2868 4 11
............................................................. 1......................................................... 4......................................... I-1................................................................................................................. II-1 III-1 IV-1.................................................. V-1 i
1,020,000,000 1,759,500,000 2,779,500,000 2,779,500,000 1
H 2868 55% 600048 2
571 1.00 H H 14.44 % 3
2868 26 1 6008 2 17 1 2906 08 5,000,000 2,779,500,000 4
5,450,000,000 51% 2,779,500,000 1,020,000,000 1,759,500,000 51% 49% (1) (2) 100% 5,000,000 2,779,500,000 5,450,000,000 51% 5
(a) (1) (2) 40 1,020,000,000 975,000,000 51% 49% 51% 6
(b) (1) (2) 1,759,500,000 4.75 10% 7
PDP0 1001 A 03 11 69,433.1 70 5,450,000,000 H 2868 8
(a) (b) (c) 51% 103,871,937,000 106,542,440,000 80,694,268,000 82,384,771,000 23,177,669,000 24,157,669,000 9
14.07 25% 100% 14 14.44 (a) (b) 50% 10
1,649,205,700 54.47% 14.44 11
1. http:// www.hkex.com.hk http://www.bjcapitalland.com.cn http://www.hkexnews.hk/listedco/ listconews/sehk/2014/0209/ltn20140209016_c.pdf 88 232 http://www.hkexnews.hk/ listedco/listconews/sehk/2015/0226/ltn20150226230_c.pdf 87 252 http://www.hkexnews.hk/ listedco/listconews/sehk/2016/0328/ltn20160328108_c.pdf 75 230 http://www.hkexnews.hk/listedco/listconews/sehk/2016/0628/ltn20160628922_c.pdf http://www.hkex.com.hk http://www.bjcapitalland.com.cn 2. 58,468,000,000 (a) 15,219,000,000 1,173,000,000 9,520,000,000 729,000,000 1,280,000,000 I-1
67,000,000 50,000,000 1,680,000,000 720,000,000 (b) 6,204,000,000 (c) 15,804,000,000 (d) 19,550,000,000 (e) 1,691,000,000 600,000,000 6,681,000,000 3. 12 4. 25% 643,750,000 I-2
1,567,242,000 60% 2,149,702,000 210,196,000 275,556,000 905,951,470 2.78 1329 I-3
2,372,327,068 5. I-4
380 CBD + A I-5
100 (i) (ii) (iii) (a) (b) (c) I-6
A. (2016) 26218 I III I PricewaterhouseCoopers Zhong Tian LLP, 11/F PricewaterhouseCoopers Center 2 Corporte Avenue, 202 Hu Bin Road, Huangpu District, Shanghai 200021, PRC T: +86 (21) 2323 8888, F: +86 (21) 2323 8800, www.pwccn.com II-1
3.340 II-2
I. 1. (1) 3 (2) 5,450,000 5,450,003 5,450,003 (3) 3,450,003 3,450,003 3,450,003 (4) 2,000,000 2,000,000 5,450,003 II-3
2. II-4
3. (5,450,000) (5,450,000) (5)(a) (5,450,000) 2,000,000 (2)(a) 5,005,473 7,005,473 (2)(b) (1,555,470) (1,555,470) 5,450,003 (5)(b) 3 (5)(c) 3 II-5
4. 2,000,000 2,000,000 2,000,000 2,000,000 II-6
II. 500 1,020 980 500 2,000 51% 49% [2016] 005 100,980 97,020 2,000 200,000 51% 49% [2016] 006 200,000 1188 6 2 (1) (2) II-7
(3) (4) (5) (6) (a) (b) (7) II-8
(8) (9) (10) II-9
25% 11% [2016]36 11% (%) (%) 200,000 100 100 (1) 3 (2) (a) 5,450,000 II-10
5,450,000,000 (b) (c) 5,450,000 100% (3) (3)(a) 3,450,003 1,759,500,000 1 5 10% 1,690,500,000 1 10% (4) 1,020,000 1,020,000 980,000 980,000 2,000,000 2,000,000 II-11
(5) (a) (2) (5,450,000) (5,450,000) (b) 3 3 (c) (1) 3 3 II-12
(1) (a) (b) 50,000 50,000 10,000 10,000 50,000 50,000 (c) % % % % 49 49 100 100 51 51 II-13
(2) (a) 1,759,500 3,245,973 5,005,473 (b) 1,555,470 (3) (a) (3) 1,759,500 1,690,503 3,450,003 1,759,500,000 1 5 10% 1,690,500,000 1 10% II-14
3,450,003 3,450,003 5,450,003 (3,450,003) 2,000,000 5,450,003 (3,450,003) 2,000,000 II-15
III. II-16
B. A. (a) (a) II-17
(b) 2,000,000,000 3,000 3,450,003,000 1,759,500,000 1,690,500,000 10% 10% 2,000,000,000 (c) 63.3% (d) (e) 7 II-18
(f) 4 (g) II-19
A. 60% 100% 100% 100% III-1
1 2 3 4 15,901,949 3 (2,779,500) 13,122,452 228,266 228,266 1,811 1,811 676,898 676,898 585,839 5,450,000 6,035,740 19,980 19,980 21,825 21,825 2,562,941 2,562,941 58,683,465 58,683,465 593,030 593,030 9,921 9,921 2,184,433 2,184,433 81,470,358 5,450,003 (2,779,500) 84,140,861 86,444 86,444 4,663,667 4,663,667 4,820,853 4,820,853 11,945,033 11,945,033 139,114 139,114 350 350 172,137 172,137 104,580 104,580 469,401 469,401 22,401,579 22,401,579 103,871,937 5,450,003 (2,779,500) 106,542,440 III-2
1 2 3 4 3,005,029 3,005,029 39,476 39,476 6,269,997 6,269,997 12,705,669 12,705,669 205,338 205,338 2,253,503 2,253,503 333,418 333,418 197,803 197,803 2,716,487 3,450,003 (1,759,500) 4,406,990 6,762,707 6,762,707 34,489,427 3,450,003 (1,759,500) 36,362,506 26,504,682 26,504,682 12,481,249 12,481,249 5,508,075 5,508,075 1,655,234 1,655,234 55,601 55,601 46,204,841 46,204,841 80,694,268 3,450,003 (1,759,500) 82,384,771 23,177,669 2,000,000 (1,020,000) 24,157,669 III-3
B. 1. 60% 100% 100% 100% 2. 3. 3.1 1,020,000,000 51% 1,759,500,000 3 5,450,000 (3,450,003) 2,000,000 (49%) (980,000) 51% 1,020,000 51% (1,020,000) 51% 49% 980,000,000 3.2 1,759,500,000 4. III-4
51% III-1 III-4 III-1 III-4 60% 100% 100% 100% PricewaterhouseCoopers Zhong Tian LLP, 11/F PricewaterhouseCoopers Center 2 Corporte Avenue, 202 Hu Bin Road, Huangpu District, Shanghai 200021, PRC T: +86 (21) 2323 8888, F: +86 (21) 2323 8800, www.pwccn.com III-5
4.29 7 7 1 4.29(7) 3420 4.29 7 III-6
(a) (b) (c) 4.29(1) III-7
IV-1
5 12 IV-2
IV-3
1 2906 08 MSc, MHKIS 28 IV-4
69,443.10 124,979.58 70 51% 1 (1) 163,500,000 5,452,000,000 51% 2,780,520,000 (2) 2016 6 69,443.10 70 15503 3 P1 69,443.10 70 1.8 124,979.58 5,450,000,000 12 36 IV-5
6,248.98 18,746.94 (3) 27000000201601070427 5,000,000 (4) (a) (b) (c) (d) (e) 6,248.98 18,746.94 (5) (6) IV-6
1. 2. (a) XV XV 7 8 352 (b) (c) (d) V-1
3. XV 2 3 (%) (%) 1,649,205,700 1 82.16 82.16 54.47 54.47 357,998,300 1 2 17.83 17.83 11.82 11.82 357,998,300 3 17.83 17.83 11.82 11.82 357,998,300 4 13.71 4.12 17.83 9.09 3.73 11.82 82,762,100 4.12 Reco Pearl Private Limited 165,070,000 H 16.17 4.12 2.73 16.17 5.45 2.73 5.45 Recosia China Pte Ltd 165,070,000 5 Recosia Pte Ltd. 165,070,000 6 H 16.17 16.17 5.45 H 16.17 16.17 5.45 5.45 5.45 Government of Singapore Investment Corporation (Realty) Pte Ltd. 165,070,000 7 H 16.17 16.17 5.45 5.45 1. 1,649,205,700 31.53% 275,236,200 82,762,100 2. 275,236,200 82,762,100 V-2
3. 275,236,200 82,762,100 4. 82,762,100 5. 165,070,000 Reco Pearl Private Limited 6. 165,070,000 Reco Pearl Private Limited Recosia China Pte Ltd. 7. 165,070,000 Reco Pearl Private Limited Recosia China Pte Ltd. Recosia Pte Ltd. XV 2 3 4. 5. (a) Reco Ziyang Pte Ltd. Reco Ziyang Pte Ltd. 60% 937,600,000 (b) 1,563,000,000 (c) 1,963,400,000 V-3
(d) 360,000,000 (e) Reco Ziyang Pte Ltd. Reco Ziyang Pte Ltd. 55% 45% 50% 50% 224,620,000 581,740,000 (f) (g) HSBC Corporate Finance (Hong Kong) Limited 2,000,000 (h) Central Plaza Development Ltd. International Financial Center Property Ltd. 1,000,000,000 Central Plaza Development Ltd. International Financial Center Property Ltd. 450,000,000 7.125 V-4
(i) 002065 20,000,000 (j) 5,100,000 4,900,000 (k) 3,000,000,000 5 4.58% (l) 500,000,000 913,500,000 (m) Rosy Capital Global Limited V-5
Rosy Capital Global Limited 1,300,000,000 5.25 (n) Rosy Capital Global Limited Rosy Capital Global Limited 1.00 100,000,000 Rosy Capital Global Limited 1,300,000,000 5.25 (o) Rosy Capital Global Limited Rosy Capital Global Limited 1,300,000,000 5.25 (p) 1,000,000,000 3.08 (q) 60% 40% 920,000,000 (r) 600,000,000 (s) International Financial Centre Property Ltd. V-6
624,400,000 (t) Speed Plus Investments Limited 13,600,522.27 25 Speed Plus Investments Limited61,731,870.23 (u) 643,750,000 (v) 52,200,000 37,800,000 (w) 1,567,242,000 (x) V-7
2,149,702,000 60% (y) 210,196,000 (z) 275,556,000 (aa) (bb) 701,573,886 (cc) 472,957,000 (dd) 1,197,796,182 (ee) 2.78 V-8
905,951,470 (ff) (gg) (hh) 63,000,000 27,000,000 6. V-9
7. 8. 9. 14 (i)8 (ii) (a) (b) 4 11 (c) (d) (e) (f) (g) (h) V-10
(i) (j) (k) 10. (a) 26 1 6008 (b) 2 17 (c) 1 2906 08 (d) 183 17 1712 1716 (e) (f) V-11