COMBEST HOLDINGS LIMITED * 8190 * 1
53,570 31,531 17,459 75,681 71,029 107,212 11,911 17,066 41,184 (101,386) 53,095 (84,320) 0.32 0.51 1.13 (3.01) 1.45 (2.50) 0.32 0.51 1.13 (3.01) 1.45 (2.50) 2
4 53,570 31,531 (3,140) (3,790) (10,109) (1,942) 7 (24,958) (3,609) 6 15,363 22,190 8 (1,401) (5,124) 13,962 17,066 10 41,023 (101,599) 54,985 (84,533) (3,347) (14,518) (30,569) (33,916) (14,518) 21,069 (99,051) 3
11,911 17,066 41,184 (101,386) 53,095 (84,320) 2,051 (161) (213) 1,890 (213) 54,985 (84,533) 19,209 (98,573) 1,860 (478) 21,069 (99,051) 11 1.45 (2.50) 1.45 (2.50) 0.32 0.51 0.32 0.51 4
2,706 2,705 12 242,107 1,093 22,967 138,130 13 230,518 62,740 473,718 88,413 140,835 18(i) 64,157 56,639 14 25,523 3,345 4,873 15 234 213,247 80,277 42,865 63,972 5,729 21,345 32,854 111,763 344,959 158,338 16 10,712 12,746 8,092 1,193 37,161 31,108 17 367,483 180,259 66,649 427 466 3,823 10,341 5,426 383,211 307,583 45,092 (271,448) 37,376 113,246 202,270 125,789 254,081 5
220 371 5,442 34,532 5,662 34,903 202,270 120,127 219,178 20 38,415 32,015 32,015 159,670 84,486 183,059 198,085 116,501 215,074 4,185 3,626 4,104 202,270 120,127 219,178 6
* * * * 20 32,015 458,371 9,482 33,914 (417,281) 116,501 3,626 120,127 53,095 53,095 1,890 54,985 (3,317) (3,317) (30) (3,347) 10(c) (30,569) (30,569) (30,569) (33,886) 53,095 19,209 1,860 21,069 20 6,400 55,975 62,375 62,375 18(i) 2,134 2,134 10(c) (9,482) 9,482 (3,435) (3,435) 6,400 55,975 (9,482) 9,482 62,375 (1,301) 61,074 38,415 514,346 28 (354,704) 198,085 4,185 202,270 7
* * * * 20 32,015 458,371 9,482 48,167 (332,961) 215,074 4,104 219,178 (84,320) (84,320) (213) (84,533) (14,253) (14,253) (265) (14,518) (14,253) (84,320) (98,573) (478) (99,051) 32,015 458,371 9,482 33,914 (417,281) 116,501 3,626 120,127 * 159,670,00084,486,000 8
1. 223 Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands32-4024M-N 2. 5 271,448,000 (i) 450,000,000 190,000,00017 (ii) 100,000,000 100,000,00017 9
2. (i)diamond Globe 1018(i) (ii) 8 3. 1 16 38 10
4. (i)(ii) (iii)10diamond Globe 14,680 4,246 26,755 27,285 12,135 53,570 31,531 17,459 75,681 5. (a) (b) (c) (d) (e) RS 11
5. 14,680 4,246 26,755 27,285 12,135 14,992 55,741 2,467 19,940 71,029 107,212 13,310 4,240 25,167 26,817 1,865 (7,404) (128,117) (457) (416) 32,481 (97,476) 205 513 7 22 212 535 6,592 6,592 101 101 12,630 12,630 1,235 1,235 99,135 99,135 1,334 260 4,123 5,457 260 343 213,247 67,340 62,740 430,977 130,677 5,363 498,660 412,027 1,944 20 1,964 86,220 180,264 169 258 291,988 46,640 953 378,377 228,115 12
5. 71,029 107,212 32,481 (97,476) (3,351) (3,349) a (21,628) (5,518) 10(a) 7,861 128,533 15,363 22,190 498,660 412,027 b 86,821 21,345 585,481 433,372 378,377 228,115 3,823 10,341 5,442 66,649 1,011 2,698 383,211 313,245 (a) (b) 13
5. 43,273 47,014 15,187 55,801 12,135 216 4,397 218 71,029 107,212 62,740,00062,740,0001,093,00025,673,000 242,107,000167,778,000 18,270,00014,420,00010% 6. * 800 800 109 * 6,068 110 * 120 1,836 1,545 27 9 1,863 1,554 * 14
7. * 21,607 260 3,351 3,349 24,958 3,609 * 450,000,00032,300,000 17 21,607,00016,150,000 56 8. 830 5,124 571 1,401 5,124 9. 15
10. 100,000,000Diamond Globe Dream Star International Limited 5 (a) (7,861) (101,599) 48,884 41,023 (101,599) 17,459 75,681 (16,730) (59,599) 729 16,082 88 84 (6,202) (22,949) (2,476) (21,380) (99,135) (1,235) (7,861) (128,533) 26,934 (7,861) (101,599) 16
10. (b) 9,665 1,849 (1,906) 9,665 (57) (c) 2,436 22,767 58,221 2,557 31,642 11,392 (8,655) (26,238) (642) (2,965) (5,395) (3,435) 81,685 (30,569) 48,884 100,000 17
10. (c) 100,000 (31,642) 68,358 11. 53,095 (84,320) 20 3,658,132 3,373,217 18
11. 53,095 (84,320) (41,184) 101,386 11,911 17,066 41,184,000101,386,000 3,658,132,0003,373,217,000 1.133.01 19
12. 242,107 (i) TAR Fund Management (Cayman) LimitedTAR Fund Management 10,000Tap Growth Fund SP IITap Fund II 100,000,000Tap Fund II14.3% Tap Fund II100,000,000 (ii) TAR High Value Fund SP IITAR Fund IITAR High Value Fund SP IIITAR Fund III 7,0007,00071,666,000 70,441,000TAR Fund IITAR Fund III10.7% 10.5%TAR Fund IITAR Fund III71,666,000 70,441,000 (ii)142,107,000 20
13. 62,740 18(i)(b) 167,778 62,740 230,518 62,740 (a) 3%3% 22%22% 3%3% 83,000,000 92,000,00062,740,00062,740,000 (b) 17% 3% 21
13. (b) 61,000,000 475,800,000167,778,000 14. 20,923 4,600 3,345 25,523 3,345 030 8,064 695 3190 8,485 1,870 91360 8,974 770 360 10 25,523 3,345 3090 3090 22
15. 234 213,247 18%12%24% 16. 030 1,972 1,366 3190 4,126 3,357 91360 4,614 6,935 360 1,088 10,712 12,746 3090 17. 22 180,259 191,920 175,541 367,483 180,259 23
17. 367,483 180,259 367,461,000180,259,000 561 7 191,920,000 180,259,000 1,000,000,000200,000,000 367,461,000180,259,000 450,000,000 191,920,000 100,000,000 101,289,000 24
18. (i) Novel Shine Limited 51%170,000,000 135 109,127 (4,906) (100,000) 4,356 (2,134) 2,222 (170,000) 13 167,778 170,000 (135) 169,865 (a) (b) 1,562,000 12,135,000539,0004,184,000 66,575,00022,158,000 25
18. (i) 30,000,000 11.1251%170,000,000 (ii) Giant Goal LimitedGiant Goal Grand Castle LimitedGiant Goal 70,000,000 26
18. (ii) Giant Goal LimitedGiant Goal Giant Goal 3,764 1 (167) (3,038) 560 (63,300) 13 62,740 3,764 3,764 (a) Giant GoalGiant Goal (b) Giant Goal31,531,000 25,674,000 109,637,00056,190,000 27
19. Giant Goal LimitedCreate World Enterprises Development LimitedCreate World 100%Create World 1,312,000 Create World Create World 110 110 1,202 1,202 1,312 1,312 1,312 28
20. 0.01 20,000,000 200,000 20,000,000 200,000 0.01 3,201,500 32,015 3,201,500 32,015 640,000 6,400 3,841,500 38,415 3,201,500 32,015 0.1640,000,000 640,000,0000.1 0.144 62,375,00055,975,000 29
(i)(ii) (iii) 53,570,00031,531,00069.9% 12,135,00014,680,000 26,755,0004,246,00027,285,000 3,140,0003,790,00017.2% 10,109,0001,942,000420.5% 24,958,0003,609,000 41,023,000101,599,000 Diamond Globe48,884,000 30
15,363,00022,190,000 5,124,000 1,401,000 54,985,00084,533,000 2 5,729,000 21,345,000271,448,000 37,376,000 450,000,000 Giant Goal LimitedGrand Castle Limited 31
62.8% 57.0% 0.1 640,000,000 70,000,000 10 1,863,0001,554,000 32
Dream Star International Limited Dream Star International Limited Diamond Globe Investments Ltd.Diamond GlobeDiamond Globe100,000,000 Novel Shine Limited 51%170,000,000 TAR Fund Management (Cayman) Limited TAR Fund Management (Cayman) Limited TAR Opportunities Fund SPC 140,000,000 33
(i)(ii) (iii) (i)(ii) (iii) 4,246,000245.7%14,680,000 34
(i) (ii)(iii) (iv) 26,755,00027,285,000 35
2,300,000,000(i) TAR Private Equity Fund L.P.(ii) TAR Capital Fund SPC (iii) TAR Opportunities Fund SPC12,135,000 (i) TAR Private Equity Fund L.P. TAR Private Equity Fund L.P. TAR Private Equity Fund L.P. (ii) TAR Capital Fund SPC TAR Capital Fund SPC TAR Capital Fund SPCTAR Growth Fund SP TAR Growth Fund SP TAR Growth Fund SP 36
(iii) TAR Opportunities Fund SPC TAR Opportunities Fund SPC TAR Opportunities Fund SPCTAR High Value Fund SPTAR High Value Fund SP IITAR High Value Fund SP III TAR High Value Fund SP TAR High Value Fund SP IITAR High Value Fund SP III 37
XV XV78 352 38
A. 336 10% Dream Star International Limited Dream Star Kiyuhon Limited Kiyuhon 877,685,714 877,685,714 877,685,714 22.85% 22.85% 22.85% 877,685,714Dream Star Dream StarKiyuhon B. 336 5% 39
5.34 15 A.2.1A.2.1 5.485.67 40
5.28 41
18346 (www.hkgem.com) (http://www.irasia.com/listco/hk/combestholdings/index.htm) 42