01106 2017
www.1106hk.com 183 22 is-ecom@hk.tricorglobal.com 1 2017
3 4 6 7 23 24 27 28 39 40 50 51 54 55 56 57 58 59 60 62 63 172 173 174 2017 2
Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 168 200 28 2816 183 22 01106 www.1106hk.com 3 2017
33 705 600234.SH 49University of GlamorganCardiff Business School 1029 25 38Leeds Metropolitan University 872 GEM GEM 8100 2017 4
42 20 600234 1246 40 15 4115 GEM 8055 39 15 GEM GEM 8150663 5 2017
46 370 64 20 198 1010 329 41 673 3188121 8476 2017 6
686,000,000565,600,00021.3% 106,100,00099,800,0006.3% 17.6%15.5% 53,900,00043,900,000 169,900,0003,100,000 16,200,000 500,000 Arch Partners Holdings LimitedArch Partners 9,900,000 18,900,000 7 2017
1,700,000 60,000,000Yong Tai Berhad Yong Tai 667,100,000 354,400,00010% 16% 10% 15%65,300,000 11,400,000 6,500,0001,800,000 100,000,000 100,000,000100 2017 8
28,500,00024,800,000 3,200,000 2,700,00016,100,000 14,700,00027,000,000 110,000,000 921,200,000 580,100,000 58.8% 160,700,000 53,900,000120,400,000 181,600,000 110,600,00064.2% 65,300,00011,400,00019.1%19.7% 9,900,000 7,600,00031.2% 9 2017
84,700,000 208,300,000 Yong Tai 39.44%Yong Tai Yong Tai 0.9 182,500,000 Yong Tai Berhad Yong Tai 164,250,000 296,662,000 0.80 26,900,000 17,500,000 Yong Tai 150,000,000 Yong Tai 0.80 1.48 150,000,0001.10 165,000,000 289,874,000 1.10 18,900,000 84,700,000 Yong Tai 2017 10
131,600,00011.8%147,100,000 5,600,000 1,000,000 8,300,00025,700,000 0.03642,000,000 1,512,0008,700,000 0.030.036 3,780 248,2201,700,000 11 2017
Siam Air Transport Co., Ltd Siam Air40,807,000 Siam Air 46,204,000 Siam Air 46,204,000 112,000,000 18,700,000 300,0001,800,000Yong Tai 72,600,000 39,600,000 83.3% 200,000,000 10% 2017 12
6,600,00034.8% 4,300,000 92,600,00018,700,000 73,900,000 100% 100,000,000 20,000,000 80,000,000 85% Master Race Limited 110,000,000 22,000,000 88,000,000 Master Race Limited 17,300,00084,000 9,600,00014 Master Race14,700,000 16,100,000 13 2017
5%0% 3%0% 14,700,000 16,100,000 686,000,00021.3% 2017 14
1,700,000 60,000,000 65,300,00011,400,000 95% 4,404,000 Incola Air Services Limited 2,200,000 15 2017
Arch Partners Holdings Limited Arch Partners100 154,700,000Arch PartnersArch Partners158,500,000 9,200,000 Chung Sun Financial Holding Limited Chung Sun60% Chung Sun Chung Sun49 5,000,000 Chung Sun 40 9,334,360 5,000,0004,334,360 Oriental Queen Co., Ltd. Oriental Queen Oriental Queen (i) (ii)(iii) 5,000,000 1,280,000,000 302,080,000 2017 16
(i) (ii) Amazing Sunrise Limited 100%1,000,000,000 1,000,000,000 40,000,000 Cambodian MJ Airlines Co., Ltd. 17 2017
1,230,560,000 0.13 1,225,200,000 735,100,000 5,600,000 400,000 115,900,000 22,500,000 861,700,000 958,700,000 184,700,000 165,900,000464,000,000 360,000,000 150,100,000 374,400,000 12,500,000 37,700,000 150,100,000 374,400,000 251,600,000150,100,000 122,800,000 52,600,000 292,900,00097,500,000 81,500,000 5.6% 7.00% 4.35% 7.00% 4.79% 24.0% 4.79% 6.40% 2017 18
280,000,000 280,000,0008.6% 8% 8.6 200,000,00012 10% 12 13% 1,397,000,000 10,000,0006 1,994,400,000 1,831,400,000 874,300,000 996,400,000 43.8%54.4% 19 2017
Arch Partners Holdings Limited 100 154,700,000(i)11,408,000(ii) 280,000,000(iii) 112,000,000 0.13 1,230,560,000 10.37% 0.149 160,000,000155,800,000 0.127(i) 50,000,000 (ii) 50,000,000 (iii)55,800,000 Prosper Talent Limited 200,000,000 80,000,000 10% 697,000,000 2017 20
120,000,000 10% 700,000,000 24 13% 24 16,000,000 24 24,000,000 10,000,0006 10,000,0009,900,000 1,035,289,025 8.73%277,192,100108,697,036 21 2017
45,899,0120.145 6,655,00045,899,012 2,754,000 460440 358,990,124 21,539,000 277,192,100 375,000,00030,000,000,000 0.012511,863,360,252 2017 22
351,200,000 21,200,000 85,200,00079,200,000 280,000,000280,000,000 23 2017
(1)(2)(3) (4) (1) Master Race Limited 85110,000,00022,000,000 88,000,000 8 8 Master Race Limited Master Race Limited Master Race Limited 8 8 8 8 1008 8 217,000,000 8 8 2017 24
(2) 144.9 154.7Arch Partners Holdings Limited 100 Arch Partners Holdings LimitedArch Partners (i)11,408,000(ii) 280,000,000(iii) 112,000,000 Arch Partners Holdings Limited Arch Partners Arch Partner 15 15 3 10%19.0 150,900,000 25 2017
3 9 21.0 158.5 9.2 (3) 53.6 25.9 2017 26
(4) 2 JAA Capital Limited JAA Jet AsiaAirways Company Limited Jet AsiaJet Asia2,000,000 15,528,000JAA Jet AsiaJAA Jet Asia JAA 27 2017
47(a) 23% 64% 17% 48% 5% 55 56 57 58 155 159 2017 28
173 16 35 36 37 39 594047(b) 931,120,000811,971,000 1,171,546,000970,990,00016,632,00018,786,000 98,464,000 117,000117,000 355,639,000177,922,000 29 2017
87 3.13 2017 30
37 1% 301 10 31 2017
(i) (ii) (iii) 10358,990,124 21,539,000145,096,048 45,899,012 45,899,012 573,000 8,836,00035,899,012 277,192,100 0.145 1.61 2017 32
1 35,899,012 35,899,012 0.145 0.14 2 500,000 500,000 0.145 0.14 3 35,899,012 35,899,012 0.145 0.14 4 35,899,012 35,899,012 0.145 0.14 5 35,899,012 (35,899,012) 0.145 0.14 6 300,000 300,000 0.145 0.14 7 100,000 100,000 0.145 0.14 8 100,000 100,000 0.145 0.14 144,596,048 (35,899,012) 108,697,036 168,495,064 168,495,064 313,091,112 (35,899,012) 277,192,100 0.145 0.14 1 2 3 4 5 6 7 8 33 2017
41 XV 352 % 35,899,012 1 0.30 35,899,012 1 0.30 500,000 1 0.004 35,899,012 1 0.30 300,000 1 0.003 100,000 1 0.001 100,000 1 0.001 1 2017 34
XV 2 3 XV 2 3336 % A Plus Capital Management Limited 1,882,060,000 1 15.86% Tiger Capital Fund SPC -Tiger Global SP 1,858,060,000 2 15.66% 1,914,060,000 3 16.13% Prosper Talent Limited 1,397,000,000 4 11.78% Summer Glitter Limited 1,446,400,000 5 12.19% 1,680,740,000 5 14.17% 740,140,000 6 6.24% 740,140,000 6 6.24% 697,000,000 7 5.88% 927,000,000 7 7.81% 35 2017
1 A Plus Capital Management Limited Tiger Capital Fund SPC - Tiger Global SP1,858,060,000 24,000,000 2 Tiger Capital Fund SPC - Tiger Global SP A Plus Capital Management Limited 3 Tiger Capital Fund SPC Tiger Global SP 4 Prosper Talent Limited CCBI Investments Limited1,397,000,000 CCBI Investments Limited 57.11% CCBI Investments Limited 5 Summer Glitter Limited 100% 234,340,000 1,680,740,000 6 100% 740,140,000 7 100% 230,000,000 927,000,000 2017 36
914A 37 2017
54 183 22 25% 57 2017 38
39 2017
A.6.7 A.6.7 A.6.7 A.4.1 A.4.1 2017 40
A.6.5 41 2017
2017 42
A.2.1 314 2 112 43 2017
23/31 0/2 31/31 1/1 2/2 26/31 1/1 0/2 27/31 0/2 12/26 0/2 18/31 0/2 26/31 2/2 1/1 1/1 0/2 20/31 2/2 1/1 1/1 0/2 28/31 2/2 1/1 1/1 1/2 2/26 0/2 2017 44
3.10 3.13 45 2017
2 (i) (ii) 1 500,000 1 16 9 10 2017 46
1 51 54 47 2017
3.29 15 1,400,000 680,000 2017 48
49 2017
58 168 20028 2816 20 2017 50
55 172 (i) 24 45(a) 110,000,000 Master Race LimitedMaster Race85% 22,000,000 88,000,000 2 81,452,000 81,846,000 Master Race 13,591,000 51 2017
(ii) 17(a)43 2017 52
(iii) 16 26 25,948,00053,600,000 (iv) 29(e) 15,528,000 53 2017
P05132 2017 54
5 921,156 580,057 (739,574) (469,425) 181,582 110,632 7 9,914 7,555 18 84,673 20 26,873 18 (18,879) 23 (16,049) (147,126) (131,550) 27 (1,012) 27 (6,603) (25,711) 30 (46,204) (5,579) 31 (18,741) 319 1,760 (19,877) 25,731 8 (72,554) (39,561) 8 (92,431) (13,830) 11 (4,307) (6,604) (96,738) (20,434) 14 (17,262) (9,598) (114,000) (30,032) 34,638 (40,333) 14,846 (44,014) 20 5,238 45,467 55 2017
10,708 5,134 (103,292) (24,898) (92,594) (18,740) (17,513) (12,336) 40 (110,107) (31,076) (4,144) (1,694) 251 2,738 (3,893) 1,044 (84,007) (8,508) 14 (18,220) (15,805) 40 (102,227) (24,313) (2,023) (2,711) 14 958 2,126 (1,065) (585) 13 (0.82 ) (0.38 ) (0.16 ) (0.25 ) (0.82 ) (0.38 ) (0.16 ) (0.25 ) 2017 56
15 11,096 10,925 16 389,208 348,289 17 144,929 142,000 18 293,588 19 29,837 28,443 20 36,828 346,702 21 55,000 11,408 22 21,434 3,339 23 3,059 96,094 24 153,537 25 10,983 38 7,624 26 53,600 53,600 917,135 1,334,388 27 5,557 360 28 36,796 24,704 19 757 704 29 395,042 325,813 30 667,110 354,437 32 4,083 6,608 33 115,867 22,496 1,225,212 735,122 34 184,677 165,956 35 464,000 360,000 36 150,070 374,406 62,986 58,344 861,733 958,706 57 2017
363,479 (223,584) 1,280,614 1,110,804 37 10,216 38 2,302 37,703 12,518 37,703 1,268,096 1,073,101 39 148,292 129,410 40 1,095,187 897,331 1,243,479 1,026,741 24,617 46,360 1,268,096 1,073,101 55172 2017 58
44,874 370,907 117 26,356 24,331 (118,936) 347,649 347,649 5,366 (5,366) (31,076) (31,076) 1,044 (30,032) (38,704) (38,704) (1,629) (40,333) 45,467 45,467 45,467 45,467 (38,704) (31,076) (24,313) (585) (24,898) 75,000 507,000 582,000 582,000 8,713 81,897 90,610 90,610 250 2,350 2,600 2,600 21,539 21,539 21,539 573 8,836 (2,753) 6,656 6,656 46,945 46,945 84,536 600,083 18,786 703,405 46,945 750,350 129,410 970,990 117 18,786 45,467 31,722 (14,373) (155,378) 1,026,741 46,360 1,073,101 6,501 (6,501) (110,107) (110,107) (3,893) (114,000) 31,810 31,810 2,828 34,638 14,846 14,846 14,846 (44,014) (44,014) (44,014) 20 5,238 5,238 5,238 (38,776) 46,656 (110,107) (102,227) (1,065) (103,292) 39(a) 15,382 140,442 155,824 155,824 39(b) 3,500 60,114 63,614 63,614 41 (2,154) 2,154 31 98,464 98,464 98,464 44 70 70 45 1,063 1,063 (20,748) (19,685) 18,882 200,556 (2,154) 98,464 1,063 2,154 318,965 (20,678) 298,287 148,292 1,171,546 117 16,632 6,691 38,223 98,464 33,346 (269,832) 1,243,479 24,617 1,268,096 59 2017
(90,564) (17,341) (3,515) (4,063) 72,554 39,561 32,916 25,417 627 574 710 695 5,971 (129) 14,743 43,049 24,139 46,204 5,579 (1,547) (1,434) 16,100 (26,873) 1,152 18,879 18,741 (99) 1,038 (84,673) (319) (1,760) 1,012 6,603 25,711 (10,296) (2,565) (101,201) 5,829 (358,877) (360,016) 9,985 35,496 (10,983) (358,206) (264,764) 1,547 1,434 (6,902) (8,317) (363,561) (271,647) 2017 60
(48,685) (31,505) (752) (301,235) 3,729 2,234 20 296,662 18 289,874 (9) 22 (21,434) (3,339) 21 (55,000) (11,408) (53,600) 50,000 43 40 44 (4,612) (272,746) 45 41,487 (153,578) (208,331) 140,793 136,523 2,525 (3,950) 491,049 (697,366) 197,834 603,681 (432,122) (356,548) 6,656 (70,784) (13,729) 37 10,000 39 155,824 582,000 35 120,000 80,000 35 (16,000) (35,248) 902,060 61 2017
92,240 (66,953) 1,131 (694) 22,496 90,143 115,867 22,496 113,955 20,741 1,912 1,755 115,867 22,496 43 63,613 90,610 24 152,783 31 79,723 21 d 11,408 2017 62
1. 22 47(a 2. 7 12 12 63 2017
2. 7 42 12 12 5 125 53,600,000 26 53,600,000 2017 64
2. 53,600,000 (i) 1,280,788 53,600 1,334,388 788,722 (53,600) 735,122 (ii) 325,247 (53,600) 271,647 643,766 53,600 697,366 65 2017
2. 2017 66
2. (i) (ii) 67 2017
2. 2017 68
2. 69 2017
2. 5 20 5 25 5 10 40 5 10 5 2017 70
2. 71 2017
2. 15 2017 72
2. (i)(ii) (a) (b) 73 2017
2. (i) (i) (ii) (iii) (i) (ii) (iii) 2017 74
2. (ii) (iii) (iv) 1 75 2017
2. (v) 2017 76
2. 3 31 (i) 77 2017
2. (ii) (iii) (iv) ; (v) (vi) (vii) viii 2017 78
2. 79 2017
2. 2017 80
2. 81 2017
2. i. ii. 2017 82
2. 83 2017
2. (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) (viii) 2017 84
2. (a) (b) (c) 85 2017
3. 1 28 1 40 1 2 1 4 94 1 9 1 15 1 1 22 2 16 2 2 23 28 2 9 2 17 3 10 4 28 1 2 3 4 9 15 16 2017 86
3. 9 : 9 939 1 2 39 9 99 9 9 87 2017
3. 9 39 39 939 939 9 9 9 2017 88
3. 9 9 9(1) (2) (3) 9 9 9 39 9 9 89 2017
3. 15 : 15 15 a b c d ; e 15 15 18 15 15 2017 90
3. 16 : 16 17 12 1617 16 16 4. 91 2017
4. 192,041,000186,166,000 17 2017 92
4. 93 2017
4. 36 39 17 20 24 27 31 37 41 Arch Partners Holdings LimitedArch Partners Group100 150,900,000 17 43 2017 94
4. 5. 686,031 565,633 30 65,268 11,351 151,826 9,147 3,073 8,884 921,156 580,057 14 28,468 24,794 6,546 1,818 35,014 26,612 956,170 606,669 95 2017
6. (a) (b) (c) (d) (e) (f) 2017 96
6. 686,031 565,633 169,857 3,073 65,268 11,351 6,546 1,818 28,468 24,794 956,170 606,669 53,946 43,994 1,717 60,037 (9,867) (18,922) 19,002 5,739 5,106 (845) (3,239) (2,666) (66,665) 87,337 1,148 1,288 (18,741) (67,429) (34,263) (72,207) (71,703) 90,564 (17,341) 97 2017
6. 101 99 1,049 213 3 394 1,122 1,547 1,434 24,056 23,215 15,075 2,483 30 15 995 972 68 1 40,224 26,686 26,873 26,873 18,879 18,879 16,049 14,743 27,000 14,743 43,049 16,100 16,100 46,204 5,579 46,204 5,579 84,673 84,673 6,603 25,711 6,603 25,711 319 1,760 319 1,760 4,937 5,108 188 190 67,429 34,263 72,554 39,561 6,556 4,712 (4,621) 24 2,372 1,868 1,783 6,087 6,090 12,691 24,364 32,256 27,704 196,000 149 3,276 52,068 231,681 150,900 146,346 150,900 146,346 2017 98
6. 613,214 524,962 64,999 363,658 428,563 188,555 696,552 342,857 180,083 91,459 1,803,328 1,691,574 293,588 153,537 40,000 11,408 7,624 53,600 53,600 150 2,303 34,144 4,745 49,964 12,292 2,142,347 2,069,510 284,810 242,943 3,231 62,722 49,642 4,239 1,868 41,445 1,845 99 2017
6. 351,771 340,974 43,251 41,481 5,013 2,354 251,600 464,000 360,000 10,216 874,251 996,409 2017 100
6. (i)(ii) 72,285 11,351 181 2,304 293,588 848,871 568,706 582,809 388,661 35,014 26,612 238,125 956,170 606,669 582,990 922,678 10% A 226,713 191,791 B 66,449 67,092 C 94,607 81,133 D 158,468 546,237 340,016 101 2017
7. 1,547 1,434 733 475 2,280 1,909 129 4,728 2,400 24 754 656 1,168 379 567 417 666 99 36 242 87 230 722 7,634 5,646 9,914 7,555 2017 102
8. a) 29,862 16,306 42,347 23,255 345 72,554 39,561 b) 101,517 75,355 4,867 4,203 20,939 106,384 100,497 c) 710 695 5,971 1,912 900 159,606 3,555 579,968 465,870 627 574 32,848 25,416 46,204 5,579 1,152 1,038 7,563 7,244 74,217,00017,511,00065,339,000 3,250,000 103 2017
9. (A) 180 9 189 960 63 1,023 600 192 792 560 41 601 525 16 541 116 116 120 120 120 120 120 120 105 105 3,406 296 25 3,727 2017 104
9. (A) 180 9 30 219 92 5 97 660 17 30 707 633 137 2,154 2,924 443 104 2,154 2,701 89 320 2,154 2,563 32 32 563 2,154 2,717 98 18 116 56 6 62 56 6 62 53 53 53 53 3,008 561 31 8,706 12,306 105 2017
9. (A) (B) (C) 10. 1,625 2,154 18 1,643 2,154 2017 106
10. 1,000,000 4 1,000,0011,500,000 1 2,000,0012,500,000 1 2,500,0013,000,000 4 5 5 11. 16.5% 25% 2 15 15% 2,372 1,868 38 (7,624) (5,252) 1,868 11,239 4,801 (1,616) 38 (64) (65) 9,559 4,736 4,307 6,604 107 2017
11. 14 5,808 6,087 38 (4,025) 1,783 6,087 6,090 12,691 (92,431) (13,830) 14% 22% (13,223) (3,045) 25,361 16,801 (5,271) (17,445) (53) (290) (1,931) 2,963 6,061 5,814 7,447 (7,624) (210) (2,870) (1,616) 97 (55) 4,307 6,604 2017 108
12. 13. (110,107) (31,076) 17,513 12,336 (92,594) (18,740) 109 2017
13. 10,352,800 3,589,901 677,651 1,065,574 195,616 209,481 6,011 11,093 11,226,067 4,882,060 (0.82 (0.38 (0.82 (0.38 17,513,000 12,336,000 0.16 0.25 2017 110
14. 5 35,014 26,612 (425) (135) 34,589 26,477 23 (14,743) (27,000) 17 (16,100) (1,879) (2,988) 1,867 (3,511) 11 (1,783) (6,087) 84 (9,598) 45 (17,346) (17,262) (9,598) (4,081) (17,262) (13,679) (18,220) (15,805) 958 2,126 (17,262) (13,679) 111 2017
14. a) 739 450 b) 425 135 68 1 699 124 (2,230) 2,982 (751) (1) (2,981) 2,981 45 15. 10,925 8,776 798 (602) (627) (574) 16 (8,316) 16 11,641 11,096 10,925 12,173 11,375 (1,077) (450) 11,096 10,925 43 44 55(ii) 2017 112
16. 56,695 2,918 107,525 12,874 188,538 9,974 66,034 6,914 451,472 4,530 22 10,498 1,141 15,133 955 5,414 255 37,948 919 442 2,198 1,487 1,101 11,646 34,231 52,024 44 44 44 221 14,625 (14,846) (2,672) (423) (3,095) 45 b (271) (271) (263) (3,636) (43) (9,971) (13,913) 62,102 710 131,210 14,809 203,671 12,030 73,123 26,554 524,209 16,715 1,137 31,800 7,763 2,372 5,316 38,080 103,183 1,604 5 4,574 818 349 601 3,241 11,192 2,997 891 9,395 943 8,909 1,190 8,591 32,916 (1,781) (162) (1,943) 45 b (70) (70) (6) (1,652) (39) (8,580) (10,277) 21,310 252 44,117 9,253 11,630 7,107 41,332 135,001 40,792 458 87,093 5,556 192,041 4,923 31,791 26,554 389,208 113 2017
16. 48,081 250 104,867 12,683 9,672 63,528 17,871 256,952 (3,318) (4) (7,520) (863) (7,462) (686) (4,025) (503) (24,381) 1,469 2,672 2,719 1,054 1,628 12,887 13,252 35,681 196,000 196,000 11,375 12,331 (23,706) 10,997 10,997 (11,909) (11,909) (4,872) (640) (6,356) (11,868) 56,695 2,918 107,525 12,874 188,538 9,974 66,034 6,914 451,472 12,575 250 29,165 7,589 5,097 37,139 91,815 (1,082) (4) (3,199) (602) (112) (421) (2,446) (7,866) 2,809 891 8,672 776 2,484 1,216 8,569 25,417 2,681 2,681 (268) (268) (2,838) (576) (5,182) (8,596) 16,715 1,137 31,800 7,763 2,372 5,316 38,080 103,183 39,980 1,781 75,725 5,111 186,166 4,658 27,954 6,914 348,289 25,948,000 26 2017 114
17. a b 142,000 142,000 43 150,900 150,900 45 a (130,000) (130,000) (5,971) (5,971) (16,100) (16,100) 4,100 4,100 144,929 144,929 150,900 150,900 (5,971) (5,971) 144,929 144,929 14 146,346 146,346 (4,346) (4,346) 142,000 142,000 (a) 43 15 15 115 2017
17. (a) 15 3% 10%19.0% 150,900,000 15 3% 9%21.0% (b) 20 500 5%0% 3%0% 14.7 23 16.1 Master Race45(a) 130,000,000 16.114 2017 116
18. 293,004 293,004 2,079 1,760 (297,642) 2,559 (1,176) 293,588 326,613 150,000,000 Yong Tai Berhad Yong Tai( Yong Tai 39.44 ) Yong Tai84.7 Yong Tai 165,000,000 289,874,00018,879,000 117 2017
18. % % Yong Tai Berhad Yong Tai 190,172,000 39.44% a (a) 19. 29,147 29,228 9 2,250 2,157 (1,645) (710) (695) 30,594 29,147 30,594 29,147 757 704 29,837 28,443 30,594 29,147 35-46 36-47 2017 118
20. a (b) 36,366 343,894 (b) 462 2,808 36,828 346,702 (a) Yong Tai 200,000,000 Yong Tai Yong Tai3 Yong Tai Yong Tai 182,500,000 164,250,000 296,662,000 26,873,000 17,500,000 (b) (c) 5,238,000 45,467,000 119 2017
21. Chung Sun Financial Holding Limited (a) 10,000 Pattaya Oriental Cruise Limited (b) 5,000 Amazing Sunrise Limited (c) 40,000 Arch Partners Holdings Limited (d) 11,408 55,000 11,408 (a) He Qinghua1 1 Chung Sun Financial Holding Limited Chung Sun 60 Chung Sun Chung Sun 491 5,000,000 Chung Sun 409,334,360 5,000,000 (b) 2 Pattaya Oriental Cruise Limited Pattaya Oriental Pattaya Oriental 25,000,000 Pattaya Oriental1,280,000,000 302,080,000 2017 120
21. (c) Amazing Sunrise Limited 1,000,000,000 1,000,000,000 1,200,609,910 Amazing Sunrise Limited Amazing Sunrise Limited 40,000,000 (d) Arch Partners Holdings Limited 100 43 (a) (b) (c) 22. 13,196,000 15,835,0004,666,000 5,599,000 3,339,000 121 2017
23. 96,094 44 3,059 139,143 45(b) (81,351) (14,743) (43,049) 3,059 96,094 Master Race Golden Truth (a) (b) 41,743 16,049 81,351 139,143 44 3,059 3,059 45 (41,743) (81,351) (123,094) 16,049 3,059 19,108 27,000 16,049 43,049 14,743 14,743 45 (41,743) (41,743) 16,049 16,049 3,059 3,059 2017 122
23. Master Race Golden Truth (a) (b) 41,743 16,049 81,351 139,143 41,743 16,049 81,351 139,143 27,000 16,049 43,049 27,000 16,049 43,049 14,743 81,351 96,094 (a) Master Race14,743,00027,000,000 14 (b) 3 5 22.0 3 123 2017
24. 88,000,00080,000,000 12122 697,000,000245(a) 45(b) 12 Master Race 1 2 81,452 71,331 152,783 7 394 360 754 81,846 71,691 153,537 12 81,452,00071,331,000 1268 12 1100 25. Sky Angkor Airlines Co., Ltd1,410,000 10,983,0007 Sky Angkor Airlines Co., Ltd. 2017 124
25. 202,380 94,052 296,432 26. 70,000,000 50 53,600,000 16,400,000 53,600,000 2 125 2017
27. 5,170 387 360 5,557 360 28. 1,012,000 6,603,000 22,085 13,296 1,420 333 13,291 11,075 36,796 24,704 29. 221,759 205,419 (b) (86) (80) 221,673 205,339 (d) 124,247 90,808 (e) 23,795 19,957 (f) 25,327 9,709 395,042 325,813 2017 126
29. (a) 90 12090 120 218,632 192,437 2,356 11,943 417 357 354 682 221,759 205,419 (86) (80) 221,673 205,339 (b) 80 482 (393) 6 (9) 86 80 127 2017
29. (c) 218,632 192,437 2,356 11,943 417 357 268 602 3,041 12,902 221,673 205,339 (d) 90 12090 120 2017 128
29. (e) (f) JAA Capital Limited JAA Jet Asia Airways Company Limited Jet AsiaJet Asia2,000,000 15,528,000JAA Capital Jet AsiaJAA Jet Asia JAA Asia Star Newtime-Space Geomatics Engineering Co., Ltd 2,000,000 15,600,000 Asia Star Newtime-Space Geomatics Engineering Co., Ltd 129 2017
30. 319,562 309,885 9,957 6,787 329,519 316,672 301,679 17,870 319,549 17,000 37,143 1,042 622 18,042 37,765 667,110 354,437 718,893 360,016 (51,783) (5,579) 667,110 354,437 5,579 46,204 5,579 51,783 5,579 667,110 354,437 667,110 354,437 2017 130
30. 5,579,0005,579,000 46,204,0005,579,000 46,204,000Siam Air Transport Co. Limited Siam Air49 10 Siam Air 10% 16% 10% 15% 65,268,000 11,351,00046,204,0005,579,000 31. Arch Partners Group 43 154.7112,000,000 43 131 2017
31. 100,000 0.20560,000,000 4.5% 43 79,723 18,741 (98,464) 2017 132
31. 9.55% 9.13% 0.178 0.168 0.20 0.20 1.02% 0.56% 0.25 0.94 22.00% 49.00% 0% 0% 98,464,000 32. 4,083,0006,608,000 33. 9,920,00012,088,000 34. 90,331 78,805 11,112 14,216 (a) 39,983 31,454 43,251 41,481 184,677 165,956 133 2017
34. 73,344 67,078 11,684 8,031 2,084 1,746 3,219 1,950 90,331 78,805 a) 4,200,000 14,036,0003,906,0006,744,000 35. 8.68(a) 280,000 280,000 1310 (b) 64,000 80,000 10(b) 120,000 464,000 360,000 (a) 8 8.6% 2017 134
35. (b) 200,000,00010% 12 80,000,000 697,000,00024 12 13% 16,000,000 120,000,000 700,000,00024 12 13% 36. 115,920 104,924 34,150 17,882 251,600 150,070 374,406 4.35% 5.22% 4.79% 6.40% 5.60% 7.00% 6.40% 135 2017
36. 150,070 122,806 251,600 150,070 374,406 150,070,000122,806,000 (a) 27,553,00027,746,000 (b) 28,356,00027,012,000 (c) 25,199,00017,882,000 (d) 4,083,0006,608,000 (e) 52,585,00041,318,000 49 2017 136
37. 7,720 7,720 2,280 2,280 345 345 (129) (129) 8,065 2,151 10,216 10,000,0006% 7,720,000 11 345,000 2,280,000 129,000 137 2017
38. 7,624 (2,302) (37,703) 5,322 (37,703) (2,396) (2,396) 11 65 65 1,215 1,215 Master Race (36,587) (36,587) (37,703) (37,703) 45(a) (4,025) 35,500 31,475 7,624 4,025 64 11,713 (163) (163) 7,624 (2,302) 5,322 2017 138
38. 10% 5% 6,469,0004,461,000 10,676 99,825 72,410 110,501 72,410 139 2017
38. 2,669,00017,663,000 12,121,000 75,669 70,375 23,181 799 884 176 1,151 99,825 72,410 39. 0.0125 0.0125 30,000,000,000 375,000 30,000,000,000 375,000 10,352,800,252 129,410 3,589,901,240 44,874 (a) 1,230,560,000 15,382 6,000,000,000 75,000 (b) 280,000,000 3,500 697,000,000 8,713 20,000,000 250 45,899,012 573 11,863,360,252 148,292 10,352,800,252 129,410 2017 140
39. (a) 0.13 1,230,560,0000.0125 140,442,000 4,149,000 155.8iii iii (b) Arch Partners Holdings Limited 100%43280,000,000 141 2017
40. a b c d e f g 370,907 117 26,356 24,331 (118,936) 302,775 5,366 (5,366) (31,076) (31,076) (38,704) (38,704) 45,467 45,467 45,467 (38,704) (31,076) (24,313) 507,000 507,000 81,897 81,897 2,350 2,350 21,539 21,539 8,836 (2,753) 6,083 970,990 117 18,786 45,467 31,722 (14,373) (155,378) 897,331 6,501 (6,501) (110,107) (110,107) 31,810 31,810 14,846 14,846 (44,014) (44,014) 5,238 5,238 (38,776) 46,656 (110,107) (102,227) 140,442 140,442 60,114 60,114 (2,154) 2,154 31 98,464 98,464 1,063 1,063 1,171,546 117 16,632 6,691 38,223 98,464 33,346 (269,832) 1,095,187 2017 142
40. (a) (b) (c) 2 (d) (e) 10% 50% 25% (f) 31 (g) 143 2017
41. 1 10 1,035,289,025 8.73% 1% 0.1% 5,000,000 2017 144
41. 301 (i) (ii) (5) (iii) 0.145 313,091 (a) 0.145 (35,899) 0.145 358,990 0.145 (45,899) (b) 0.145 277,192 0.145 313,091 (a) (b) 277,192,100 277,192,1003,465,000 53,360,000 0.1451.61 (c) 145 2017
42. 374,406 360,000 734,406 79,723 79,723 (234,288) 10,000 104,000 (120,288) 9,952 9,952 18,741 18,741 216 216 (98,464) (98,464) 150,070 10,216 464,000 624,286 2017 146
43. Arch Partners Holdings Limited Arch Partners100%154.7 (i)11,408,00021 d(ii) 280,000,000 (iii)112,000,000 21 d 11,408 280,000,00039 b 63,613 31b 79,723 154,744 147 2017
43. Arch Partners 17 150,900 5,799 40 (545) (1,450) 154,744 154,744 (a) 40 40 (a) 11,408,000 (b) Arch PartnersArch Partners 15,000,000 Arch Partners15,000,000 17,299,000 2017 148
44. 95%4,404,000 Incola Air Services Limited 3,374,000 2,241,000 350,000 921,815,000 92,457,000 149 2017
44. 4,404 16 44 3,374 42 (250) (1,795) 1,415 (70) 23 3,059 4,404 (4,404) (208) (4,612) 2017 150
45. (a) Master Race LimitedMaster Race Master Race85% 110,000,000Master Race Master Race 17 130,000 38 4,025 47,952 425 (761) (7,821) 38 (35,500) 138,320 (20,748) 117,572 22,000 24 81,452 103,452 151 2017
45. (a) Master Race LimitedMaster Race 22,000 (425) 21,575 14 103,452 (138,320) 20,748 529 (13,591) 2017 152
45. (b) 100,000,000 16 201 23 81,351 14,099 88 (2,245) 93,494 20,000 24 71,331 91,331 153 2017
45. (b) 20,000 (88) 19,912 14 91,331 (93,494) (1,592) (3,755) 46. 50,000,000 5,170,000 2017 154
47. 47(a) 1,431,052 1,443,213 10,000 11,408 53,600 53,600 7,624 1,502,276 1,508,221 5,170 37,143 15,991 5,365 17,830 7,685 38,991 50,193 9,981 5,460 257,658 279,973 251,600 184,000 80,000 451,639 617,033 (412,648) (566,840) 1,089,628 941,381 10,216 1,079,412 941,381 39 148,292 129,410 47(b) 931,120 811,971 1,079,412 941,381 155 2017
47. (a) Able Zone Investment Limited 1 100% 100% Click Smart Limited 11 100% 100% Cambodia MJ Airlines Co., Limited 40,000,000,000 70% 70% Golden Comfort Investments Limited 11 100% 100% Hui Jing International Trade Co., Limited 80,000 100% 100% 2001 100% 100% Impression Culture Asia Limited 1 100% 100% Incola Travel Limited 40,000 95% 95% Incola Air Services Limited 100 95% 95% Kentway Investments Limited 1 100% 100% Noble Core Holdings Limited 11 100% 100% Nowry Global Investments Limited 11 100% 100% Ovalane Limited 11 100% 100% Sino Haijing Group Limited 11 100% 100% 1 100% 100% Sunshine Margin Limited 11 100% 100% 2017 156
47. (a) Vietnam Impression Ha Ling Bay Tourism and Culture Investment Co., Ltd 2,000,000 100% 100% 1 100% 100% World Spark Holdings Limited 11 100% 100% Yalu International Limited 1 100% 100% 55,000,000 100% 100% 30,000,000 100% 100% 14,000,000 100% 100% 20,000,000 100% 100% 10,000,000 100% 100% 1,000,000 100% 100% 1,000,000 100% 100% 5,000,000 80% 80% 157 2017
47. b) i 370,907 117 (85,242) 285,782 (92,680) (92,680) 2,350 2,350 81,897 81,897 507,000 507,000 21,539 21,539 8,836 (2,753) 6,083 970,990 18,786 117 (177,922) 811,971 (179,871) (179,871) 140,442 140,442 60,114 60,114 (2,154) 2,154 31 98,464 98,464 1,171,546 16,632 117 (355,639) 98,464 931,120 2017 158
47. b) (i) (ii) 931,120,000 811,971,000 48. 1,500 159 2017
49. 52,585 41,318 52,585 41,318 2017 160
50. Cambodia MJ Airlines Co., Limited Golden Truth Cambodia MJ Airlines Co., Golden Truth Master Race Golden Truth Limited 30% 20% 15% 20% 792 194,221 142,000 188,247 11,067 5,179 23,329 300 (22,274) (54,420) (5,950) (49,658) (35,500) (10,415) 144,980 123,879 138,889 (3,125) 28,996 18,582 27,778 9,147 24,794 3,073 (10,415) (4,530) 18,247 (8,468) 161 2017
50. Cambodia MJ Airlines Co., Golden Truth Master Race Golden Truth Limited (3,125) (905) 2,737 (1,693) 2,122 (613) (1,016) (3,125) 1,217 2,124 (2,709) (23,267) 104 394 (156) (915) 34,772 2017 162
51. 3,900,000 52. 3,626 2,158 1,294 3,767 4,920 5,925 163 2017
52. 1,553 765 53. 33,375 4,796 21 301,414 26 16,400 16,400 351,189 21,196 24,331,000 26 2017 164
54. (a) (i) (ii) 90 120 15% 18% 36% 35% 165 2017
54. (a) (iii) 9% 14% 38% 58% (iv) (b) 62,403,000 29,722,00046 2017 166
54. (b) 152,565 152,565 150,070 381,518 381,518 374,406 184,677 184,677 184,677 165,956 165,956 165,956 490,863 490,863 464,000 373,957 373,957 360,000 10,216 10,216 10,000 838,321 838,321 808,747 921,431 921,431 900,362 (c) 97,485,00081,488,00036 52,585,000292,918,000 464,000,000360,000,000 167 2017
54. (c) 100 975,000815,000 100 (d) 2017 168
54. (e) 3% 3% 3% 3% 1,105 10,401 167 11 3% 3% (1,105) (10,401) (167) (11) 55. 13 169 2017
55. (i) 36,828 36,828 346,702 346,702 5,170 5,170 387 387 360 360 42,385 42,385 347,062 347,062 (ii) 15 7,172 7,172 6,669 6,669 326,613 326,613 2017 170
55. (ii) 56. 57. (i) PATAYA ORIENTAL CRUISE LIMITED 21( ) Pataya Oriental 100%1,280,000,000 302,080,000Pataya Oriental (i) (ii) (iii) 171 2017
57. (ii) AMAZING SUNRISE LIMITED 21 c Amazing Sunrise Limited 100%1,000,000,000 1,000,000,000 40,000,000 (iii) 35 b120,000,0001 10% 13%24,000,000 2017 172
956,170 606,669 499,936 563,565 575,579 (90,564) (17,341) (62,115) (7,880) (15,926) (23,436) (12,691) (5,866) (3,706) (3,857) (114,000) (30,032) (67,981) (11,586) (19,783) (110,107) (31,076) (67,981) (11,586) (20,059) (3,893) 1,044 276 (114,000) (30,032) (67,981) (11,586) (19,783) 2,142,347 2,069,510 866,084 630,601 652,691 (874,251) (996,409) (518,435) (347,835) (338,033) 1,268,096 1,073,101 347,649 282,766 314,658 1,243,479 1,026,741 347,649 282,766 299,164 24,617 46,360 15,494 1,268,096 1,073,101 347,649 282,766 314,658 173 2017
1. 100% 2. 100% 3. 100% 4. 100% 5. 80% 2017 174