306 26,189 1,421 2,595 1,421 2,595 2,595 23,048 33,083 28,784 (b) , ,679 IA-33

357 A (c) Leung To Hong 4,300 4,300 4, (a) (c) 25,810 35,653 36,679 (b) 3,121 3,958 3,958 (d) 25,825 14,432 8,078 54,756 54,043 48,715 (a) ,324 13,587 13, ,618 3,596 2, ,975 5,158 2, ,893 13,312 17,722 25,810 35,653 36,679 IA-34

358 A (b) (c) (d) ,000 2,975,000 2,975, Ying Fai Company LimitedYing Fai1,600, Guarforce Engineering Consultant Ltd. GEC 24,082,000 11,851, GEC IA-35

359 A % 6.3% 3.7% 6.3% (a) 1, (b) 1,911 1, ,074 1,911 1,640 (a) % 5.0% 4.5% 4.5% (b) (c) (i) (ii) Leung To Hong IA-36

360 A , , ,074 1,911 1, ,000 38,000, Reid Services Limited Reid Services Limited Success Step Management Limited IA-37

361 A 27. (a) Ying Fai GEC ,700 7,200 2,600 (1,583) (797) (249) 4,182 (57) (57) (19) (19) ,760 6,834 3,049 1, (b) ,482 29,641 27,542 IA-38

362 A (i) (ii) (iii) Leung To Hong (iv) Leung To Hong 5,000,000 (v) (iii) (a) 16,714 30,308 33,980 33,083 28,784 2,495 5,601 4,761 9,744 8,231 6,231 33,276 19,455 18,299 (b) 1,692 (a) 54,756 54,043 48, ,074 1,911 1,640 4,300 4,300 10,979 34,997 33,154 6,386 IA-39

363 (a) (b) (a) A IA-40

364 A (b) % (31) (19) (2) (2) -1% (c) IA-41

365 A ,756 54,756 54, ,074 3,074 3,074 4,300 4,300 4,300 34,997 34,997 34,997 97,826 97,868 97, ,043 54,043 54, ,911 1,911 1,911 4,300 4,300 4,300 33,154 33,154 33,154 93,905 93,931 93, IA-42

366 A ,715 48,715 48,715 1,640 1,640 1,640 10,979 10,979 10,979 6,386 6,386 6,386 67,720 67,720 67, ,074 3,286 1, , ,911 2, ,640 1, (d) IA-43

367 A ,074 1,911 1, ,773 2,408 1,640 23,873 38,860 37, % 6.2% 4.3% ,009, ,009, (348) (40) 5, (2,989) 3,074 6,270 (1,970) 4,300 IA-44

368 A (332) (25) 3, (1,287) 1,911 4,300 4, (497) 8 (8) 1, (298) 1,640 4,300 6,679 10, (147) 552 3, (650) 2,471 4,300 4, (a) IA-45

369 A (b) , ,972 6, ,301 (21,326) (7,937) (250) (4) (331) 14,972,000 17,055,000 2,083, , ,116 56,532 84,390 9,218 15,982 3,413 (595) IA-46

370 A (c) Vistar Alliance LimitedVistar Alliance Vistar Alliance Vistar Alliance Vistar Alliance Vistar Alliance ,800 (d) ,762,000, ,000 38,000,000 (e) IA-47

371 B IB-4 IB IB-4 IB II IB-1

372 B II 3 II II II 3 IB-2

373 B IB-4 P IB-3

374 B I ,574 52,783 19,152 19,206 (45,024) (45,540) (16,270) (16,299) 7,550 7,243 2,882 2, (7,684) (6,728) (2,026) (2,562) ,168 1, (102) (173) (155) (85) IB-4

375 B ,676 14,322 14, ,997 33,154 6, ,104 4,921 8,301 50,838 52,397 29, ,338 16,492 21, ,635 28,009 7,500 7, ,376 52,251 29,513 6, , , , , IB-5

376 B ,239 6, ,736 6, (7,500) (7,500) (437) (437) ,736 6, ,639 7,739 IB-6

377 B ,168 1, ,505 1,593 1, ,545 (6,968) 488 (747) (2,065) 1,843 (4,872) (1,241) (61) 61 (1,852) 581 6,154 1,985 4,834 2,653 2,683 (1,172) 3,536 (195) 2,653 2,488 (1,172) 3,536 (85) (45) (136) (85) (45) (136) IB-7

378 B (574) (5,626) 1,092 (20) (574) (5,626) 1,092 (20) 1,994 (3,183) (80) 3,380 6,110 8,104 8,104 4,921 8,104 4,921 8,024 8,301 8,104 4,921 8,024 8,301 IB-8

379 B II C (2) 407(2) (3) IB-9

380 B ( ) IB-10

381 B (i) (ii) , IB-11

382 B 3. (a) (b) IB-12

383 B (c) (d) (i) (ii) IB-13

384 B (iii) (iv) (v) (vi) 39 (e) IB-14

385 B (f) (g) (i) (ii) (iii) (h) (i) IB-15

386 B (j) (i) 12 (ii) (iii) (k) (l) IB-16

387 (m) (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) (viii) (i) (ii) (iii) 4. B IB-17

388 B (i) (ii) 5. IB-18

389 B (a) ,559 43,819 3,196 52, , , (2,524) (5,160) IB-19

390 B ,145 3,638 52,783 7, , (2,923) (3,805) 1, ,357 1,849 19,206 2, , (1,128) (1,434) IB-20

391 B ,785 1,367 19,152 2, , (727) (1,299) 1, (b) 10% I 5, II 9, III 1 11, ,705 IV 1 7,475 3,187 1 V 1 1 3,129 1 VI 1 1 2,931 1 VII ,101 VI % IB-21

392 B ,559 43,819 49,145 17,785 17,357 3,196 3,638 1,367 1,849 52,574 52,783 19,152 19, ,352 4,616 1,550 1, ,560 4,828 1,620 1, IB-22

393 B % ,168 1, % (1) 3 (20) (20) IB-23

394 B 10. (a) IB-24

395 B (b) ,428 1, ,495 1, ,000, IB-25

396 B (c) ,000, (122) 20 (102) (136) 5 (131) (85) (85) (4) (4) ,000 IB-26

397 B ,817 2, ,902 2, ,925 2, (746) (1,759) (2,505) ,597 2, ,740 2, ,832 2, (737) (1,720) (2,457) ,483 13,098 13, ,676 14,322 14,972 IB-27

398 B ,844 2,398 2, ,486 7, , ,355 2, ,483 13,098 13, % 2450% , ,664 1,664 1, ,664 1,986 1,804 2,083 IB-28

399 B , , ,502 6,351 7, ,016 2, , ,658 2, ,521 12,376 12,341 6,483 13,098 13, ,114 54,114 54,114 (54,053) (54,114) (54,114) IB-29

400 B ,932 34,997 33,154 6,386 34,997 39,869 33, (a) 8,533 14,926 19,655 (b) 1,362 1,362 1, ,338 16,492 21,326 (a) ,303 14,075 14, ,437 8,533 14,926 19,655 (b) ,362,000 IB-30

401 B , , , IB-31

402 B 21. (a) ,760 6,834 3,049 1, (b) ,669 14,322 14,972 34,997 33,154 6, ,104 4,921 8,301 10,338 16,492 21,326 33,635 28,009 7,500 7,937 IB-32

403 B 24. (a) (b) IB-33

404 B ,338 10,338 10,338 33,635 33,635 33,635 43,973 43,973 43, ,492 16,492 16,492 28,009 28,009 28,009 7,500 7,500 7,500 52,001 52,001 52, ,326 21,326 21,326 7,937 7,937 7,937 29,263 29,263 29,263 (c) IB-34

405 B ,635 28,009 33,635 28,009 6, % 8,462% 25. 1,000, ,009, ,009, ,209 (574) 33, ,635 (5,626) 28,009 7,500 7,500 IB-35

406 B ,009 (20) (28,009) (20) 7, , ,635 1,092 34, IB-36

407 A AB I (a) (i) A (ii) B IIA-1

408 A (b) (i) A (ii) B (c) IIA-2

409 A , ,375 38,395 14,972 53,367 44,713 44,713 6,386 (6,386) ,761 4,761 6,231 6,231 18,299 8,301 (331) 26, ,399 29, ,361 48,715 21,326 70,041 2,279 2,279 1,640 1,640 10,979 10,979 6,386 (6,386) 7,937 7,937 5, ,028 IIA-3

410 A ,777 29,513 98,904 36, ,457 37, , , , (100) 37, (231) 37,828 37, ,828 IIA-4

411 A ,167 52,783 (6,834) 207,116 (135,342) (45,540) 7,487 (173,395) 25,825 7,243 33,721 1, (710) 1,027 (8,736) (6,728) 57 (15,407) (149) (149) 18,024 1,168 19,192 (3,037) (173) (3,210) 14, ,982 IIA-5

412 A ,024 1,168 19, (119) (119) (7) (7) (50) (50) (54) (54) ,815 1,593 20,408 (14,916) (6,968) (21,884) (18,725) 61 (18,664) (3,106) (3,106) 1,513 1,513 1,539 1,539 1,843 (1,843) (713) 6,154 5,441 (1,843) 1,843 (17,436) 2,683 (14,753) (232) (195) (427) (17,668) 2,488 (15,180) IIA-6

413 A (761) (45) (806) ,299 4, ,746 1, ,491 (45) 5,446 (1,163) (1,163) (332) (332) (124) (124) (25) (25) (5,626) (5,626) (1,644) (5,626) (7,270) (13,821) (3,183) (17,004) 33,276 8,104 (331) 41,049 19,455 4,921 24,045 IIA-7

414 A 1. A B ,000 (a) ,972 6, ,301 (21,326) (7,937) (250) (4) IIA-8

415 A (b) (a) (331) IIA-9

416 A II AA-3 A A I A IIA-10

417 A (7) IIA-11

418 A (a) (b) (c) 7.31(1) IIA-12

419 B A I ,828 35,727 73, ,828 52,107 89, IIB-1

420 B A ,828, ,000, ,200,000, IIB-2

421 B II B IIB-1 IIB-2 B I A IIB-3

422 B (7) IIB-4

423 B (a) (b) (c) 7.31(1) IIB-5

424 III-1

425 MRICS MHKIS RPS (GP) III-2

426 /1, , UB ,600, UB () Vistar Alliance Limited( ) S/H20/23 4. a UB b UB c. Vistar Alliance Limited 13,300, d. S.24(1) UBCSI/08-47/0039/ III-3

427 6. Vistar Alliance Limited , a ,033 4,887 4,631 b. III-4

428 (a) (b) (a) (i) (ii) IV-1

429 (iii) (a) (b) (c) (d) (e) (f) (g) (iv) IV-2

430 30 (v) IV-3

431 (vi) (vii) IV-4

432 (b) (i) IV-5

433 (aa) (bb) (cc) (dd) (ee) (ff) (gg) (hh) IV-6

434 (ii) IV-7

435 (iii) (iv) (v) IV-8

436 (vi) (vii) IV-9

437 (viii) (aa) IV-10

438 (bb) (cc) (dd) (i) (ii) (ee) (ix) (c) IV-11

439 (d) (i) 15 (ii) (a) (b) IV-12

440 (A) (B) (C) (iii) 15 IV-13

441 (iv) (i) (ii) 95% IV-14

442 (v) (vi) IV-15

443 (e) IV-16

444 (f) (i) (ii) (iii) (aa) (bb) IV-17

445 20 (g) IV-18

446 (h) 3(f) (i) (i) (ii) (j) IV-19

447 (a) (b) (i) (ii) (iii) 37 (iv) (v) IV-20

448 (c) (d) IV-21

449 37A(1) (e) (f) Foss v. Harbottle IV-22

450 (g) (h) (i)(ii) (iii) 2013 (i) IV-23

451 (j) 2011 (i) (ii) (aa) (bb) 20116(3) (k) (l) (m) IV-24

452 (n) 2013 (o) 60 (p) (i) (ii)(iii) IV-25

453 (i) (ii) (q) 75% IV-26

454 (r) 90% (s) 4. IV-27

455 A. 1. (a) (b) ,000 38,000, (a) Reid Services Limited Reid Services Limited Success Step Success Step Noble Capital Legend Advanced (b) ,762,000, ,000 38,000,000 (c) 12,000,000 1,200,000,000 2,600,000,000 V-1

456 A A (a) 3,762,000, ,000 38,000, ,000,000 3,800,000, (b) (c) (i) (ii) (iii) (i) V-2

457 (ii) (d) 8,999, ,990, (e) 20% V-3

458 (f) 10% (g) (e) (f) (a) (b) V-4

459 % : (i); (ii) (iii) (c) (d) (e) V-5

460 (f) 1,200,000, ,000,000 (g) 26 V-6

461 B. 1. (a) (b) (c) (d) (e) Guardian Team Success Step Noble Capital Legend Advanced 4,185 3, Guardian Team , (a) 1 A B A B A B V-7

462 (b) (c) vistarholdings.com C. 1. (a) XV XV V-8

463 ,500, % ,500, % ,000, % (1) (2) 1,200,000,000 (3) Success Step Success Step 418,500,000 6 Legend Advanced 90,000,000 Success Step508,500,000 (4) Alderhill Noble Capital Alderhill Noble Capital 391,500,000 6 Legend Advanced 90,000,000 Noble Capital481,500,000 (5) Legend Advanced 40% 30% 30% Legend Advanced 90,000,000 (6) Legend Advanced Success Step Noble Capital Success Step Noble Capital Legend Advanced 90,000,000 V-9

464 (b) XV2 3 10% 1 2 Success Step ,500, % 90,000, % 508,500, % Noble Capital ,500, % 90,000, % 481,500, % ,500, % ,500, % Legend Advanced 6 90,000, % Deng Anna Man Li 7 508,500, % Lau Sze Mun 8 481,500, % Roberts Christopher John 90,000, % 9 V-10

465 (1) (2) 1,200,000,000 (3) Success Step Success Step 418,500,000 5 Legend Advanced 90,000,000 Success Step508,500,000 (4) Alderhill Noble Capital Alderhill Noble Capital 391,500,000 5 Legend Advanced 90,000,000 Noble Capital481,500,000 (5) Legend Advanced Success Step Noble Capital Success Step Noble Capital Legend Advanced 90,000,000 (6) Legend Advanced 40% 30% 30%Legend Advanced 90,000,000 (7) Deng Anna Man LiDeng Anna Man Li (8) Lau Sze MunLau Sze Mun (9) Roberts Christopher John Roberts Christopher John V-11

466 D. 1. (3) (3) (3) (1) 1,002, , , , , , ,000 V-12

467 ,000 1,515, ,036,000 E (a) (b) (c) (d) (e) (f) V-13

468 3. (a) 30% (b) 10%120,000,000 (c) (a)(d) 23.03(3) (1) % V-14

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