CFSE-20151119-fullfullfull.pdf

FSE ENGINEERING HOLDINGS LIMITED (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k) 1933 32

[ ] FSE ENGINEERING HOLDINGS LIMITED [ ] [ ] [ ] 0.10 [ ] [ ] [ ] [ ] [ ]

[ ] i

[ ] ii

[ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][ ][ ][ ][ ] [ ]...... i iii... 1... 15... 28... 29... 30 [ ]... 48 [ ] [ ]... 51 [ ]... 55... 59... 61... 72... 119 iii

... 136... 199... 206... 230... 248... 250... 253 [ ]... 303... 306 [ ]... 315 [ ]... 324... I-1......... II-1 III-1 IV-1... V-1 iv

[ ] [ ] [][] [ ] 20134.3% 8.0% 2014 4.9% 3.8%40 10,000 38 1 38 27 4 7 3,000 5,500 4,100 (1)(i) (ii) (iii)500 (2) (i) 1,700 (ii)(3) (i) 450,000 (ii)450 1

(i)(ii)(iii)(iv) 144 145 137 140 2

(i) (ii) (iii) (i) (ii) (iii) (i) (ii) 140 143 2013 2014 2015 6 30 5.8%7.0% 10.5% 2013 2014 2015 6 30 2013 2014 2015 6 30 60.3%58.8% 58.6% 25.1%28.9% 21.2% [ ] 171 175 [ ] [ ] [ ] [ ]% 3

63%18%9%9% 1% 248 249 2013 2014 2015 6 30 [ ] 6 30 2013 2014 2015 2,380,584 2,555,017 2,825,107 (2,099,563) (2,222,136) (2,491,974) 281,021 332,881 333,133 5,218 7,909 5,603 (150,690) (200,446) (185,848) 135,549 140,344 152,888 2,917 8,774 16,209 (281) (848) 138,185 148,270 169,097 (24,453) (17,070) (19,946) 113,732 131,200 149,151 113,691 131,200 149,151 41 113,732 131,200 149,151 54,000 287,000 200,000 261 4

6 30 2013 2014 2015 2,339,158 269,572 11.5% 2,503,135 319,174 12.8% 2,780,553 321,314 11.6% 41,426 11,449 27.6% 51,882 13,707 26.4% 44,554 11,819 26.5% 2,380,584 281,021 11.8% 2,555,017 332,881 13.0% 2,825,107 333,133 11.8% 6 30 2013 2014 2015 1,502,379 159,240 10.6% 1,742,120 160,152 9.2% 1,561,927 173,438 11.1% 506,873 32,541 6.4% 594,715 111,538 18.8% 382,695 50,480 13.2% 371,332 89,240 24.0% 218,182 61,191 28.0% 880,485 109,215 12.4% 2,380,584 281,021 11.8% 2,555,017 332,881 13.0% 2,825,107 333,133 11.8% 6 30 2013 2014 2015 1,888,945 251,968 13.3% 2,231,323 303,410 13.6% 2,418,496 293,125 12.1% 491,639 29,053 5.9% 323,694 29,471 9.1% 406,611 40,008 9.8% 2,380,584 281,021 11.8% 2,555,017 332,881 13.0% 2,825,107 333,133 11.8% 5

6 30 2013 2014 2015 (1) 1,910,997 202,775 10.6% 2,032,856 254,759 12.5% 2,279,642 243,664 10.7% (2) 326,762 25,679 7.9% 376,824 24,535 6.5% 399,396 32,893 8.2% 101,399 41,118 40.6% 93,455 39,880 42.7% 101,515 44,757 44.1% 2,339,158 269,572 11.5% 2,503,135 319,174 12.8% 2,780,553 321,314 11.6% (3) 41,426 11,449 27.6% 51,882 13,707 26.4% 44,554 11,819 26.5% 2,380,584 281,021 11.8% 2,555,017 332,881 13.0% 2,825,107 333,133 11.8% (1) (2) (3) 2013 2014 2015 6 30 55.4%49.4% 45.1% 2013 2014 2015 6 30 24.5%35.3% 37.3% 6 30 2013 2014 2015 1,163,879 1,096,949 1,122,909 514,124 784,619 928,391 266,580 325,746 323,323 86,352 48,732 57,903 34,695 (48,959) 488 (32,958) (60,348) (29,328) 66,891 75,397 88,288 2,099,563 2,222,136 2,491,974 266 267 6

201320142015630281.0 332.9 333.1 6 30 2013 2014 2015 269,572 11.5% 319,174 12.8% 321,314 11.6% 11,449 27.6% 13,707 26.4% 11,819 26.5% 281,021 11.8% 332,881 13.0% 333,133 11.8% 267 6 30 2013 2014 2015 22,803 21,975 18,074 146,149 117,136 113,818 527,340 687,075 674,495 292,783 144,782 63 465,663 734,237 612,526 1,454,738 1,705,205 1,418,976 187,549 458,794 487,977 862,246 745,106 614,314 7,754 126,295 70 27,852 31,512 16,190 1,085,401 1,361,707 1,118,551 369,337 343,498 300,425 283 7

6 30 2013 2014 2015 1 1.3 1.3 1.3 2 1.3 1.2 1.3 3 4 1.1% 23.4% 0.0% 5 6.2% 6.8% 9.0% 6 16.7% 24.3% 30.1% 1. 2. 3. 4. 100% 5. 6. 294 2013 2014 2015 6 30 (i) 12.0%11.9% 18.1%(ii) 19.1%20.3% 18.4% 2013 2014 2015 6 30 (i) 12.8%26.7% 19.5%(ii) 44.8%40.6% 35.4% 151 152 8

2013 2014 2015 6 30 1,000 16.521.9 25.5 3,000 55 41 2015 6 30 39 1 740 221 1 5,254 2015 7 1 [ ] 2015 6 30 2016 6 30 [ ] 2015 6 30 [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] 2015 6 30 [ ] 2016 6 30 [ ] [ ] 9

[ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][] (i) [ ]% [ ] 100% (ii) [ ]% [ ] (a) [ ] 10

(b) [ ] (c) [ ] (iii) []%[] (iv) [ ]% [ ] (v) [ ]% [ ] (i) (ii) (vi) [ ]% [ ] (vii) [ ]% [ ] 11

(viii) [ ]% [ ] 303 305 [ ] [ ] [ ] 2015 6 30 [ ] 2015 6 30 1 [ ] 2 3 [ ] [ ] 460,471 [ ] [] [] [ ] [ ] 460,471 [ ] [] [] 1. 2015 6 30 496.2 35.7 2. [ ] [ ] [ ] [ ] [ ] 2015630[][] [ ] 3. (2) [ ] [ ] [ ] 2015 6 30 [ ] 12

2013 2014 2015 6 30 54.0 287.0 200.0 [ ] 30% [ ] [ ] [ ] 30 13

14

[ ] 311 [ ] [ ] [ ] [ ] Building Material Building Material Supplies Limited1997 1 31 [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] 15

[ ] [ ] [ ] [ ] 59AE 4(1) [ ] 1961 3 622 32 2015 6 22 [ ] [ ] Sino Spring Global [ ] 1929 16

1973 1 30 18% [] 406 [ ] [ ] 282 57 [ ] 499 1986 12 23 17

1981 5 12 59 1967 9 13 1993 6 24 2007 3 9 Frontier Star Frontier Star Limited2014 1 6 1997 1 31 FSE Environmental FSE Environmental Technologies Limited 201342 2014 5 26 Sino Spring GlobalFrontier StarMaster Empire GroupLagoon Treasure63%18%9%5%4% 1% 18

2013 10 22 [ ] [ ] [ ] [ ] [ ] [ ] []6 [ ] [ ] [ ] [ ] [ ] [ ] [ ] 19

[ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [] 20

[ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] ISO ISO 14001 ISO ISO 9001 ISO [ ] [ ] 1980 4 18 Lagoon Treasure Lagoon Treasure Limited2015 5 5 21

2015 11 16 [ ] [ ] LEED [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] 12 [ ] [ ] 1980 1 22 2005 3 1 Master Empire Group Master Empire Group Limited2012 1 3 2015 11 20 [ ] 22

Sino Spring Global Master Empire Group Lagoon Treasure Frontier Star [ ] [ ] 917 [ ] 17 [ ] 825 [ ] 659 23

509 [ ] [ ] [ ] [ ] OHSAS Occupational Health and Safety Advisory Services OHSAS 18001 [ ] [ ] [ ] 2003 7 23 [ ] [ ] [ ] 24

[ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] 0.10 20151120 [ ] Sino Spring Global Sino Spring Global Limited2014 1 3 [ ] [ ] [ ] [ ] [ ] [ ] 25

[ ] 2014 3 28 [ ] [ ] 2013 2014 2015 6 30 1975 12 19 [ ] [ ] [ ] [ ] [ ] [ ] 354 1972 5 30 1989 4 28 2011 1 6 % * 26

[ ] 1.00 0.8011 [ ] 1.00 1.0304 [ ] (1) [ ] [ ] (2) [ ] (3) [ ] [ ] [ ] (4) [] (5) [ ] (4) 27

[ ] 28

[ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][ ] 29

[ ] [ ] [ ] [ ] [ ] 2008 2011 10 2015 7 30

20157 31

2013 591 47(1A) 2011 10 2013 4 2 2013 5 27 32

[ ] (i) 12.3(ii) (iii) 1,000,000 33

34

2013 2014 2015 6 30 (a) 61.3% 59.9% 59.4% (b) 26.8% 38.3% 22.6% [ ] 2013 2014 2015 6 30 37.0%37.8% 26.5% B1. 35

36

37

5% 10% 38

2014 6 2015 6 30 4.44 2016 6 30 2018 6 30 5.00 39

15 40

20.9%12.6% 14.2% 41

2015 6 30 13.5% 42

1979 2015 6 30 13.5% [ ] [ ] [ ] [ ][ ] [ ] [ ] 43

1994 2005 7 21 [ ] 44

[ ] 45

[ ] 46

[ ] 47

[ ] [ ][ ] [ ] [] [][] [] [ ] [ ] 14A 14A.105 [ ] [ ] [ ] [ ] [ ] 8.17 [ ] 3.28 [ ] 3.28 [ ] [ ] (a) (b) (c) [ ] (a) (b) [ ] [ ] [ ] (c) [ ] (d) 48

[ ] 1991 11 2008 3 (Richard Ivey School of Business) (Accelerating Management Talent Consortium Program) 2013 7 11 (University of Sunderland) Beta Gamma Sigma 2001 5 [ ] [ ] [ ] 3.28 [] [ ] 3.29 [ ] [ ] [ ] [ ] 3.28 [ ] [ ] 3.28 49

[ ] [ ] [ ] [ ] 3.288.17 []3.28[ ] 3.28 50

[ ] [ ] [ ] 51

[ ] [ ] [ ] 52

[ ] [ ] [ ] 53

[ ] [ ] [ ] 54

[ ] * 12 12 1 22 C 33 3 11 C 60 M 1810 7 20 J 28 5 9 1 2 B1 25 2 26 D * [ ] 55

[ ] [ ] 8 11 [ ] [ ] [ ] [ ] 1 40 56

[ ] 77 3 34 100025 Conyers Dill & Pearman Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1 1111 Cayman Islands 25 1 13 Zaid Ibrahim & Co. Level 19 Menara Milenium Pusat Bandar Damansara 50490 Kuala Lumpur Malaysia [ ] 18 5 555 18 22 1063 16 57

[ ] [ ] [ ] 58

Cricket Square, Hutchins Drive PO Box 2681 Grand Cayman KY1 1111 Cayman Islands 28 7 701 704 www.fseng.com.hk [ ] HKICPAAICPA M 1810 1 5 18 D [ ] M 1810 1 5 18 D 8 11 59

1 [ ] [ ] [ ] [ ] 8 63 Crédit Agricole Corporate and Investment Bank 88 27 1 151 4 4A 32 60

[ ][ ] [ ] [ ] 710,000 1961402,000 [ ] (i) (ii)(iii) 61

(i)(ii) (iii) (iv) 2010 270 2014 327 4.9% 2015 2019 3.1% 2015 2019 (1) 3.1% 2010 2014 1.3% 2015 2019 3.0% 2010 2014 7.9% 1 12010 2019 10 40 35 30 27.0 25 20 13.0 4.9% 33.1 32.5 32.7 32.8 30.2 14.0 14.0 13.7 13.7 14.3 3.1% 33.9 34.7 35.7 14.1 14.5 14.9 37.0 15.5 1.3% 3.1% 15 10 5 14.0 15.9 19.1 18.5 19.0 19.1 19.8 20.2 20.8 21.5 7.9% 3.0% 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 (1) 62

700 2010 2019 8,321 2012 2018/20 2,500 2016 16,700 2009 2021 2019 1,590 2011 2015 2,769 2013 2015 8,000 2010 2015 2,740 2010 2016 2015 480,000 2015 10 480,000 2015 2019 210,000 63

2 2010 2014 225 553 25.2% 11%2010 38 2014 57 2015 2019 2.0% 2 2010 2019 70 60 50 5.7 5.9 6.2 6.4 6.3 6.2 11.0% 2.0% 40 4.7 30 20 3.8 5.0 5.3 41.1 49.6 53.1 56.8 59.5 61.9 62.7 27.6% 4.2% 10 18.7 19.8 25.5 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 (1) (2) 64

2010 2019 (i)(ii) (iii) 2009 (iv)(v) (vi)(vii) (viii) 2017 2019 44,100 2014 2019 9.6% (i)(ii) (iii)(iv)2010 7,227 2014 9,633 7.4%2019 13,081 2015 2019 6.3% 65

2010 2,529 2014 3,551 8.9%2015 3,818 2019 5,068 7.3%3 32010 2019 1,400.0 1,200.0 1,000.0 800.0 600.0 252.9 289.2 294.3 330.1 355.1 381.8 410.2 440.4 472.6 506.8 8.9% 7.3% 400.0 200.0 469.8 525.7 512.0 574.3 608.2 643.6 680.5 719.1 759.3 801.3 6.7% 5.6% 0.0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 (1) (2) 20104442014718 90% 2019 975 2014 9 66

(i)(ii) (iii) 2014 18% 2014 16 4.9%(i) (ii)(iii)(iv) (i) (ii) (iii) 2013 2014 2013 2014 1. A 2.3 6.8% 2.4 7.3% 2. 1.4 4.3% 1.6 4.9% 3. B 0.9 2.9% 1.1 3.4% 4. C 0.5 1.5% 0.6 1.8% 5. D 0.5 1.4% 0.5 1.6% 27.0 83.1% 26.5 81.0% 32.6 100.0% 32.7 100.0% 67

2013 2014 2013 2014 1. A 435.0 9.3% 495.0 8.7% 2. 374.3 8.0% 219.0 3.8% 3. B 132.0 2.8% 159.3 2.8% 4. C 76.6 1.6% 113.0 2.0% 5. D 70.8 1.5% 84.0 1.5% 3,577.8 76.8% 4,629.7 81.2% 4,666.5 100.0% 5,700.0 100.0% 20% AB C (i) (ii)(iii) (iv) 12 68

(i)(ii) (iii)(iv)(v)(vi) 2010 5,603 2014 7,292 6.8%2015 7,497 2019 8,549 3.2% 2010 1,122.2 2014 1,252.5 2.8% 2015 1,299.8 2019 1,459.1 2.9% 20 30% 90% 69

(i)(ii) (iii) (i)300 (ii) (iii) 2010 62.7 2014 78.1 5.6% 2010 9,5002014 13,000 9.5% 2010 27,500 2014 45,800 14% 70

110 100 2010 2019 90 80 70 60 50 40 30 20 10 62.7 61.5 59.5 52.4 66.7 54.8 72.5 57.5 78.1 60.1 83.0 62.6 87.2 65.1 91.1 94.9 67.9 70.8 98.5 73.7 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2010 2019 24 22 20 18 16 14 12 10 8 6 4 2 9.5 9.0 10.1 10.0 11.7 12.0 11.3 12.0 13.0 13.3 13.4 13.8 14.1 14.6 15.2 15.5 16.5 16.6 18.0 17.8 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2010 2019 80 70 64.3 70.8 77.9 60 50 40 30 27.5 32.1 36.5 42.1 45.8 51.3 57.5 20 10 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2010 2019 2010 2019 10,000 8,823 9,000 7,959 7,538 8,000 7,331 6,863 7,000 5,592 6,000 5,148 4,894 4,983 4,720 5,000 4,000 3,000 2,000 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 5,000 4,077 4,000 3,716 3,540 4,093 3,093 3,630 3,559 2,718 3,000 3,110 2,203 2,773 1,864 2,075 2,000 1,676 1,825 2,257 1,919 2,105 1,840 1,702 1,000 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 71

A. A1. 123 2 A1(1) 72

A1(2) 123N I IIIII I IIIII 8C 14 73

28 13 6 (i) (ii) 250,000150,000(iii) (iv) A2. 50 74

B1(2)B2(2)B3(2)B4(2) C1 30% 75

(i)(ii) (iii) A3. 76

ISO 9001ISO 14001OHSAS 18001 ISO 50001 (i)(ii) (iii) (iv)(v) (vi) 77

A4. 52 52 [ ] 583 78

(i)(ii) (iii) B. B1. B1(1) 406 2 5 406D III 79

295 13 (i) 1,000 10,000 (ii) (a) (b) 10,000 100,000 (c) (d) (i) (ii)(iii) B1(2) A2. 80

0.57 0.57 4.7 0.57 0.57 3.4 1. 2. QMS 1 1 2 2 1 1 1 2 4 2 1 B0 1 B0 1 B2 2 A2 1 C0 2 C2 5 A2 A2. 81

0.57 0.57 1 2 2 1 1C2 1H2 3A2 3.4 B1(3) A3. 82

ISO 9001ISO 14001 OHSAS 18001 (a) (b) (c) 8 B2. B2(1) 95A 83

1 2 (a) (b) 1 102 3 21 95 84

3 12 3 12 3 1 2 1 2 10,000 9 B2(2) A2. 0.57 0.57 0.57 0.57 1 2 1. 1 2 2. QMS 85

2 1 2 1 2 4 2 1 3 1A2 1 1 3 1A2 1 [ ] B2(3) A3. 86

12 3 303 ISO 9001ISO 14001 OHSAS 18001 (a) 3 (b) 87

B3. B3(1) 123J A E G 3 1 A/E AEG A/E AEG 2 AEG AEG 3 A/E AEG A/E A/E AEG A II IIIE III III A III IIIE III III A1. 88

B3(2) A2. 0.57 4.7 0.57 3.4 2 2 1 1 A2 1 1 QMS 1 2 4 2 2 A2 1 2 89

A2. 0.57 0.57 1 2 2 1 2 1 A2 3.4 90

B4. B4(1) 102 15(1) (i)(ii) 1987 (i) (ii) 1993 10 1 12 31 12 15(1) 10,001 25,000 6 91

B4(2) AD G 3 1 A D D D 2 D D D D D 3 D D/G D/G A 12 3 D 2 3 A 2 3 D 2 3 A1. B4(3) A2. 0.57 0.57 0.57 0.57 QMS 92

2 2 1 1 1 A2 1 2 4 2 1 1A2 A2. 93

3.4 3.4 3 10 B4(4) B2(3) 94

C. C1. A2. 3.4 3.4 * A2. 95

0.57 0.57 2 2 1 1A2 1 ph C2. 610 96

11 409 2(1) 100,000 6 10,000 30 97

25,000 [ ] D. D1. 59 (1) (2) 500,000 500,000 59I (i)18 (ii) (iii)(iv)(v) (vi) 200,00012 98

D2. 509 200,000 200,000 (i) (ii) 200,000 500,000 50,000 12 D3. 314 E. E1. 311 99

311O 311R 311C E2. 354 354N 354C 1 21 200,000 500,000 10,000 E3. 466 100

200,000 500,000 10,000 E4. 499 2 2 I (i)2,000,000 (ii) 5,000,000 10,000 1997 11 1 2011 4 22 2015 3 1 2007 9 1 101

5 3 2014116 2001 7 1 201531 2016 12 31 2016 12 31 42 2017 1 1 2015 10 9 (1) (2) 2016 12 31 2016 6 30 (3) 2017 1 1 2016 7 1 102

1. 2. 3. 1. 5 2 30 2. 10 10 200 120 20 60 15 3. 5060 4. 3 200 5. 103

1. 100 2. (1) 12 9 (2) 10 60 (3) 50 (4) 150 3. 5 20 2 4. 1. 5 2 10 2. 10 10 100 60 10 30 10 104

3. 1518 4. 3 40 5. 1. 20 2. (1) 8 (2) 10 20 (3) 20 (4) 50 3. 5 15 2 4. 35 1. 5 2 5 2. 8 105

8 60 3020 10 3. 810 4. 3 20 5. 1. 10 2. (1) 82 (2) 8 10 (3) 15 (4) 30 3. 5 8 2 106

4. 20 10 1. 5 2 4 2. 8 8 40 30 5 10 15 5 3. 56 4. 3 25 5. 1. 10 2. (1) 5 107

(2) 10 10 (3) 20 (4) 30 3. 5 2 4 4. 1. 5 2 1 2. 3 3 20 10 2 4 5 2 3. 11.5 108

4. 3 5 5. 1. 6 2. (1) 3 (2) 8 6 (3) 15 (4) 20 (5) I 2 3. 50,000 (1) (2) 109

1. 2. 3. 4. 5. (i)(ii) (iii)2015 5 1. (i) (ii) 2. 110

6 9 6 12 2016 6 30 2002 9 27 2002 12 1 (a) (b) (c) 50% 50% (d) 2003 12 19 2004 1 1 2002 6 29 2002 11 1 2009 8 27 2014 8 31 2004 1 13 2013 7 18 2014 7 29 111

3 3 3 2003 11 24 2004 2 1 2000 1 30 112

2007 6 29 2008 1 1 2012 12 28 2013 7 1 2010 10 28 2011 7 1 2002 3 24 2007 3 16 2008 1 1 2007 12 6 2008 1 1 25% 25% 10% 2008 11 10 2009 1 1 2011 10 28 2011 11 1 113

17% 2008 11 10 2009 1 1 3% 20% 2012 1 1 2015 2 3 7 47 7 (i) (ii)(iii) 7 7 (i)(a)80%(b) 80% (c)80% 50% 100%(ii) (iii)[] 114

2000 10 31 2006 8 21 25% 5%25% 10% 2009 2 2 (i)(ii) (iii) 2009 10 1 1996 1 29 1996 4 1 1997 1 14 2008 8 1 115

79/85/M 1/2015 79/85/M (i) (ii) 1/2015 (i)(ii) (iii) 116

1/2015 48.º49.º50.º51.º 68.º 2015 [ ] 8 1 8 3 23 1 117

8 18 7/2008 10 27 21/2009 8 2 6/2004 21/2009 1 21/2009 5,000.00 10,000,00 5,000.0010,000,00 6/2004 1 [ ] 118

40 35 2003 20102011[] 15 2010 2010 6 90% 10% 888.5 533.5 2010 3 31 2010 7 27 2011 6 30 [ ] 2000 1967 1972 1980 1980 119

2001 2010 2003 1989 2005 2007 [ ] 120

2011 2011 2013 10 2014 7 [ ] 121

100% 100% 100% Building Material FSE Environmental 100% 100% 100% 30 3(a) 3(b) 122

1. 2. FSE Environmental 2013 4 3(a). 3(b). 4. [ ] [ ] 3 5. (1) (2) [ ] 3 49 16 2014 6 1. 1967 9 13 10,000,020 100% 1 2. 1980 1 22 30,000,000 100% 3. 1990 9 7 2,000,000 100% 4. 1975 12 19 50,000,000 2 100% 123

5. 1972 5 30 40,000,000 100% 6. 2007 3 9 25,000 100% 7. 2005 3 1 25,000 100% 8. 2003 7 23 100% 150,000,000 9. 1989 4 28 100,000 100% 10. 2011 1 6 100% 15,000,000 11. 1983 2 11 100 100% 12. 1981 5 12 10,000,000 3 100% 13. Environmental P&S 1986 12 23 100,000 100% 14. 2013 10 22 10,000 100% 15. 1980 4 18 570,000 4 100% 16. EPS 2014 7 7 25,000 100% 1. 7,667,140 766,714 2,332,880 233,288 2. 34,400,000 34,400,000 15,600,000 15,600,000 3. 8,500,000 8,500,000 1,500,000 1,500,000 4. 535,000 535,000 35,000 35,000 124

2003 7 23 2011 6 2014 51% 49% 2014 4 8 180 2014 6 2013 9 23 2013 8 8 2,714,844 51% 49% 2013 6 30 1. 2014 6 20 95,674,494 DMI Development LimitedUnison City Investments Limited 125

DMI Development Limited 2014 5 31 DMI Development Limited28 L3 P1066 2 7 23467 9 2. 2014 6 20 29,918,399 Solution Ace Holdings Limited 2014 5 31 28 7 10 11 3. 2014 6 20 7,078,575 Jetset Holdings Limited 2014 5 31 28 7 1 90% 10% 6 30 2013 2014 2015 1 (2,428) 2 DMI Development Limited (2,289,100) 1 2 (128,442) (394,137) 2 (260,158) 1 2 1. 2. [] 4.44 2016 6 30 2018 6 30 5.00 126

1 90% 2 10% 6 100% 1 2 3 4 5 63% 9% 18% 9% 1% 1% 9% 18% 6 100% 1. Sino Spring Global 2. Frontier Star 3. 18% Sino Spring Global 2015 6 23 4. Master Empire Group (5%)(4%) 9% 2015 6 23 127

5. Lagoon Treasure 1% Frontier Star 2015 6 23 6. [ ] 2015 6 23 9% Sino Spring GlobalMaster Empire Group (5%) Supreme Win Enterprises (4%) 2015 6 23 18% Sino Spring Global 180,000,000 2015 6 23 1% Frontier Star 10,000,000 Lagoon TreasureLagoon Treasure Lagoon Treasure 2015 5 5 2015 6 23 2015 6 23 2015 6 23 2015 6 23 Sino Spring Global Frontier Star. 18% 1% 128

Lagoon Treasure [ ] [] [] [ ] [ ]% [ ]% 180,000,000 2015 6 23 10,000,000 2015 6 23 56.6% 101,880,000 43.4% 78,120,000 [ ] 56.6% 5,660,000 43.4% 4,340,000 [ ] [ ] 2014 6 30 4.3 [ ] [ ] 2014 6 30 [ ] 2014 6 30 4.3 [ ] [ ] 2014 6 30 [ ] 129

Lagoon Treasure [ ] []%[][ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ][ ] 130

[ ] [ ] 1 2 3 4 5 63% 9% 18% 9% 1% 100% 6 100% 6 100% 100% 100% Building Material FSE Environmental 100% 100% 100% 10 30 7 6 1. Sino Spring GlobalSino Spring Global 2. Frontier StarFrontier Star 3. 18% Sino Spring Global 2015 6 23 4. Master Empire Group (5%)(4%) 9% 2015 6 23 Sino Spring Global 131

5. Lagoon TreasureLagoon Treasure 1% Frontier Star 2015 6 23 6. [ ] 7. [ ] [ ] 1 2 3 4 5 63% 9% 18% 9% 1% 100% 6 100% 100% 100% 100% Building Material FSE Environmental 100% 100% 100% 10 30 7 6 1. Sino Spring GlobalSino Spring Global 2. Frontier StarFrontier Star 3. 18% Sino Spring Global 2015 6 23 4. Master Empire Group (5%)(4%) 9% 2015 6 23 Sino Spring Global 5. Lagoon TreasureLagoon Treasure 1% Frontier Star 2015 6 23 6. [] 132

7. [ ] [ ] [ ] 63% 9% 18% 9% 1% 1 2 3 4 5 6 [] [] 100% 100% 100% Building Material FSE Environmental 100% 100% 100% 10 30 7 6 1. Sino Spring GlobalSino Spring Global 2. Frontier StarFrontier Star 3. 18% 2015 6 23 Sino Spring Global 4. Master Empire Group (5%)(4%) 9% 2015 6 23 Sino Spring Global 5. Lagoon TreasureLagoon Treasure 1% 2015 6 23 Frontier Star 133

6. [] 7. [ ] [ ] [ ] 1. 2. 3. 4. 5. 6. [ ] 134

[ ] [ ] [ ] [ ] 135

20134.3% 8.0% 2014 4.9% 3.8%40 10,000 38 100 382747 3,0005,500 4,100 (1)(i) (ii) (iii)500 (2) (i) 1,700 (ii)(3) (i) 450,000 (ii)450 (i)(ii)(iii)(iv) 136

2015 6 30 98.4% 1.6% 40 15 137

2013 4.3% 8.0% 2014 4.9% 3.8% 12 2015 2019 138

ISO 9001 OHSAS 18001 ISO 14001 ISO 200002001 139

20 30 10 140

[ ] 2015 16 2024 25 480,000 100 [ ] 141

201320142015 6 30 43.0 53.6 54.2 BEAM LEED 2015 2019 5% 142

BIM BIM 2015 6 30 98.4% 10,000 38100 5,5003,000 4,100 143

6 30 2013 2014 2015 % % % 1,461,999 62.5 1,691,861 67.6 1,518,533 54.6 370,641 15.8 216,798 8.7 879,671 31.6 506,518 21.7 594,476 23.7 382,349 13.8 2,339,158 100.0 2,503,135 100.0 2,780,553 100.0 6 30 2013 2014 2015 % % % 1,850,903 79.1 2,186,555 87.4 2,385,554 85.8 488,255 20.9 316,580 12.6 394,999 14.2 2,339,158 100.0 2,503,135 100.0 2,780,553 100.0 6 30 2013 2014 2015 % % % 1,910,997 81.7 2,032,856 81.2 2,279,642 81.9 326,762 14.0 376,824 15.1 399,396 14.4 (1) 101,399 4.3 93,455 3.7 101,515 3.7 2,339,158 100.0 2,503,135 100.0 2,780,553 100.0 (1) 144

1985 145

1976 2007 2015 2014 2013 146

2014 2015 6 30 14.0%15.1% 14.4% [ ] 1.2 (i) (ii) 147

10,000 14 100 14 6 30 (3) 2013 2014 2015 (1) 2011/03 2014/09 459,941 143,094 106,391 73,217 322,702 (2) 2011/06 2013/06 205,000 105,860 44,545 150,405 2012/10 (2) 2015/03 113,230 24,871 85,187 13,367 123,425 (2) 2012/04 2014/04 118,779 21,144 82,809 8,855 112,808 (1) 2012/12 2015/05 100,030 19,574 69,570 89,144 (2) 2009/12 2013/04 199,530 41,930 13,007 454 55,391 2012/08 2015/07 177,390 109,036 26,899 135,935 2013/09 (2) 2015/07 136,094 14,313 103,705 118,018 2011/12 2013/01 311,912 241,405 2,489 243,894 2013/03 2015/08 629,000 197,515 411,179 608,694 148

6 30 (3) 2013 2014 2015 2010/04 2013/05 611,817 102,119 25,217 12,865 140,201 2011/06 2014/07 195,294 57,879 86,988 16,232 161,099 (4) 2010/12 2012/12 234,444 39,656 (3,736) 7,474 43,394 2012/08 2013/11 323,555 191,729 63,804 255,533 (1) (2) (3) (4) 2014 6 30 2013 6 30 24 6 30 6 30 2018 6 30 (1) (2) 2013 2014 2015 (3) 2016 2017 2018 (5) 2013/12 2017/09 1,141,700 23,457 23,457 944,760 150,145 570,689 308,128 (5) 2014/11 2016/11 2015/05 2017/10 665,632 665,632 166,408 499,224 290,540 290,815 177,315 108,833 (5) 2014/11 2016/08 224,910 173,444 179,928 44,982 (5) 2014/02 2016/03 181,000 131,749 71,191 106,786 2014/12 2016/12 199,336 194,936 29,241 165,695 149

6 30 6 30 2018 6 30 (1) (2) 2013 2014 2015 (3) 2016 2017 2018 (5) 2014/11 2016/08 2013/12 (5) 2016/10 2015/06 (4) 2018/02 2013/04 (4) 2015/10 2012/12 (4) 2015/11 (4) (5) 2013/06 2015/08 (5) 2014/03 2015/10 (5) 2013/04 2014/10 2012/03 2015/04 2012/08 (5) 2014/07 2012/06 (5) 2014/06 2015/08 2017/03 2015/06 (5) 2017/02 167,900 147,288 100,740 67,160 186,800 38,634 38,634 112,390 55,956 93,260 146,460 132,633 92,843 39,790 160,130 29,068 29,068 92,341 79,551 28,927 154,490 57,649 57,649 62,953 50,885 42,404 111,347 54,118 54,118 35,783 66,332 11,055 142,800 101,363 101,363 13,729 78,878 267,837 196,612 42,708 239,320 20,436 4,000 129,000 20,571 62,335 31,729 114,635 15,741 6,696 115,669 41,740 55,030 96,770 10,730 17,251 177,329 131,822 43,668 175,490 4,102 9,268 126,428 121,828 30,457 67,005 24,366 108,400 108,400 78,000 20,000 10,400 BMS 2013/11 201/01 2014/01 2015/09 653,231 356,762 356,762 299,058 282,982 69,369 293,478 85,176 85,176 134,871 135,992 67,996 (6) 2014/11 2016/06 2012/10 2015/06 2015/08 (6) 2016/11 205,567 182,025 130,420 55,894 172,335 57,858 91,580 149,438 34,835 18,604 149,132 136,975 44,740 104,392 (1) (2) (3) (4) (5) (6) 150

2015 7 1 221 1 1 (i)(ii) (iii) 6 30 2013 2014 2015 8,173 93 5,898 44 7,748 81 13,484 137 14,122 133 8,420 104 21,657 230 20,020 177 16,168 185 693 23 1,386 26 2,097 19 1,910 21 992 10 833 15 2,603 44 2,378 36 2,930 34 (1)(2) 8.5% 24.7% 23.5% 59.1% 27.1% 23.5% 14.2% 15.3% 7.0% 7.5% 9.9% 14.4% 12.0% 19.1% 11.9% 20.3% 18.1% 18.4% (1) (i)(ii)(iii) (2) 2014 6 30 59.1% (1) 23.5% 151

(i)(ii) (iii) 6 30 2013 2014 2015 452 2,676 555 2,938 590 2,765 2,224 6,057 1,527 6,355 1,939 8,089 2,676 8,733 2,082 9,293 2,529 10,854 111 1,273 149 1,403 172 1,255 231 2,641 407 2,374 321 2,584 342 3,914 556 3,777 493 3,839 (1)(2) 24.6% 47.6% 26.8% 47.8% 29.1% 45.4% 10.4% 43.6% 26.6% 37.4% 16.6% 32.0% 12.8% 44.8% 26.7% 40.6% 19.5% 35.4% (1) (i)(ii)(iii) 2 152

36 2448 1224 (1) 153

154

(i) (ii)(iii)(iv) (v)(vi) (vii) 155

(i)(ii) IMS IMS ISO 9001:2008 156

ISO 9001 157

14 21 28 40 10%5% 158

159

(i) (ii)1,000 1.0 0.5 45 60 2013 2014 2015 6 30 99.6 203.1 289.2 19.9%26.3% 31.8% 2013 2014 2015 6 30 122.5 155.7 262.4 10.5 %14.3 % 23.4% 160

350 ISO 9001 10 (i)(ii) (iii)1 30 45 5% 10% 30 45 10%5% (i) (ii) 10% 5% 10%50% 161

1224 162

ISO 163

80% 2015 7 1/2015 2015 7 (1) (2) (3) (4) 1/2015 10 164

2015 7 13 1/2015 1/2015 10 3 50 70 2015 7 Aware Media Reports Aware Media Reports 7 3 4 7 Aware Media Reports7 7 1/2015 Aware Media Reports 1/2015 2013 165

2014 4.3% 4.9% 201320148.0%3.8% 12 2013 2014 2015 6 30 101.4 93.5 101.5 4.3%3.7% 3.6% 166

2013 2014 2015 6 30 140 147 135 2015 6 30 15.9 2013 2014 2015 6 30 6.46.2 5.6 20 EPSL REA BEAM HOKLAS 167

2013 2014 2015 6 30 43.053.6 54.2 6 30 2013 2014 2015 31,030 40,242 46,620 11,980 13,339 7,582 43,010 53,581 54,202 Chloropac AquaSed EnviroWash STSAquaSed STS 610 10 168

BEAM LEED BEAM LEED (i)(ii) (iii)(iv) (v)(vi) (vii) (viii) (ix) (x) 169

18 AquaSed HOKLAS ISO 9001 2008 (i)(ii) (iii)(iv)(v)(vi) 170

2013 2014 2015 6 30 5.8%7.0% 10.5%1.4%1.7%5.1% % 2015 6 30 A 126.1 5.1% 11 45 B 38.0 1.5% C 36.1 1.4% D 31.2 1.3% 7 45 2 45 10 30 E 31.0 1.2% 9 45 60 2014 6 30 F 37.7 1.7% 25 30 45 G 34.2 1.5% 13 45 H 31.3 1.4% 25 45 I 28.4 1.3% 13 30 J 24.9 1.1% 5 30 45 171

% 2013 6 30 G 28.4 1.4% 13 45 H 25.4 1.2% 25 45 I 22.8 1.1% 13 30 K 24.3 1.2% 25 45 F 21.6 1.0% 25 30 45 5% 2013 2014 2015 6 30 4.7%9.1% 11.7% 1.2%4.0% 3.3% 2013 2014 2015 6 30 172

% 2015 6 30 A 81.6 3.3% 9 60 B 67.3 2.7% 12 60 C 57.3 2.3% 25 60 D 43.9 1.8% 10 30 E 40.9 1.6% 9 30 2014 6 30 C 88.6 4.0% 25 60 F 54.2 2.4% 25 60 G 20.7 0.9% 7 45 H 20.7 0.9% 15 120 I 18.8 0.8% 10 45 2013 6 30 J 24.8 1.2% 8 30 60 F 24.5 1.2% 25 60 H 20.9 1.0% 15 120 B 15.2 0.7% 12 60 G 14.2 0.7% 7 45 5% 173

2013 2014 2015 6 30 60.3%58.8% 58.6%25.1%28.9% 21.2%2013 2014 2015 6 30 % 2015 6 30 (1) 599.9 21.2% 8 30 60 A 411.2 14.6% 4 28 B 357.5 12.7% 2 39 C 155.4 5.5% 12 21 30 D 132.3 4.7% 10 28 2014 6 30 (1) 739.4 28.9% 8 30 60 C 252.3 9.9% A 197.5 7.7% 12 21 30 4 28 E 166.8 6.5% 7 30 56 F 146.9 5.8% 14 21 (1) 174

% 2013 6 30 (1) 596.6 25.1% 8 30 60 G 285.4 12.0% 9 14 E 249.4 10.5% 7 30 56 F 194.8 8.2% 14 21 H (2) 109.4 4.6% 7 30 (1) (2) H 2013 7 17 H 5% B1. 175

ISO/IEC 20000 1:2011 2009 2 25 2018 2 24 ISO 9001:2008 1994 10 21 2016 6 6 2000 4 25 2018 4 24 1996 9 5 2016 3 8 19971127 2015 11 26 OHSAS 18001:2007 2005 3 2 2016 6 6 2005 1 31 2016 3 8 2005 4 28 2015 11 26 ISO 14001:2004 2004 6 7 2016 6 6 2001 3 9 2016 3 8 2006 2 1 2015 11 26 GB/T19001 2008ISO9001: 2008 GB/ T50430 2007 2013 8 27 2016 8 26 ISO ISO 9001ISO 14001 OHSAS 18001 176

2014 2014 2015 2012 2015 EPS 2012 2015 2012 2015 1st 2010 2015 2006 2015 2012 2014 2014 3 6 2014 2014 2013 2014 2014 2014 2014 2014 2013 1 3 2013 7 9 2013 2013 2013 FutureArc Green Leadership Award 2013 BCI Asia 177

2012 2011 2013201420156301,443 1,486 1,553 1,603 19 0 2 21 20 4 15 39 99 21 85 205 23 0 32 55 21 5 18 44 20 7 3 30 326 56 269 651 394 38 34 466 72 0 0 72 20 0 0 20 1,014 131 458 1,603 178

2013 2014 2015 6 30 14.5%16.2% 14.9% 2015 6 30 7 179

AquaSedMicroGreenFirm CMMSCS Collection AquaSedMicroGreen 5 11 37 [ ] 2015 6 30 15% [ ] [] [ ] 6(2)[] 342(1)(b) 3 34(2) 4 2,800 3 500 180

17 2,100 2910,800 12 [ ]A3. 201,370 243,840 [ ] A1. 2013 2014 2015 6 30 25.5 28.6 35.2 2015 12 [ ] [ ]A2. 2 14 9 5 2 181

2 1,000 10,000 16. (i) (ii) (iii) (iv) (i) (i)(ii)(iii)(iv) (i)(ii) (iii) (1) (1) (2) (2) (3) (3) 182

183

OHSAS 18001 IMS 184

(i) (ii) 100 (iii)100 (i) (ii) (iii) 2011 10 11 2013 4 2 3 2013 5 27 2013 11 6 7 2013 11 27 185

2013 11 27 1 2,101 22 1,052 2,316 3,153 2,338 164 2 54 219 218 221 7.8% 9.1% 5.1% 9.5% 6.9% 9.5% (i)(ii)(iii) 44,000 2014 8 2013 11 2 2014 186

2013 2014 2015 6 30 1629 32 77 1 3 4 6 4 3 8 12 9 12 8 7 77 77 820.8 6 6 (i)2 9.0(ii) 4 1,000,000 9.0 (i)(ii) 4 8 35 2.6 2013 2014 2015 6 30 1,000 16.521.9 25.5 187

2012 2013 2014 12 31 1,000 12 31 2012 2013 2014 15.9 24.3 21.7 44.3 40.8 41.9 2013 2014 2015 6 30 0.70.9 1.1 100,000 8 25 12 1,000 1,000 2014 41.9 1. 2. 3. 4. 5. 6. (i) (ii) 188

2014 (i) (ii) (iii) (iv)2014 12 31 (v) 2013 11 (i)(ii) (iii)franki Mak (iv) 200,000 (i) (ii)extensive Limited 189

ISO14001 190

[ ] [ ] A. 1. (1) (2) (3) (4) (1) 1992 9 8 (2) 2004 1 19 (3) 1981 9 3 (4) 2001 2 20 2. (1) (2) (3) (4) (1) 1990 3 5 (2) 2004 1 19 (3) 1981 9 3 (4) 1976 6 7 3. (1) 1 (2) 1) (1) 2002 7 2 (2) 2005 8 23 4. (1) (2) (1) 2014 8 6 (2) 2014 12 18 (1) 2017 8 18 (2) 2018 2 9 191

5. (1) A D E (2) A D E A D E (1) 2015 7 5 (2) 2015 9 21 (1) 2018 7 5 (2) 2018 9 21 6. (1) (2) (3) (4) (5) (6) (1) 2013 4 18 (2) 2013 5 2 (3) 2013 4 18 (4) 2013 3 19 (5) 2013 9 2 (6) 2013 4 17 (1) 2016 5 17 (2) 2016 5 3 (3) 2016 5 30 (4) 2016 5 11 (5) 2016 9 22 (6) 2016 4 28 7. 241 2015 7 8 2016 8 12 8. (1) I (2) II I 570 II 1) 1998 10 13 (2) 1976 6 4 9. (1) II 2 (2) III II 570 2 III (1) 2004 11 30 (2) 1985 6 25 192

10. (1) II (2) II II (1) 2007 5 8 (2) 2015 6 10 11. 12. 1998 11 12 2015 2 9 13. II 3 2013 11 14 II 3 14. 15. 16. 2006 4 21 1991 8 16 1991 12 30 193

17. 18. 1996 6 12 2010 1 12 19. 20. 2014 7 21 2014 7 21 21. 2014 7 21 2016 7 20 2016 7 20 2016 7 20 22. 2015 1 13 2017 1 12 23. 24. 2014 8 12 2014 5 3 2016 8 11 2016 5 2 25. 2014 4 10 194

26. 2011 10 24 27. 2012 1 20 2016 11 30 B. 28. (DSSOPT) (1) (2) (3) (1) 2015 1 27 (2) 2015 1 27 (3) 2015 1 27 (1) 2015 12 31 (2) 2015 12 31 (3) 2015 12 31 29. (DSSOPT) (1) (2) (1) 2015 1 27 (2) 2015 1 27 (1) 2015 12 31 (2) 2015 12 31 C. 30. ) 4 2014 10 14 5 31. (1) (2) (3) (1) (2) (3) 35 4 15 10 4 (1) 2014 10 14 (2) 2013 9 23 (3) 2009 2 24 5 195

32. (1) (2) (1) (2) 4 (3) ) 24 25,000 4 (1) 2014 10 14 (2) 2013 5 14 (3) 2009 2 24 5 (3) 33. (1) (2) (3) (1) (2) (3) (1) 2013 12 30 (2) 2014 6 5 (3) 2014 10 20 (1) 2016 12 29 (2) 2017 6 4 (3) 2017 9 22 (1) (2) 2.3 (3) 2.38.2 (4) 2002 15 2003 (a) (b) (c)(i)50%(ii)50% 196

(d) (5) 2015 3 2015 10 9 2016 6 30 2016 7 1 6 3 1 1 A 2 6 6 D 6 6 E 2 6 6 6 6 197

A 4 4 D 4 4 E 2 4 4 4 4 (i) (ii)(iii) 198

[ ] [ ] [ ] 30% 1 1 [ ] [] Sino Spring Global 1 2 [ ] [] 1 2 [ ] [] (1) Sino Spring GlobalFrontier StarMaster Empire Group Lagoon Treasure63%9%5%4%18% 1% [ ]Sino Spring Global (2) Sino Spring Global2014 1 3 [ ]Sino Spring Global Sino Spring Global [ ] 2013 7 2013 7 1 2008 199

[ ] [ ] 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 200

[ ][ ] [ ] 201

Sino Spring Global [ ] [ ] X X X X X X X X X X X X X X X X X X 202

[ ] [ ] [ ] 203

[ ] (i) (ii) (iii) (iv) (v) 204

(vi) (i)(v) (vi) (i)[] [ ] [ ] (ii)[] [ ] [ ] [ ] [ ] (a) 30% (b) [ ] [ ][] 205

[ ] [ ] 30% [] 1. [ ] 2. [] 206

2015 11 20 2015 11 20 2015 11 20 2013 149.79 0.02 2014 0.08 59.80 0.03 2015 26.23 0.19 37.87 0.02 0.10 4.44 2016 30.00 0.20 50.00 3.00 4.44 2017 20.00 0.20 60.00 5.00 5.00 2018 53.00 5.00 5.00 [ ] 207

2015 11 20 2015 11 20 2015 11 20 2015 11 20 2013 596.56 5.87 54.60 0.17 5.97 74.51 0.02 2014 739.35 2.30 70.63 0.12 1.53 94.54 0.01 2015 599.92 2.06 28.69 7.00 50.19 2016 1,400.00 210.00 0.80 75.00 57.00 0.60 2017 1,600.00 210.00 0.80 61.00 65.00 0.60 2018 90.00 [ ] 208

1. 2. 209

A1. 210

2015 11 20 2014 4 11 [ ] 2017 6 30 6 30 2013 2014 2015 26,233,000 77,000 185,000 [ ] 6 30 2016 2017 30,000,000 20,000,000 200,000 200,000 211

2017 6 30 200,000 200,000 6 30 2016 2017 [10,802,000] [19,198,000] [20,000,000] [30,000,000] [20,000,000] (i) (ii) (iii) A2. 212

2015 11 20 [ ] 2018 6 30 6 30 2013 2014 2015 149,791,000 59,802,000 37,873,000 21,000 29,000 20,000 [ ] 6 30 1 2016 2017 2018 50,000,000 60,000,000 53,000,000 2 3,000,000 5,000,000 5,000,000 1. 2. 2018 6 30 (i)2.4 4.1 4.1 (ii) 213

[ ] 2015 12 [ ] 2018 6 30 6 30 2016 2017 2018 [27,501,000] [9,146,000] [ ] [22,499,000] [50,854,000] [53,000,000] [50,000,000] [60,000,000] [53,000,000] (i) (ii) (iii)(iv) (v) (vi) 214

A3. 2015 11 20 [ ] 2018 6 30 6 30 2013 2014 2015 100,000 4,437,600 215

[ ] 6 30 2016 2017 2018 4,437,600 5,000,000 5,000,000 2018 6 30 4,437,600 [5,000,000] 5,000,000 [ ] [ ] [ ] 6 30 2016 2017 2018 50,000,000 60,000,000 53,000,000 50,000,000 60,000,000 53,000,000 3,000,000 5,000,000 5,000,000 4,437,600 5,000,000 5,000,000 7,437,600 10,000,000 10,000,000 216

0.1% 5% [ ] B1. (i)(ii) 2015 11 20 2014 4 11 [ ] 2017 6 30 217

6 30 2013 2014 2015 596,559,000 739,350,000 599,915,000 5,865,000 2,300,000 2,060,000 602,424,000 741,650,000 601,975,000 [ ] 6 30 2016 2017 1,400,000,000 1,600,000,000 1,400,000,000 1,600,000,000 6 30 2016 2017 1,087,453,000 1,455,074,000 312,547,000 144,926,000 [1,400,000,000][1,600,000,000] 218

(i) (ii) (iii)(iv) (v) (vi) B2. 2015 11 20 2014 6 30 [ ] 2017 6 30 219

6 30 2013 2014 2015 54,597,000 70,631,000 28,690,000 165,000 121,000 54,762,000 70,752,000 28,690,000 [] 6 30 2016 2017 210,000,000 210,000,000 800,000 800,000 210,800,000 210,800,000 2017 6 30 800,000 800,000 [ ] 220

6 30 2016 2017 [185,718,000] [58,425,000] [24,282,000] [151,575,000] [210,000,000] [210,000,000] (i) (ii) (iii)(iv) (v) B3. 2015 11 20 221

[ ] 2018 6 30 6 30 2013 2014 2015 5,970,000 1,526,000 6,996,000 [ ] 6 30 2016 2017 2018 75,000,000 61,000,000 90,000,000 6 30 2016 2017 2018 [69,479,000] [50,679,000] [16,391,000] [5,521,000] [10,321,000] [73,609,000] [75,000,000] [61,000,000] [90,000,000] 222

(i) (ii) (iii) (iv) (v) B4. 2015 11 20 2014 4 11 [ ] 2017 6 30 223

6 30 2013 2014 2015 74,509,000 94,543,000 50,192,000 18,000 10,000 74,527,000 94,553,000 50,192,000 [ ] 6 30 2016 2017 57,000,000 65,000,000 [600,000] [600,000] 57,600,000 65,600,000 2017 6 30 [600,000] [600,000] [ ] 224

6 30 2016 2017 [50,002,000] [1,536,000] [6,998,000] [63,464,000] [57,000,000] [65,000,000] (i) (ii) (iii)(iv) (v) (vi) 225

[ ] [ ] [ ] 0.1% 5% [ ] [ ] 5% 10,000,000 [][][] [ ] [ ] [ ] [ ] 40 226

37.0%37.8% 26.5% 63.0%62.2% 73.5% 100 6 30 1 2 1 2013 2014 2 278,894 14,313 2015 1 167,900 205,069 (1) (2) 227

2015 6 30 612.53 2015 6 30 1,601.32 2013 6 30 2013 2014 6 30 2014 201563020152,380.58 2,555.02 2,825.11 113.73 131.20 149.15 2013 2014 2015 20.39 144.08 39.95 [ ] 228

229

68 2015 8 28 2015 8 28 2015 8 69 2015 6 22 2015 8 28 1998 1 60 2015 8 18 2015 8 28 1989 2 41 2015 6 22 2015 8 28 2014 6 44 2015 7 1 2015 8 28 2010 7 56 2015 8 18 2015 8 28 1983 5 66 2015 11 18 2015 11 18 230

68 2015 11 18 2015 11 18 50 2015 11 18 2015 11 18 GBS68 2011 7 2014 5 11 1989 6 480 2004 7 1009 2004 3 2015 5 1212 1996 8 2007 6 1972 10 2000 3 2012 5 1231 2013 5 880 231

1996 5 Johnson & Wales University 2001 7 Sino Spring Global 69 30 2004 3 2010 8 1983 9 1997 7 New World Hotels (International) Limited RHIL Limited 2003 1 2010 8 1995 6 1997 6 Renaissance Hotel Group N.V. [ ] 2010 9 2010 1 665 Frontier Star 9% 232

2011 6 30 2012 8 8 20001124 70% 30% 2008 4 11 30% 2012 6 4 2012 8 8 2012 8 8 2008313NWS Financial Management Services LimitedNWSFM [ ] 31.3NWSFM 31.3 6 NWSFM 6 [ ] 31.3 60 2015 11 20 1979 6 25 1989 2 1998 233

* * 2001 1 12 2001 8 16 2009 8 31 2012 8 8 41 1996 7 1997 2000 6 1999 12 2000 4 9 2014 6 2005 12 659 Sino Spring Global Master Empire Group 5% 4% 9% 234

2006 8 1 2011 6 30 2012 8 8 44[ ] 2015 8 28 1994 11 2002 11 2006 1 20 1994 8 1998 12 1999 1 2001 5 2001 5 2010 7 2010 8 Lagoon Treasure 1% 56 1981 11 1995 11 2005 11 2012 5 Richard Ivey School of Business (Asia) 30 1983 5 235

20072008 662015 11 182015 11 20 1972 1984 1998 (Price Waterhouse)1992 1997 [ ] [ ] 2005 10 3383 2011 6 2014 6 2003 3 2013 11 694 217 2011 5 1919 2004 3 2380 2011 11 1929 2007 3 1883 2003 4 8271 236

2004 8 97 2004 8 12 2002 10 2003 2 1140 2003 9 2012 9 952 6820151118 2015 11 20 2014 6 3383 2011 4 1668 2006 1 2015 2 711 2004 12 535 2009 4 2015 4 388 2005 7 1212 2011 10 590 2013 4 2386 1998 4 908 237

2011 2013 2006 388 2013 2015 2009 2015 2009 2015 1992 1996 1997 2000 2000 2015 2003 2009 1995199619972000 1991 1996 2011 2005 2011 2002 2005 2003 2009 2005 2011 1997 2005 2006 2010 A 50 2015 11 18 2015 11 20 1988 238

19911997 1992 121994 4 [ ] 2009 1 841 2012 6 3983 2006 11 1388 2012 3 2014 11 36 2009 11 465 2013 7 106 2008 6 777 2010 12 1231 2015 2 1528 2011 8 6868 2011 2 1386 2005 11 2014 10 405 (i)(ii) (iii) 239

[ ] [ ][] 7 47 2001 5 57 1983 6 2004 2 1999 3 53 1991 4 Extensive Limited 59 1995 8 Extensive Limited 2002 1 2011 3 65 1979 4 1995 8 240

65 1986 10 1998 1 61 1978 8 1989 5 FSE Environmental 47 [ ][] 1991 11 2008 3 (Richard Ivey School of Business) (Accelerating Management Talent Consortium Program) 2013 11 2013 7 (University of Sunderland) Beta Gamma Sigma 20 10 1991 4 (Price Waterhouse)(PricewaterhouseCoopers) 1996 4 1996 7 2001 1 2001 1 5 2001 5 14 241

57 1983 6 32 1981 11 1991 6 53 Extensive Limited1991 4 1990 9 2003 9 25 59(i) (ii)(iii)(iv) Extensive Limited1995 8 1976 (Scottish Business Education Council) 20 1984 7 (Price Waterhouse)1985 6 242

65 1975 6 30 1979 4 65 1986 10 1974 6 1975 12 39 HUD Engineering Ltd 61 FSE Environmental 1977 6 1978 10 (Ryerson Polytechnic University) 20024(Curtin University of Technology) 37 1978 8 243

2011 5 9 2012 8 8 [ ] [ ] (i) (ii) (iii) [][] [] [ ] (iv) [ ] [ ] [ ] [ ] 2015 11 20 [ ] 244

2015 11 20 [ ] 2015 11 20 [ ] [ ] 2015 11 20 245

2013 6 30 2014 6 30 2015 6 30 6.16.97.1 20166308 [ ] [ ] 246

485 [ ] 247

[ ] [ ] [ ] [ ] [ ] [ ] 10% (a) [ ] [ ] 1 1 2 300,000,000 (L) 100% [ ] (L) []% Sino Spring Global 300,000,000 (L) 100% [ ] (L) []% 2 3 300,000,000 (L) 100% [ ] (L) []% 23 4 4 300,000,000 (L) 100% [ ] (L) []% (1) L[ ] (2) Sino Spring GlobalFrontier StarMaster Empire Group Lagoon Treasure63%9%5%4%18% 1% [ ]Sino Spring Global (3) Sino Spring Global201413 [ ]Sino Spring Global Sino Spring Global (4) [ ] 248

(b) [ ] [ ] BioEnviroLink 1 [ ] [ ]% BioEnviroLink2012 8 8 [ ] [ ] [ ] [ ] [ ] [ ] 10% 249

1,000,000,000 0.10 100,000,000 [ ] [ ] [ ] 300,000,000 [ ] 30,000,000 37,500,000 [ ] 3,750,000 [ ] [ ] [] [ ] [ ] [ ] [ ] [ ] [ ] 300,000,000 [ ] 30,000,000 37,500,000 [ ] 3,750,000 [ ] [ ] [ ] [ ] [ ] [ ] (a) (b) [ ] [][][] 25% 250

[ ] [ ] [ ] [ ] [ ] 2015 11 20 [ ] [ ] 3,750,000 2015 11 20 37,500,000 [ ] 2015 11 20 [ ] 15. [ ] (a) [ ] [ ] 20%[ ] (b) (i)(ii) (iii) (iv) [ ] 251

(a) (b) (c) [ ] 3.2015 11 20 [ ] [ ] [ ] 10%[ ] [ ] [ ] [ ][ ][][][ ] [ ] 7. (a) (b) (c) [ ] 3. 2015 11 20 7. [ ] 252

[ ] 2015 6 30 [ ] [ ] 2013 4.3% 8.0% 2014 4.9% 3.8%40 10,000 38 100 382747 5,5003,000 4,100 (1)(i) (ii) (iii) 500 (2) (i)1,700 (ii) (3) (i)450,000 (ii)450 253

(i)(ii) (iii)(iv) 2015 6 30 95% 76 20156302,380.62,555.02,825.1 (i)11.8% 13.0% (ii)2015 6 30 2013 6 30 113.7 2014 6 30 131.2 2015 6 30 149.2 [ ] 2013 2014 2015 6 30 2013 2014 2015 6 30 2013 2014 2015630 254

2015 6 30 4,806.4 1,484.31,470.0 80% 55.4%49.4% 45.1% 24.5%35.3% 37.3% 3%5% 8% 10%20% 30% 255

+/-3% +/-5% +/-8% 2013 6 30 34,916 58,194 93,110 2014 6 30 32,908 54,847 87,756 2015 6 30 33,687 56,145 89,833 2013 6 30 34,916 58,194 93,110 2014 6 30 32,908 54,847 87,756 2015 6 30 33,687 56,145 89,833 +/-10% +/-20% +/-30% 2013 6 30 51,412 102,825 154,237 2014 6 30 78,462 156,924 235,386 2015 6 30 92,839 185,678 278,517 2013 6 30 51,412 102,825 154,237 2014 6 30 78,462 156,924 235,386 2015 6 30 92,839 185,678 278,517 1,400 2015 6 30 345.0 412.7 421.9 10%15% 20% 256

+/-10% +/-15% +/-20% 2013 6 30 34,497 51,746 68,994 2014 6 30 41,270 61,906 82,541 2015 6 30 42,186 63,279 84,372 2013 6 30 34,497 51,746 68,994 2014 6 30 41,270 61,906 82,541 2015 6 30 42,186 63,279 84,372 257

[ ] 5 2013 2014 2015 6 30 (i)(ii) (iii) 2 4 258

20 40 5 5 3 40 3 5 259

260

2013 2014 2015 6 30 [ ] 6 30 2013 2014 2015 2,380,584 2,555,017 2,825,107 (2,099,563) (2,222,136) (2,491,974) 281,021 332,881 333,133 5,218 7,909 5,603 (150,690) (200,446) (185,848) 135,549 140,344 152,888 2,917 8,774 16,209 (281) (848) 138,185 148,270 169,097 (24,453) (17,070) (19,946) 113,732 131,200 149,151 113,691 131,200 149,151 41 113,732 131,200 149,151 54,000 287,000 200,000 261

6 30 2013 2014 2015 2,339,158 2,503,135 2,780,553 43,010 53,581 54,202 (1,584) (1,699) (9,648) 2,380,584 2,555,017 2,825,107 6 30 2013 2014 2015 1,502,379 1,742,120 1,561,927 506,873 594,715 382,695 371,332 218,182 880,485 2,380,584 2,555,017 2,825,107 95% 6 30 2013 2014 2015 1,910,997 2,032,856 2,279,642 326,762 376,824 399,396 101,399 93,455 101,515 2,339,158 2,503,135 2,780,553 262

2015 6 30 81.7%81.2% 82.0% 2015 6 30 14.0% 15.1% 14.4% 76 100 50 6 30 2015 6 30 2013 2014 2015 629,000 197,515 411,179 608,694 653,231 356,762 356,762 459,941 143,094 106,391 73,217 322,702 323,555 191,729 63,804 255,533 311,912 241,405 2,489 243,894 267,837 196,612 42,708 239,320 177,329 131,822 43,668 175,490 195,294 57,879 86,988 16,232 161,099 205,000 105,860 44,545 150,405 172,335 57,858 91,580 149,438 611,817 102,119 25,217 12,865 140,201 177,390 109,036 26,899 135,935 263

6 30 2015 6 30 2013 2014 2015 113,230 24,871 85,187 13,367 123,425 136,094 14,313 103,705 118,018 129,000 20,571 62,335 31,729 114,635 118,779 21,144 82,809 8,855 112,808 142,800 101,363 101,363 115,669 41,740 55,030 96,770 100,030 19,574 69,570 89,144 293,478 85,176 85,176 154,490 57,649 57,649 199,530 41,930 13,007 454 55,391 111,347 54,118 54,118 5,799,088 758,873 1,469,167 1,719,930 3,947,970 6 30 2013 2014 2015 % % % 1,850,903 79.1 2,186,555 87.4 2,385,554 85.8 488,255 20.9 316,580 12.6 394,999 14.2 2,339,158 100.0 2,503,135 100.0 2,780,553 100.0 264

(i)100 (ii)2015 6 30 6 30 2013 2014 2015 (1) 1,141,700 23,457 23,457 2017 9 665,632 2016 11 290,540 2017 12 224,910 2016 8 205,567 2016 6 199,336 2016 12 186,800 38,634 38,634 2016 10 181,000 2016 3 167,900 2016 8 160,130 29,068 29,068 2015 10 (2) 149,132 2016 11 146,460 2018 2 126,428 2016 3 108,400 2018 2 3,953,935 91,159 91,159 (1) (2) 2016 1 265

(3) 2015 6 30 1.7%2.0% 1.6% 2013 2014 2015 6 30 55.4%49.4% 45.1% 2013 2014 2015 6 30 24.5%35.3% 37.3% 6 30 2013 2014 2015 1,163,879 1,096,949 1,122,909 514,124 784,619 928,391 266,580 325,746 323,323 86,352 48,732 57,903 34,695 (48,959) 488 (32,958) (60,348) (29,328) 66,891 75,397 88,288 2,099,563 2,222,136 2,491,974 266

2013 6 30 34.7 2014 6 30 49.0 2013 2014 2015 6 30 88.2%87.0% 88.2% 201320142015630281.0 332.9 333.1 6 30 2013 2014 2015 269,572 11.5% 319,174 12.8% 321,314 11.6% 11,449 27.6% 13,707 26.4% 11,819 26.5% 281,021 11.8% 332,881 13.0% 333,133 11.8% 2015 6 30 95% 267

(i)(ii)(iii) 6 30 2013 2014 2015 159,240 10.6% 160,152 9.2% 173,438 11.1% 32,541 6.4% 111,538 18.8% 50,480 13.2% 89,240 24.0% 61,191 28.0% 109,215 12.4% 281,021 11.8% 332,881 13.0% 333,133 11.8% 50% 6 30 2013 2014 2015 251,968 13.3% 303,410 13.6% 293,125 12.1% 29,053 5.9% 29,471 9.1% 40,008 9.8% 281,021 11.8% 332,881 13.0% 333,133 11.8% 85% 6 30 2013 2014 2015 * 202,775 10.6% 254,759 12.5% 243,664 10.7% # 25,679 7.9% 24,535 6.5% 32,893 8.2% 41,118 40.6% 39,880 42.7% 44,757 44.1% 269,572 11.5% 319,174 12.8% 321,314 11.6% 268

* # 75% 2013 2014 2015 6 30 5.2 7.9 5.6 72.4%59.6% 74.3% [ ] 6 30 2013 2014 2015 78,390 86,958 98,536 21,213 22,535 26,975 9,440 9,940 12,600 11,504 10,521 10,611 10,829 14,935 8,853 6,009 5,568 6,435 5,251 10,072 6,373 4,807 4,838 5,431 [ ] 5,235 1,336 58 20,131 11,951 (783) (356) (377) 2,694 3,295 5,176 150,690 200,446 185,848 2013 2014 2015 6 30 6.3%7.8% 6.6% 269

2013 2014 2015 6 30 52.0%43.4% 53.0% 2013 2014 2015 6 30 14.1%11.2% 14.5% FSE Management2013 2014 2015 6 30 6.3%5.0% 6.8% 2013 2014 2015 6 30 7.2%7.5% 4.8% 2014 6 30 20.1 201320142015 6 302.9 8.816.2 2015 6 30 1 (i)(ii)(iii) 2008 1 1 25% 2008 1 1 2008 1 1 2009 12 31 2010 1 1 2012 12 31 50% 2013 1 31 25% 10% 270

16.5% 2013 2014 300,000 0% 300,000 12% 600,000 0% 600,000 12% 9/2014 600,000 12% 113.7 131.2 149.2 113.7 131.2 149.2 2015 6 30 2014 6 30 2014 6 30 2,555.0270.1 2015 6 30 2,825.1 10.6% 246.8 2015 6 30 1,064.6 2014 6 30 826.7 2014 6 30 2,503.1 11.1% 2015 6 30 2,780.6 2015 6 30 1,064.6 2014 6 30 826.7 2014 6 30 53.6 1.1% 2015 6 30 54.2 271

2014 6 30 1,742.1 10.3%2015 6 301,561.9 2015 6 30 2014 6 30 2014 6 30 2014 6 30 594.7 35.6% 2015 6 30 382.7 2014 6 30 191.7 2015 6 30 100 2015 6 30 2014 6 30 218.2 303.5% 2015 6 30 880.5 2015 6 30 760 2014 6 30 197.5 2014 6 30 21.0 2014 6 30 2,222.1 269.9 2015 6 30 2,492.0 12.1% 2015 6 30 2014 6 30 49.0 2015 6 30 10.0 [ ] 2014 6 30 332.9 0.22015 6 30 333.1 2014 6 30 13.0% 2015 6 30 11.8% 272

201463049.0 2015 6 30 20142015630 7.95.6 2014 6 30 200.4 14.6 2015 6 30 185.8 7.3% (i)2014 6 30 20.1(ii) 2014 6 30 12.0 (iii)2014 6 30 11.6 2014 6 30 8.87.4 2015 6 30 16.2 84.1% 2014 6 30600.0673.42015 6 30 2014 6 30 2014 6 30 1 2015 6 30 2014 6 30 17.12.8 2015 6 30 19.9 16.4% 2014 6 30 273

2014 6 30 20.1 2015 6 30 2015 6 30 2015 6 30 2014 6 30 9.66.92015 6 30 2.7 2014 6 30 2.9 9.02015 6 30 6.12014 6 302.9 2014 6 30 2014 6 30 20 2015 6 30 2015 6 30 2015 6 30 6.120 2015 6 30 2014 6 30 303.6%2015 6 30 2014 6 30 61.2 78.5% 109.2 2014 6 30 28.0% 2015 6 30 12.4%2014 6 30 2014 6 30 2.0 2015 6 30 2.131.3% 6.99.0 2014 6 30 11.5% 2015 6 30 11.8%2015 6 30 274

2014 6 30 131.2 18.0 2015 6 30 149.2 13.7%2014 6 30 5.1% 2015 6 30 5.3% 2014 6 30 2013 6 30 2013 6 30 2,380.6174.4 2014 6 30 2,555.0 7.3% 2013 6 30 2,339.2 7.0% 2014 6 30 2,503.1 2013 6 30 43.0 24.7% 2014 6 30 53.6 2013 6 30 1,502.4 16.0%2014 6 301,742.1 2013 6 30 506.9 17.3% 2014 6 30 594.7 2013 6 30 371.3 41.2% 2014 6 30 218.2 2013 6 30 100.0 2014 6 30 20.7 275

2013 6 30 2,099.6 122.5 2014 6 30 2,222.1 5.8% 270.5 59.2 37.6 2013 6 30 34.7 2014 6 30 49.0 66.9 27.4 2013 6 30 2013 6 30 281.0 51.9 2014 6 30 332.9 18.5% 2013 6 30 11.8% 2014 6 30 13.0% 2013 6 30 5.22.7 2014 6 30 7.92013 6 30 3.92014 6 30 1.5 2013 6 30 6.9 2014 6 30 0.7 2014 6 30 2.72013 6 30 2013 6 30 150.7 49.7 2014 6 30 200.4 33.0% 20.1 8.6 4.8 4.1 2013 6 30 70.8 276

2013 6 30 2.92014 6 30 8.8 2013 2014 6 30 1 2013 6 30 24.57.4 2014 6 30 17.1 30.2% 2014 6 30 10.1 49.0 2014630 2013 6 30 34.7 2014 6 30 20.1 2013 6 30 17.7% 2014 6 30 11.5%2014 6 30 49.02014 6 30 2014 6 30 20.1 2013 6 30 113.7 17.5 2014 6 30 131.2 15.4%2013 6 30 4.8% 2014 6 30 5.1% 2014 6 30 2013 6 30 277

2015 6 30 2014 6 30 2014 6 30DMI Development Limited 2014 6 27 180,000,000 2014 6 20 Young's Engineering Holdings Limited 95,674,494 Unison City Investments Limited DMI Development Limited 100% 2014 6 20 Extensive Limited29,918,399 Solution Ace Holdings Limited100% 2014 6 20 YDL Company Limited7,078,575 Jetset Holdings Limited100% DMI Development Limited Unison City Investments LimitedSolution Ace Holdings Limited Jetset Holdings Limited90% 10% [ ] [ ] [ ][] 278

6 30 2013 2014 2015 20,390 144,076 39,945 (3,202) (931) 143,316 (492) 126,350 (304,929) 16,696 269,495 (121,668) 4,486 (921) (43) 465,663 734,237 612,526 2015 6 30 39.9 169.1 32.5 2015 6 30 14.3 20146302015630 2014 6 30 2015 6 30 125.9 2015 6 30 27.2 16.42015 6 30 13.1 2014 6 30 144.1 300.3 2014 6 30 2013 6 30 148.3 14.9 12.0 159.7 49.0 82.2 10.6 279

2013 6 30 20.4 138.2 119.8 2013 6 30 103.6 2013 6 30 34.7 313.8 2013 6 30 2013 6 30 43.8 23.2 2015 6 30 143.3 132.7 16.4 6.1 2014 6 30 0.9 6.5 4.4 8.8[ ] 2.1 2013 6 30 3.2 4.2 3.3 2.9 2015 6 30 304.9 2014 6 30 2014 2015 6 30 2014 6 30 126.4 2014 6 30 2013 6 30 0.5 280

[ ] [ ] [ ] (12) 2013 2014 2015 6 30 7.56.56.1 2013 6 30 7.5 3.3 1.5 1.2 2014 6 30 6.5 3.22.7 2015 6 30 6.1 2.12.01.8 2016 6 30 25.7 [ ] [ ] [ ][] 281

6 30 2013 2014 2015 20,809 24,248 28,681 14,459 13,161 8,933 35,268 37,409 37,614 2013 2014 6 30 2015 6 30 5.0 2013 2014 2015 6 30 282

6 30 2015 2013 2014 2015 9 30 22,803 21,975 18,074 17,341 146,149 117,136 113,818 159,433 527,340 687,075 674,495 551,712 292,783 144,782 63 31 465,663 734,237 612,526 702,976 1,454,738 1,705,205 1,418,976 1,431,493 187,549 458,794 487,977 565,381 862,246 745,106 614,314 516,986 7,754 126,295 70 845 27,852 31,512 16,190 20,610 1,085,401 1,361,707 1,118,551 1,103,822 369,337 343,498 300,425 327,671 2013 2014 2015 6 30 2015 9 30 369.3 343.5 300.4 327.7 54.0287.0200.0 2014 2015 6 30 2015 9 30 327.7 90.5 97.3 45.6 122.8 77.4 283

2013 2014 2015 6 30 527.3 687.1 674.5 6 30 2013 2014 2015 183,473 207,629 192,853 (8,636) (7,474) (6,752) 174,837 200,155 186,101 188,412 233,230 294,087 110,010 204,564 156,288 54,081 49,126 38,019 527,340 687,075 674,495 53,377 45,934 34,828 61,943 88,359 102,917 115,320 134,293 137,745 10,859 9,914 6,975 17,828 50 28,687 9,964 6,975 2013 6 30 183.5 2014 6 30 207.6 2013 6 30 82.4 2014 6 30 101.4 2015 6 30 86.7 2013 6 30 188.4 2014 6 30 233.2 2015 6 30 294.1 284

5% 10% 2013 6 30110.02014 6 30 204.6 66.7 156.3 (i)(ii) [ ] [ ] 30 60 30 60 6 30 2013 2014 2015 143,542 173,618 170,303 9,456 11,888 7,756 21,839 14,649 8,042 174,837 200,155 186,101 285

6 30 2013 2014 2015 135,572 161,325 164,588 16,601 20,226 11,794 22,664 18,604 9,719 174,837 200,155 186,101 34.8 27.9 25.9 2015 6 30 365 2015 6 30 186.1 170.6 91.7% 2015 11 16 2013 2014 2015 6 30 34.827.9 25.9 2013 6 30 34.82014 6 30 27.9 2013 2014 6 2014 6 30 27.9 2015 6 30 25.9 2015 6 30 2013 2014 2015 6 30 1.30.1 0.1% 286

6 30 2013 2014 2015 1,588 1,258 1,027 21,215 20,717 17,047 22,803 21,975 18,074 3.9 3.7 2.9 2015 6 30 365 2013 2014 2015 6 30 3.93.72.9 2015 6 30 18.1 12.468.5% 2015 11 16 2015 6 30 1.00.41.4 20156300.03 0.10.3 287

6 30 2013 2014 2015 2,534,564 3,407,024 4,985,534 (2,575,964) (3,748,682) (5,359,693) (41,400) (341,658) (374,159) 146,149 117,136 113,818 (187,549) (458,794) (487,977) (41,400) (341,658) (374,159) 2013 6 30 2,534.6 2014 6 30 3,407.0 2014 6 30 2,576.0 3,748.7 2014 6 30 20146303,407.020156304,985.5 2015630 3,748.7 5,359.7 2015 6 30 2013 2014 2015 6 30 2013 6 30 146.1 2014 6 30 117.1 2015 6 30 113.8 2013 6 30 187.5 2014 6 30 458.8 2014 6 30 458.8 2015 6 30 488.0 288

2013 2014 2015 6 30 862.2 745.1 614.3 6 30 2013 2014 2015 73,527 74,249 99,667 4,159 6,458 4,678 114,448 120,740 152,051 126,321 107,286 115,157 453,625 386,930 198,871 90,166 49,443 43,890 862,246 745,106 614,314 4,087 201 2,275 528 1,061 6,362 528 1,262 1 1 2013 6 30 862.2 2014 6 30 745.1 66.7 40.7 19.0 2014 6 30 745.1 2015 6 30 614.3 188.1 31.3 25.4 2013 6 30 73.52014 6 30 74.2 2015 6 2015 6 30 99.7 289

30 45 30 6 30 2013 2014 2015 59,970 40,415 94,930 727 30,373 2,264 12,830 3,461 2,473 73,527 74,249 99,667 15.4 12.1 12.7 2015 6 30 365 2015 6 30 99.7 97.1 97.4% 2015 11 16 2013 2014 2015 6 30 15.412.1 12.7 2013 6 30 15.4 2014 6 30 12.1 2013 2014 6 2014 6 30 12.1 201563012.7 2015 6 2013 6 30 114.4 2014 6 30 120.7 2015 6 30 152.1 290

5% 10% 2013 6 30 126.3 2014 6 30 107.3 2015 6 30 115.2 2014 6 30 2015 6 30 2013 6 30 453.6 91.5 386.9 198.9 2015 6 30 2015 6 30 2013 6 30 90.2 49.4 2015 6 30 43.9 6 30 2013 2014 2015 [ ] 163,187 144,460 126,350 3,246 322 63 292,783 144,782 63 [ ] 126,286 9 7,754 70 7,754 126,295 70 291

[ ] 2013 6 30 292.8 2014 6 30 144.8 2014 6 30 126.4 0.12015 6 30 [ ] 2013 6 30 7.8126.3 2015 6 30 0.12015 6 30 2013 2014 2015 6 30 293.5 165.1172.6 2013 2014 2015 6 30 97.2%93.9% 93.2%2013 6 30 2014 6 30 137.5 13.7 17.2 2014 6 30 2015 6 30 9.4 6.1 2015 6 30 7.9 2013 2014 2015 6 30 48.7 36.135.7 38.5 33.8 33.8 2013 6 30 2014 6 30 7.34.72014 6 302015 6 30 2013 6 3051.72014 6 3030.0 22.4 292

2014 6 30 30.0 2015 6 30 36.9 2015 9 30 523.9 233.0 327.7 36.8 2013 2014 2015 6 30 2013201420156301,074.1 1,336.0 1,601.3 5% 2013 2014 2015 6 30 264.3 448.8 341.7 2013 2014 2015 6 30 781.4 800.5 1,244.9 2013 2014 2015 6 30 330.0 400.0 470.0 FSE Management 230.0 360.0 440.0 FSE Management Fung Seng Enterprises Limited 330.0 400.0 470.0 2015 9 30 2015 9 30 293

2015 9 30 [ ] 2015 9 30 6 30 2013 2014 2015 1 1.3 1.3 1.3 2 1.3 1.2 1.3 3 4 1.1% 23.4% 0.0% 5 6.2% 6.8% 9.0% 6 16.7% 24.3% 30.1% 1. 2. 3. 4. 100% 5. 6. 2013 2014 6 30 1.32015 6 30 1.3 2013 6 30 2014 6 30 2015 6 30 1.31.2 1.3 2013 6 30 2014 6 30 250.5 268.6 159.7 294

148.0 2013 6 30 2014 6 30 276.3 271.2 118.5 117.1 2013 6 30 2014 6 30 2014 6 30 2015 6 30 286.2 144.7 2015 6 30 12.6 121.7 2015 6 30 2014 6 30 2015 6 30 243.2 130.8 126.2 2015 6 30 2013 2014 2015 6 30 2013 2014 2015 6 30 2013 2014 2015 6 30 1.1%23.4% 0.0%2013 2014 2015 6 30 2013 2014 2015 6 30 7.8126.3 0.1 2014 6 30 2015 6 30 2015 6 30 2013 2014 2015 6 30 6.2%6.8% 9.0% 2014 6 30 15.4% 295

6.0%268.6 159.7 148.0 2015 6 30 13.7% 2015630 2013 6 30 16.7% 2014 6 30 24.3% 2015 6 30 30.1% 2014 6 30 20.9%2014 6 30 287.0 15.4% 20156308.0% 2015 6 30 200.0 13.7% 33 3,000 5,500 4,100 2015 6 30 39 1 740 211 1 5,254 2015 7 296

1 2015 6 30 2016 6 30 2015 6 30 (a) 297

(b) 12 1 1 2 2013 6 30 755,665 999 7,754 763,419 999 2014 6 30 686,742 1,253 126,295 813,037 1,253 2015 6 30 540,229 445 70 540,299 445 (c) 3 298

2013 2014 2015 6 30 100 3.41.9 6.0 100 (d) 2013 2014 2015 6 30 506.9 594.7 382.7 21.3%23.3% 13.5% 2013 2014 2015 6 30 6.6320.6 337.4 12 5.0% 2013 2014 2015 6 30 5% 0.316.0 16.9 299

201320142015 6 305% 28,000 36,000 2013 2014 2015 6 30 54.0 287.0 200.0 [ ] 30% 2015 6 30 466.2 [ ] 2015 6 30 [ ] [ ] [ ] [ ] [ ] [ ] [ ][] [ ] [ ] 2015 6 30 [ ] 2016 6 30 [ ] [ ] 300