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Transcription:

Chanhigh Holdings Limited (a) (b) (c) (d) (e) (f) (g) (h) (i) 1933 (j) (k)

Chanhigh Holdings Limited [ ] [] [] [] [] [] [] [] [][] 1% 0.0027%0.005% [] 0.01 [] [] 342C [][][][][][] [] [][][][][] [][][] [][] [][][][] [][] [][] [] [ ] [][]www.chanhigh.com.hk www.hkexnews.hk [][] [] [][][][][ ][][] [] [][][ ][][][][ ] []

(1) []

(1) []

(1) []

[] [] [][] [ ] [][] [ ] [] [] [] [] [] [] []...... i iv... 1... 11... 21... 23... 24 []... 44... 48 []... 50... 53... 55... 67... 85

... 109... 159... 164... 170... 182... 183... 186... 225... 227 []... 238 []... 247... I-1 []... II-1... III-1... IV-1... V-1

[][] [] 12 50 Frost & Sullivan

554.9 659.31,006.326.8 51.995.2 1,114.31,273.51,469.5 192.9231.6 326.7 321 84 45442.5 315,613 79 311,031 99 404,153 143 239,289 64 348,293 93 602,186 84 554,902 143 659,324 192 1,006,339 227

10714217794112131 85.2% 89.7% 81.1% 10.7% 9.1% 9.4% 43.8% 25.1% 25.9%CHHG 338 354603 9.4% 6.4% 4.5% 25.6% 25.2% 16.3%

(i)(ii) (i)(ii) [] [] [] PYH PTB 75% [] (i)chhg 90.18% 9.82%(ii) CHHG CHHG 20% 30% 50% CHHG72%20% 8%[] A

554,902 659,324 1,006,339 46,561 76,568 132,535 37,870 69,738 127,218 26,791 51,939 95,179 1,111,882 1,271,330 1,467,380 921,384 1,041,932 1,142,780 190,498 229,398 324,600 192,890 231,556 326,735 229.4 95.2324.6 (i)86.2 (ii)67.7 (iii)61.0 (i) 65.8(ii)56.5

(12,090) (62,536) 6,503 (147,498) 51,307 45,519 158,300 11,227 (22,300) (1,288) (2) 29,722 33,050 31,762 31,760 31,762 31,760 61,482 (%) 8.4 11.6 13.2 (%) 4.8 7.9 9.5 (%) 13.9 22.4 29.1 (%) 2.4 4.1 6.5 1.2 1.2 1.3 1.6 1.3 0.9 1.4 1.2 0.7 % % % 232,930 42.0 386,024 58.5 410,230 40.8 227,848 41.1 224,135 34.0 528,746 52.5 73,363 13.2 33,207 5.0 51,261 5.1 20,761 3.7 15,958 2.5 16,102 1.6 554,902 100.0 659,324 100.0 1,006,339 100.0

(i) (ii) % % % 19,917 8.6 48,366 12.5 63,645 15.5 18,930 8.3 23,657 10.6 62,656 11.8 5,660 7.7 2,037 6.1 3,598 7.0 2,054 9.9 2,508 15.7 2,636 16.4 46,561 8.4 76,568 11.6 132,535 13.2 (i) (ii)

35.4% 287.3 [] [][][][] [ ] [][][][] [] [] [] []% [] []% [] []% [] []% [] []

[][] [][][] [] [] [] [] [] [] [] (1) [] [] [] (2) [] [] (1) [][] (2) [] [][] [] 13.3 14.8 [](i) (ii)(iii) []

(i) (ii) 2.8 [] [][] [] [] [] [][] [][][] [] [] [] []

[] [] [] [] [ ][] [] A. 4.[ ] 223 [] [] [] [] [] [] [] [] [] [] [][][]

CHHG 30% 20% 50% 622 32

50% 50% [ ] D. 1. [ ] [][] [] [] Frost & Sullivan Frost & Sullivan Frost & Sullivan 350,000

GDP [] [] [] [] * 51% 49% [] [] * 19

[] [] [] [] [] [] []

[] [] [] [ ]

[] [] [] [] 32 [] PYH PTB

[] [] A. 6. 571 6 [] [] []

PTB [] [] [] PYH [] [] []

[] % [] 1.001.18

13 BOO BOT BT CAGR

PPP

[]

250.7200.5 149.6 355.0369.5455.6 35.4%

(a) (b) 69.0% 71.6% 71.8%

5% 10% PPP PPP PPPPPP BT BOT BOO PPPPPP PPP PPP

PPP PPP PPP PPP PPP 65.250.096.5 13.3% 8.9% 11.5%% 65.3% 56.1% 72.8%

12.162.5

[] []

B.2.

[] [][] 75%

[]

[] 25% 82 82 10%82 82 (1) (2)(3) (4) 50%

82 25% 11% [][] [] [] []

[][] 142 []142 10% 50%

10% 112 601 10% 5% [][]

[] [] [] [][] [][] [][] [] [] [] []

[] [] []

Frost & Sullivan [] [] [] [] [ ][] [] [] [] [] [] [] [][ ] []

[] [][] [] [] [] [] [] []

[ ] []

[ ] []

[ ] []

[ ] []

[] 8.12 8.12[] 8.12 (a) 3.05 (b) (c) (i) (ii) (iii)

(d) (e) (f) [][ ]13.46

[ ] 7 102 18 6 32 108 32 108 847 1502 2 6402 20 4

[ ] [] [] [] [] 39 [] 18 22 2201 2201A 2202 77 334 Conyers Dill & Pearman (Cayman) Limited Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands [] 18 5 968 23-25

[ ] 28 29 500 B 1018 39 []

16 Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 3388 17 18 381-383 5 A 18 32 3201A chanhigh.com.hk 933 37 D 7 102 933 37 D

218 139 [] [] [] []

Frost & Sullivan Frost & SullivanFrost & Sullivan [] [] [] [][] Frost & Sullivan Frost & Sullivan Frost & SullivanFrost & Sullivan 350,000Frost & Sullivan Frost & Sullivan Frost & Sullivan Frost & Sullivan (i)(ii) Frost & Sullivan Frost & Sullivan Frost & Sullivan (a)

(b) 4,1046,4749.5% 1,7132,627 8.9% 10.0% Frost & Sullivan

Frost & Sullivan 46.1% 24.7% Frost & Sullivan

49.9% 56.1% 60% 915 1,818 14.7% 9,05013,037 7.6% (World Culture Report) Frost & Sullivan

37.4% 39.9%40.2% 41.4% 1,471 3,000 68,568.226.1%466 2.40%1,642.2

A 561.0 0.82% 200 B 336.6 0.49% 80 20 C 258.4 0.38% 192 D 255.9 0.37% 80.2 230.3 0.34% 152 12 1,642.2 2.40% 68,568.2 Frost & Sullivan

3,729283 454 4,549 80% 70.0% 2.7% Frost & Sullivan 20.0% 11.0%

Frost & Sullivan 1.5 4.0 EF G H Frost & Sullivan

16,52320,2784.2% 7.1%28,707 14,810 17,6513.6%1,828 2.0 Frost & Sullivan 87.0% 47.1%19.7% 8.7% Frost & Sullivan

64,808 131,26415.2% 30 PPP PPPPPP

PPPBOT BT BOO PPP2,1253.5 PPP 42,000 3,700 12 10

CEMPI Frost & Sullivan Frost & Sullivan

<> 1 2010 50 (1)

(2) 800 (3) 133,3341666.67 (4) (5) 3020 (6) 30 (1) (2) 500 15 (3) (4) (5)

<> <> CJJ82-2012

1 2 (1) (2) (3)

200 3,000 (1) 200 (2) 100 (3) 50 (4) 3,000

1. 2.3.

3 5,000 10%50%

[2005]7575 75 75 75 (i)50,000 (ii) (iii) (iv) (v) [2008]142 142142

< >[2013]21142 [2014]36 36 16 [2015]1919 19 36 142 25% 25%

10% 10% 25% 30 (1) (2) (3) (4) (5) (6)

30 (1) (2) (3) 20 (4) 30 25% 5%25% 10% 10% : 2 12 60%

5% 5% 5%

[2010]3535 3% 35

11% (i) (ii) 3%

80% 10% 10%

201050 II 2015

(i) 580,000 80% 10% 10% (a) 580,000 580,000 1,000,000 1,000,000 5,000,000 5,000,000 20,000,000 20,000,000 22,000,000 22,000,000 36,000,000 36,000,000 40,000,000 40,000,000 70,000,000 70,000,000 112,000,000 112,000,000 152,000,000

(b) (%) 464,000 464,000 80.00 58,000 58,000 10.00 58,000 58,000 10.00 580,000 580,000 100.00 1,000,000 420,000 116,000 (%) 700,000 700,000 70.00 100,000 100,000 10.00 100,000 100,000 10.00 50,000 50,000 5.00 50,000 50,000 5.00 1,000,000 1,000,000 100.00

4,000,000860,000 3,140,000 17.2% 62.8% 5,000,000 (%) 1,180,000 1,180,000 23.60 1,000,000 1,000,000 20.00 1,000,000 1,000,000 20.00 250,000 250,000 5.00 200,000 200,000 4.00 200,000 200,000 4.00 200,000 200,000 4.00 180,000 180,000 3.60 100,000 100,000 2.00

(%) 100,000 100,000 2.00 100,000 100,000 2.00 100,000 100,000 2.00 100,000 100,000 2.00 50,000 50,000 1.00 50,000 50,000 1.00 50,000 50,000 1.00 50,000 50,000 1.00 50,000 50,000 1.00 20,000 20,000 0.40 20,000 20,000 0.40 5,000,000 5,000,000 100.00 270,0005.4% 1,000,00020%

(%) 1,450,000 1,450,000 29.00 1,000,000 1,000,000 20.00 1,000,000 1,000,000 20.00 250,000 250,000 5.00 200,000 200,000 4.00 200,000 200,000 4.00 180,000 180,000 3.60 100,000 100,000 2.00 100,000 100,000 2.00 100,000 100,000 2.00 100,000 100,000 2.00 100,000 100,000 2.00 50,000 50,000 1.00

(%) 50,000 50,000 1.00 50,000 50,000 1.00 50,000 50,000 1.00 20,000 20,000 0.40 5,000,000 5,000,000 100.00 1,200,000 325,0005% 100,0002% 200,000 0.4%

(%) 6,500,000 6,500,000 32.50 4,000,000 4,000,000 20.00 4,000,000 4,000,000 20.00 800,000 800,000 4.00 800,000 800,000 4.00 600,000 600,000 2.00 600,000 600,000 3.00 500,000 500,000 2.50 400,000 400,000 2.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00

(%) 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 20,000,000 20,000,000 100.00 CHHG 14,500,000CHHG 72.5% CHHG (%) CHHG 14,500,000 14,500,000 72.50 30% 50% 20% 800,000 800,000 4.00 800,000 800,000 4.00 600,000 600,000 3.00

(%) 600,000 600,000 3.00 500,000 500,000 2.50 400,000 400,000 2.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 20,000,000 20,000,000 100.00 1,500,000600,000 500,000 200,000 200,000 7.5%

(%) CHHG 14,500,000 14,500,000 72.50 30% 50% 20% 1,500,000 1,500,000 7.50 800,000 800,000 4.00 800,000 800,000 4.00 600,000 600,000 3.00 400,000 400,000 2.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 200,000 200,000 1.00 20,000,000 20,000,000 100.00 1,600,000

4% 1% 2% 1% 18,000,0002,000,000 9.09%2,000,000 (%) CHHG 14,500,000 14,500,000 65.90 30% 50% 20% 3,100,000 3,100,000 14.09 2,000,000 2,000,000 9.09 400,000 400,000 1.82 400,000 400,000 1.82 400,000 400,000 1.82 200,000 200,000 0.91 200,000 200,000 0.91

(%) 200,000 200,000 0.91 200,000 200,000 0.91 200,000 200,000 0.91 200,000 200,000 0.91 20,000,000 20,000,000 100.00 CHHG (%) 9.09 CHHG 2,000,000 1.82 CHHG 4,000,000 1.82 CHHG 4,000,000 1.82 CHHG 4,000,000 0.91 CHHG 2,000,000 0.91 CHHG 2,000,000 0.91 CHHG 2,000,000 0.91 2,000,000 0.91 CHHG 2,000,000 0.91 CHHG 2,000,000 20.01

(%) CHHG 32,400,000 32,400,000 90.00 30% 50% 20% 3,600,000 3,600,000 10.00 36,000,000 36,000,000 100.00 (%) CHHG 36,400,000 36,400,000 91.00 30% 50% 20% 3,600,000 3,600,000 9.00 40,000,000 40,000,000 100.00 CHHG CHHG (%) 152,000,000 152,000,000 100.00 152,000,000 152,000,000 100.00

(c) 27 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27.

(ii) 100,000 (iii) 100,000 51% 49% (i) 90% 10% 90%CHHG9,000,000 CHHG

(ii) 10,000,000 10,000,000 [] 1. (i) 380,000 3,800,000 0.10 50% 50% (ii) 50,000 50,000 1.00 1.00 (iii)

2. 999 3. CHHG CHHG CHHG91% 9% 145,026,308 14,343,261 4. [ ]1,962,000,000380,000 38,000,00020,000,000 2,000,000,000 5. [] [][] [] []

(1) PYH PYH PYH (2) PTB PTB PTB (3) (4) 49%

[] [] (1) PYH PYH PYH (2) PTB PTB PTB (3) (4) 49%

[] [][] (1) PYH PYH PYH (2) PTB PTB PTB (3) (4) 49%

CHHG 7537 7575 3775 37

37

12 Frost & Sullivan 10 50 Frost & Sullivan 42.0% 58.5% 40.8% 41.1% 34.0% 52.5% (i) (ii)

10 107142177 151 ISO9001:2008 ISO14001:2004 GB/T28001-2001 554.9659.3 1,006.3 34.7% 26.851.995.2 88.5%

10 Frost & Sullivan 50 II2013 2014 2015 2015

Frost & Sullivan Frost & Sullivan49.9% 56.1% 9151,818 14.7%38.2%40.2% 9,050 13,037 7.6% Frost & Sullivan 4,104 6,4749.5% 16,523 20,2784.2%

Frost & Sullivan 1,471 3,729283 4544,549 Frost & Sullivan

79 99 143 64 93 84 Frost & Sullivan 85.2% 89.7% 81.1% 10 10 40

151 ISO9001:2008ISO14001:2004 GB/T28001-2001 Frost & Sullivan8.2%

Frost & Sullivan [][] [] Frost & Sullivan 10.0% 8.9% 59.4%

Frost & Sullivan PPP PPP PPP 2,1253.5 PPP BT BOT BOO PPP PPP PPP PPP BT BOT BOO

[][] []

% % % 232,930 42.0 386,024 58.5 410,230 40.8 227,848 41.1 224,135 34.0 528,746 52.5 73,363 13.2 33,207 5.0 51,261 5.1 20,761 3.7 15,958 2.5 16,102 1.6 554,902 100.0 659,324 100.0 1,006,339 100.0

49 4858 25 39 35 20 3151 22 36 28

2916 9 8 11 811 18 81010

1. 1. 2. 3. 4. 5. 2. 3. 4.

5. 6. 1. 100 2. 120 3. 4 4. 36 7. 8. 1000 l0mw

9. 515 5 (a) (b)

% % % 362,428 65.3 63 56 369,933 56.1 86 71 732,265 72.8 118 59 56,952 10.2 6 2 105,135 16.0 6 8 70,953 7.0 9 8 96,888 17.5 5 22,947 3.5 2 1 55,917 5.5 2 2 10,454 1.9 2 1 40,509 6.1 2 2 7,118 0.7 1 3 1,188 0.2 1 31,406 4.8 3 48,915 4.9 4 1 29,142 4.4 2 23,798 2.4 1 2 26,992 4.9 3 4 60,252 9.1 3 6 67,373 6.7 8 9 554,902 100.0 79 64 659,324 100.0 99 93 1,006,339 100.0 143 84

79 99 143 56.9% 47.2% 40.2% 10 1. 25 43,351 43,531 16,772 12,649 72,772 (1) 2. 28 74,200 48,593 48,593 2 3. 8 43,031 42,741 42,741 1 4. 5 42,000 40,596 40,596 1 5. 24 46,759 17,098 21,757 38,855 2 6. 13 63,319 38,267 38,267 2 7. 10 36,472 3,090 31,792 34,882 1 8. 14 33,347 22,734 10,423 33,157 1 9. 26 30,604 5,672 18,419 5,441 29,532 1 10. 13 28,500 6,840 20,385 27,225 1 (1) (2) (a) (b)

6493 84 43.1% 52.8% 59.8% 10 1. 166,723 22,091 94,149 116,240 50,483 2. 52,807 42,502 42,502 10,305 3. 45,360 27,893 14,599 42,493 2,868 4. 65,949 14,500 27,776 42,276 23,082 5. 107,481 41,435 41,435 66,046 6. 67,210 23,336 13,241 2,226 38,803 2,000 7. 41,317 27,253 27,253 14,064 8. 36,968 12,153 8,526 3,213 23,892 1,055 9. 27,067 2,190 18,018 3,182 23,390 4,179 10. 60,143 23,170 23,170 36,973 [45] [442.5] [18.8]

510,646 541,376 798,107 1 585,632 916,055 1,547,408 2 (554,902) (659,324) (1,006,339) 3 541,376 798,107 1,339,176 (1) (2) (3) 100% 7781,1331,3626.7% 8.7% 6.0%

70% 85% 10% 5% 25% 5% 10%

BT

BT BT BOT PPP (a)(b) (c) (d)(e)(f) (f)

355.0369.5455.6 35.4% 250.7200.5149.6

107 142 17794 112 131 252,759 45.6 332,201 50.4 554,378 55.1 219,975 39.6 259,057 39.3 261,921 26.0 82,168 14.8 68,066 10.3 190,040 18.9 554,902 100 659,324 100 1,006,339 100 CHHGCHHG 30% 20% 50% CHHG CHHGCHHG 48.6400,000 CHHG36

113 10.7% 9.1% 9.4%43.8% 25.1% 25.9% A 59,322 10.7% 13 24,299 3.7% 44,624 4.4% B 54,147 9.8% 3 CHHG 48,613 8.8% 5 C 42,741 7.7% 3 D 38,267 6.9% 3 E 59,834 9.1% 2 F 27,893 4.2% 1 G 26,996 4.1% 1

H 26,557 4.0% 1 I 94,149 9.4% 2 J 42,502 4.2% 1 K 41,435 4.1% 1 L 37,675 3.7% 2 CHHG 5% 337.5400.8602.4 69.0% 71.6% 71.8%

338 354603 []

9.4% 6.4% 4.9% 25.6% 25.2% 16.3% 5%

4350% ISO9001 2008 ISO14001 2004 GB/ T28001-2001

4

PPPPPP

CHHG CHHG B.2. 342 38 50 20 17 7 156 43 11 342 151

A B 35 57 26 88 39 (i) (ii)(iii)(iv) (v)

(i)(ii) (iii) 65.250.096.5 13.3% 8.9% 11.5% 5% 2,059

(a)(b) (c) 2,000 1.1 CHHG90.18%9.82% [] 10 2037024 110 883,000 841,000 605,000 381-3835 A 7,175.0 827 (a) (b)

15% 5.01A32L 6(2) 34(2) 342(1)(b) 2013 II 2014 2014 2015

2015 2015 50

2013 AAA 2015AAA 2015 2015

0.05% 9.8

(i) (ii) (iii) (iv) 363.5263.0330.7 18.722.924.6 (i)52 (ii) (iii) (iv) (v)(vi)

(i) (ii) 70% 256,849.2530,000

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

(v) (vi) (1) (2) (3) (1) (2)

(3)

[] [] [] [][] [ ]% []%PYH PTB []%[ ] [] [] 30% 30% CHHG 27.3% 27.3% 27.2% 18.2% CHHG (i) [] (i)

(ii) (iii) (iv) [] (ii) (iii) PYH PTB

(a) (b) (c) (d) (e) (f) (a)

[] (a) (f) 5%5% [] (i) 30% (ii) (i) (ii) (iii)

(iv) (v)

[] 3388 17 18 2,000 1,095,000 CHHG90.18% 9.82% CHHG 20% 30% 50% A[ ] Valuation & Advisory Service Colliers International

171,000 605,100 605,100 605,100 1,245,000 1,245,000 5% 3,000,000 14A.76(1) A CHHG CHHG CHHG1 35 37 42 45[] B. 2. CHHG 20% 30% 50% CHHG A[] 0.1% 14A.76(1)A

[]A [ ] [ ] 340,000,000 (i) 97,750,000

(ii) 195,000,000 (iii) 46,750,000 CHHG72% 20%8%CHHG 20% 30% 50% []A CHHG CHHGCHHGCHHG CHHG CHHG 500,000,000

340,000,000 97,750,000 195,500,000 46,750,000 97,500,000 195,500,000 46,500,000 A

25% 100%A A (i) (ii) (iii) (i) (ii) []

35 34 61 54 53 [ ] [ ] 41 [ ] [ ] 53 [ ] [ ]

35 [ ] CHHG CHHG 15 34[ ] Chanhigh HK

61[ ] 15 CHHGCHHG

54 [ ] 20 53[ ] (certified public tax collector) 41[ ]

53[ ] XV 13.51(2)(h) 13.51(2)(v) 13.51(2) 8.10 43 31 50

47 35 30 32 42 [ ]15 31 9

50 30

47

35 30

32 [ ]

3.21[ ]3.22 C3.3 3.25[ ] B1.2 [ ] A5.2

166,000 166,000 182,000 424,500 3A.19 3A.23 (a) (b) (c) [] (d) 13.10 [] []

[][ ][] XV2 3 10% [] [] [] [] (%) (%) 1,000(L) 50% [] []% 2 1 1,000(L) 50% [] []% 2 2,000(L) 50% [] []% 2 (1) L (2) PYHPYH PTB PTB PYH PTB PYH PTB [ ][][] XV2 3 10%

2,000,000,000 20,000,000 [][] [] [] [] [] [2,000] 20 [] [] [] [] [] [] [] [] [][] [] [] [] [] [2,000] 20 [] [] [] [] [] [] [] [] []

[]A. 4. A.6. [] [][] [] [] [] [][] []20%[ ]

A. 4. [] [][] []10% [ ] A.4. (i) (ii)(iii)(iv) (v)

12 554.9659.31,006.3 34.7%26.851.9 95.2 88.5% 3

Frost & Sullivan 107142 17794112131 472.7591.3 816.385.2% 89.7% 81.1% 7781,133 1,3626.7% 8.7% 6.0%

10% 69.0% 71.6% 71.8%

5% 10% +/-5% +/-10% +/-16,874 +/-33,748 +/-20,040 +/-40,081 +/-30,121 +/-60,242 -/+16,874 -/+33,748 -/+20,040 -/+40,081 -/+30,121 -/+60,242 [] 46.6 76.6132.5 13.8% 19.1% 22.0% (i)(ii) (iii) 45

(i)(ii)

1.01.01.0 554,902 659,324 1,006,339 (489,183) (559,481) (839,205) (19,158) (23,275) (34,599) 46,561 76,568 132,535 27,741 27,514 29,469 (17,324) (12,973) (14,747) 56,978 91,109 147,257 (19,108) (21,371) (20,039) 37,870 69,738 127,218 (11,079) (17,799) (32,039) 26,791 51,939 95,179 26,791 51,939 95,179 554.9

659.31,006.3 % % % 232,930 42.0 386,024 58.5 410,230 40.8 227,848 41.1 224,135 34.0 528,746 52.5 73,363 13.2 33,207 5.0 51,261 5.1 20,761 3.7 15,958 2.5 16,102 1.6 554,902 100.0 659,324 100.0 1,006,339 100.0 312,481 51 6,127 498,262 58 8,591 379,525 42 9,036 231,484 29 7,982 374,250 46 8,136 588,350 40 14,709 5,933 7 848 36,967 8 4,621 109,412 18 6,078 12,431 7 1,776 21,804 16 1,363 13,377 15 892 562,329 94 5,982 931,283 128 7,276 1,090,664 115 9,484 232.9386.0410.2

227.8224.1304.6 135.9%528.7 73.440.254.7%33.2 CHHG 33.218.1 54.7%51.3 20.816.0 16.1 315,613 79 311,031 99 404,153 143 239,289 64 348,293 93 602,186 84 554,902 143 659,324 192 1,006,339 227 489.2559.5839.2

69.0% 71.6% 71.8% % % % 337,482 69.0 400,809 71.6 602,416 71.8 217,282 44.4 270,587 48.4 424,686 50.6 37,002 7.6 34,338 6.1 47,279 5.6 15,605 3.2 16,943 3.0 30,938 3.7 67,593 13.8 78,941 14.1 99,513 11.9 74,354 15.2 60,765 10.9 109,354 13.0 65,198 13.3 49,992 8.9 96,525 11.5 9,156 1.9 10,773 2.0 12,829 1.5 60,634 12.4 80,036 14.3 102,613 12.2 1,286 0.3 1,123 0.2 628 0.1 15,427 3.1 16,748 3.0 24,194 2.9 489,183 100.0 559,481 100.0 839,205 100.0 337.5 400.8602.4 217.3 270.6424.7 37.034.3 47.3 15.616.9 30.9

74.4 60.8109.4 13.618.3% (i) (ii) 48.680.0% 9.210.812.8 60.680.0102.6 15.416.7 24.2 19.223.334.6 3.5% 3.5% 3.4%

% % % 19,917 8.6 48,366 12.5 63,645 15.5 18,930 8.3 23,657 10.6 62,656 11.8 5,660 7.7 2,037 6.1 3,598 7.0 2,054 9.9 2,508 15.7 2,636 16.4 46,561 8.4 76,568 11.6 132,535 13.2 46.676.6 132.58.4% 11.6% 13.2% 28.4 142.8%15.331.6% (i) (ii) 4.7 25.0%39.0164.9% 3.6 64.0%CHHG 1.676.6% 7.7% 6.1% 7.0%

4.4% 3.3% 2.0% (i)0.6% 1.0%(ii) (iii)(iv) % % % 18,726 67.5 22,937 83.4 24,569 83.4 5,783 20.8 1,790 6.5 1,913 7.0 1,835 6.2 858 3.1 2,657 9.6 2,814 9.5 584 2.1 7 0.0 251 0.9 27,741 100.0 27,514 100.0 29,469 100.0 27.7 27.529.5 5.8

% % % 4,568 26.4 4,216 32.5 5,662 38.4 2,244 13.0 2,119 12.2 346 2.7 1,014 6.9 1,885 10.9 1,118 8.6 2,058 14.0 1,117 6.4 1,628 12.5 2,422 16.4 1,031 6.0 52 0.4 48 0.3 883 5.1 841 6.5 605 4.1 700 4.0 631 3.6 473 3.6 581 3.9 2,110 16.3 2,146 12.4 2,189 16.9 2,357 16.0 17,324 100.0 12,973 100.0 14,747 100.0 17.313.014.7 3.1% 2.0% 1.5% 4.64.25.7

2.1 0.31.0 [] 1.11.62.4 2.12.22.4 2.2 2.1 0.7 19.121.4 20.0

11.1 17.832.029.3% 25.5% 25.2% 4% 8% 25% 30 25% 1.2

8% 4% 25% 26.851.995.2 4.8% 7.9% 9.5% 659.3347.052.6% 1,006.3 224.1304.6135.9%528.7 559.5279.750.0% 839.2 400.8201.650.3% 602.4

23.311.348.7% 34.6 3.4% 3.5% 76.655.9 73.1%132.5 11.6% 13.2% 27.52.07.1% 29.5 13.01.7 13.7%14.7(i) 21.41.4 20.0 17.814.280.0% 32.0 25.2% 25.5% 51.943.3 83.3%95.27.9% 9.5%

554.9104.418.8% 659.3 232.9153.165.7%386.0 40 489.270.314.4% 559.5 337.563.318.8% 400.8 46.630.0 64.4%76.6 8.4% 11.6% 29.82.37.7% 29.8 17.34.325.1% 13.0(i) (ii) 2.1 19.12.311.8% 21.4

11.16.760.7% 17.8 25.5% 29.3% 26.825.1 93.9%51.94.8% 7.9% 25.5% 24.3% [] [] [] (12,090) (62,536) 6,503 (147,498) 51,307 45,519 158,300 11,227 (22,300) (1,288) (2) 29,722 33,050 31,762 31,760 31,762 31,760 61,482 [ ]

6.5 127.2 6.9 87.95.9 20.0 (i) 86.2(ii) 61.0 (iii) 18.9 (iv) 10.6 (i)65.8 (ii) 23.0 62.5 69.7 3.0 100.27.7 21.4 (i) 149.3(ii) 21.7 (iii)14.4 (i)61.6 (ii) 27.7 12.1 37.91.0 20.59.3 19.1 (i) 99.1 (ii) 65.6 (i) 83.5 (ii)50.1

[] 45.5 86.2 27.6 67.7 51.3 100.5 25.6 []10.083.9 147.5 188.3 19.6 12.9[]8.6 22 22.3 367.1103.8 368.180.5 11.2 395.198.5 389.479.7 13.3 158.3 398.040.0 37.0284.2 32.5

190.5229.4324.6 333.3 506,921 538,982 686,182 603,309 205,614 349,700 387,374 512,155 363,532 262,985 330,672 317,778 35,815 119,663 63,152 38,476 1,111,882 1,271,330 1,467,380 1,471,718 569,544 631,128 696,888 742,451 33,800 29,620 52,657 35,262 9,123 36,870 26,241 10,380 2,817 3,614 22,424 22,424 4,500 23,300 299,400 305,100 306,100 287,300 2,200 12,300 38,470 40,588 921,384 1,041,932 1,142,780 1,138,405 190,498 229,398 324,600 333,313 190.5 38.920.4%229.4(i) 144.170.1% (ii)83.8 234.1% 100.527.7% 229.4 95.241.5%324.6(i)

86.223.3% (ii)67.725.7% (iii)61.036.0% (i) 65.810.4% (ii)56.547.2% 324.6 333.3 124.8 (i) 70.2 (ii) 45.6 []12 [] 506.9538.9686.2

355,030 369,448 454,446 28 1,200 355,030 369,476 455,646 50 50 23,552 2,342 2,180 2,500 70,123 98,006 142,410 52,097 58,357 75,609 31 6,088 8,251 10,287 151,891 169,506 230,536 506,921 538,902 686,182 355.0 369.5 455.6

% % 0 90 [56,557] [106,822] [124,101] 67,240 54.2 56,861 45.8 91 180 [34,196] [32,073] [60,852] 21,893 36.0 38,959 64.0 181 365 [144,473] [86,806] [106,869] 18,188 17.0 88,681 83.0 12 [88,961] [84,797] [115,079] 40,280 35.0 74,799 65.0 23 [24,609] [52,211] [48,745] 13,751 28.2 34,994 71.8 3 [6,234] [6,767] [ ] [355,030] [369,476] [455,646] 161,352 35.4 294,294 64.6 355.0369.5455.6

32.0% 37.1% 36.0% 6.9% 14.1% 10.7% 48.7 (a)chhg(b) 28.2% CHHG (a) (b) (c) (d) 250.7 200.5149.6 35.4%

(1) 250.7 200.5 149.6 (1) 365 250.7 200.5149.6 (i)(ii) 151,891169,506230,536 23.6 2.3 128.3 164.6 228.3(i)(ii) (iii)

(i) (ii) 70.1 98.0 142.4 5% 10% 52.158.475.625.5 26.343.0 20

[205,614] [349,700] [387,374] [(2,817)] [(3,614)] [(22,424)] [202,797] [346,086] [364,950] [1,060,874] [1,720,261] [2,638,445] (858,077) (1,374,175) (2,273,495) [202,797] [346,086] [364,950] 858.1 1,374.22,274.5 202.8 346.1 365.0 569.5 631.1 696.9

0 90 107,774 160,401 203,542 91 180 56,690 39,211 113,705 181 365 179,290 119,981 167,541 12 205,580 193,671 138,472 23 6,780 106,241 59,125 3 13,430 11,623 14,503 569,544 631,128 696,888 (1) 394.9 392.4 289.0 (1) 365

394.9392.4 289.0 (i) (ii) 183.426.3% [3,583] [6,899] [10,997] [2,396] [2,965] [7,155] 14,000 [2,652] [2,220] [7,908] [7,924] [13,803] [19,913] [9,180] [4,482] 33,800 29,620 52,657 [ ] [][ ][][ ] 33.8 29.6 23.1 52.7

9.1 36.9 36.926.2 363.5 263.0 330.7 4.5 23.3 0.6% 1.0% 35 196 136 42 114 31 899 89 3 450 366 941 653

0.40.90.7 [] [][] 313 452 1,490 162 445 1,464 4 475 897 2,958

[299,400] [305,100] [306,100] [287,300] 7.11% 7.05% 5.63% [4.54%] 50.028.818.8 249.4276.3287.3

[] [287.3] 299.4305.1306.1 (%) (1) 8.4 11.6 13.2 (%) (2) 4.8 7.9 9.5 (%) (3) 13.9 22.4 29.1 (%) (4) 2.4 4.1 6.5

(5) [1.2] [1.2] [1.3] (6) [1.6] [1.3] [0.9] (7) [1.4] [1.2] [0.7] (1) 100% (2) 100% (3) 100% (4) 100% (5) (6) (7) [13.9%] [22.4%] [29.1%](i) (ii)13.3 [2.4%] [4.1%] [6.5%] [1.2] [1.2] [1.3] [1.6] [1.3] [0.9]

[1.4] [1.2] [0.7] 31 31 6(c) 13.1313.19

[] [][] [] [] [] [ ][][][][] [][][] [] [] 13.3 14.8

[] [][ ]

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

[] [][][] [][] [] [] [][][] [][][] [] [] [] [] [] [] []

[][][] [] [] [] [] [] [] [] []

[]

[]

[]

[]

[] [] [][] 10.08 []

[]

[]

[]

[] 3A.07 []

[]

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

[ ] []

28 29 [ ] [ ] 18

3.340 [2] [2]

A. 7 554,902 659,324 1,006,339 (489,183) (559,481) (839,205) (19,158) (23,275) (34,599) 46,561 76,568 132,535 8 27,741 27,514 29,469 (17,324) (12,973) (14,747) 56,978 91,109 147,257 10 (19,108) (21,371) (20,039) 37,870 69,738 127,218 11 (11,079) (17,799) (32,039) 12 26,791 51,939 95,179 26,547 51,939 95,179 244 26,791 51,939 95,179

B. 26,791 51,939 95,179 26,791 51,939 95,179 26,547 51,939 95,179 244 26,791 51,939 95,179

C. 17 2,328 2,094 2,071 19 64 64 64 2,392 2,158 2,135 20 506,921 538,982 686,182 21 205,614 349,700 387,374 22 363,532 262,985 330,672 23 35,815 119,663 63,152 1,111,882 1,271,330 1,467,380 1,114,274 1,273,488 1,469,515 24 152,000 152,000 152,000 26 40,890 79,556 174,735 192,890 231,556 326,735 27 569,544 631,128 696,888 28 33,800 29,620 52,657 9,123 36,870 26,241 21 2,817 3,614 22,424 22 4,500 23,300 29 299,400 305,100 306,100 2,200 12,300 38,470 921,384 1,041,932 1,142,780 1,114,274 1,273,488 1,469,515

D. 112,000 1,258 13,085 126,343 762 127,105 40,000 40,000 40,000 (47) 47 [(1,006)] (1,006) 26,547 26,547 244 26,791 3,338 (3,338) 40,000 3,291 23,256 66,547 (762) 65,785 152,000 4,549 36,341 192,890 192,890 51,939 51,939 51,939 5,489 (5,489) 15 (13,273) (13,273) (13,273) 5,489 33,177 38,666 38,666 152,000 10,038 69,518 231,556 231,556 95,179 95,179 95,179 9,934 (9,934) 9,934 85,245 95,179 95,179 152,000 19,972 154,763 326,735 326,735 E.

F. 37,870 69,738 127,218 2,244 700 2,317 1,175 676 (858) (2,657) (2,814) (18,726) (22,937) (24,569) (42) (2) (233) (67) (5) (10) 19,108 21,371 20,039 35 59 87 (5,783) 36,857 66,770 120,307 (5,509) (99,114) (149,322) (18,864) 50,055 (14,446) (86,170) (65,621) (21,681) (61,030) 83,506 61,584 65,760 9,123 27,747 (10,629) 7,040 (4,118) 23,037 16,337 (33,466) 32,411 (9,319) (7,699) (5,869) (19,108) (21,371) (20,039) (12,090) (62,536) 6,503

(366) (941) (653) 30 8,605 9,950 (188,280) 100,547 (67,687) 12,850 (83,850) 86,233 67 5 10 19,626 25,596 27,616 (147,498) 51,307 45,519 398,000 395,100 368,100 (284,200) (389,400) (367,100) 40,000 (13,273) 37,000 98,450 80,500 (32,500) (79,650) (103,800) 158,300 11,227 (22,300) (1,288) (2) 29,722 33,050 31,762 31,760 31,762 31,760 61,482 23 31,762 31,760 61,482

G. 1. Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Caymans, KY1-1111, Cayman Islands 338817 18 18 [ ] 2. [ ] 3.

9 1 15 1 16 3 16 2 38 1 2 7 4 2 1 2 3 15 4 4. [ ] [5] (a)

(i) (ii) (b)

(c) (i) (ii) (iii)

(d) 5-25 [5-10 ] [5-10 ] [5 ] (e) (f)

(g) (h) (i)

(ii) (i) (j) (k) (l) 12

(m) 37 (n) (o) (p) 4(f) (q) (i) (ii)

(iii) (r) (s) (t)

(u)

(v) (w) (x)

5. 1,040,000 1,040,000 1,040,000 6. (a) (b) [ ]

31 31 (c) 1 1 2 2 5 5 569,544 569,544 33,800 33,800 4,500 4,500 310,188 310,188 5,000 5,000 631,128 631,128 29,620 29,620 23,300 23,300 316,866 316,866 102,000 102,000 696,888 696,888 52,657 52,657 313,877 313,877 81,000 81,000

(d) 100 100 (1,602) (1,175) (1,681) (100) 1,602 1,175 1,681 (e) 909,296 951,330 1,110,473 64 64 64 907,244 989,148 1,055,645 (f) 19

7. 554,902 659,324 1,006,339 8. 858 2,657 2,814 18,726 22,937 24,569 42 2 233 19,626 25,596 27,616 472 8 67 5 10 5,783 1 1,600 2 190 1,913 1,835 3 27,741 27,514 29,469 1. 2.

9. 4 [ ]

(i) 232,930 227,848 73,363 20,761 554,902 19,917 18,930 5,660 2,054 46,561 290,564 158,162 74,129 37,789 560,644 (2,120) (8,670) (658) (492) (11,940) 386,024 224,135 33,207 15,958 659,324 48,366 23,657 2,037 2,508 76,568 405,592 238,314 58,944 16,326 719,176 (17,196) (20,781) (1,323) (1,184) (40,484) 410,230 528,746 51,261 16,102 1,006,339 63,645 62,656 3,598 2,636 132,535 412,211 367,014 52,430 11,365 843,020 (22,356) (22,750) (299) (626) (46,031)

(ii) 554,092 659,324 1,006,339 554,092 659,324 1,006,339 46,561 76,568 132,535 19,626 25,596 27,616 5,783 1,790 1,913 1,835 (2,317) (1,175) (676) (19,108) (21,371) (20,039) (14,465) (11,793) (14,053) 37,870 69,738 127,218

(iii) 560,644 719,176 843,020 363,532 262,985 330,672 35,815 119,663 63,152 154,283 171,664 232,671 1,114,274 1,273,488 1,469,515 11,940 40,484 46,031 569,544 631,128 696,888 33,800 29,620 52,657 299,400 305,100 306,100 2,200 12,300 38,470 4,500 23,300 2,634 921,384 1,041,932 1,142,780 (iv) 10% A 10.7% 10%

10. 19,108 21,371 20,039 11. 11,079 17,799 32,039 580,000 1,737,000 3,868,000 25% 25% 8% 4% 4% 4% 8% 8% 25%

37,870 69,738 127,218 25% 9,467 17,434 31,805 (1,431) 840 375 206 2,203 (10) 28 11,079 17,799 32,039 12. 2,244 700 489,183 559,481 839,205 2,317 1,175 676 35 (5,783) 30 59 87 883 841 605 10,442,000 11,896,000 13,456,000

13. 9,811 10,363 12,856 3,609 4,486 5,477 13,420 14,849 18,333 [] [] [] 14[] [] [] 255 308 298 105 139 132 360 447 430 1,000,000 4 5 5

14. (a) 68 68 34 15 49 34 15 49 136 30 166 64 64 36 15 51 36 15 51 136 30 166 62 62 42 18 60 42 18 60 146 36 182

(b) 75,000 75,000 CHHG 27,000 27,000 CHHG 75,000 65,000 75,000 27,000 16,000 27,000 (c)

15. 13,273 14,782,000 16. 2

17. 11,435 11,615 2,685 208 25,943 196 31 136 3 366 (36) (36) (11,631) (2,102) (13,733) 11,646 683 211 12,540 899 42 941 12,545 725 211 13,481 89 114 450 653 12,634 839 661 14,134 452 8,387 778 108 9,725 684 1,236 357 40 2,317 (1) (1) (1,136) (693) (1,829) 9,623 441 148 10,212 1,063 72 40 1,175 10,686 513 188 11,387 563 67 46 676 11,249 580 234 12,063 2,023 242 63 2,328 1,859 212 23 2,094 1,385 259 427 2,071

18. 1 1 100% 100% 100% [ 152,000,000 ] 100% 100% 100% [ 100,000 ] 100% 10,000,000 19. 64 64 64 51,000 51%

20. 355,030 369,448 454,446 28 1,200 355,030 369,476 455,646 50 50 23,552 2,342 2,180 2,500 70,123 98,006 142,410 2 52,097 58,357 75,609 31 1 6,088 8,251 10,287 128,339 167,114 228,306 506,921 538,982 686,182 CHHG21,507,000 15,194,000 12,181,000

0 90 56,557 106,822 124,101 91 180 34,196 32,073 60,852 181 365 144,473 86,806 106,869 12 88,961 84,797 115,079 23 24,609 52,211 48,745 3 6,234 6,767 355,030 369,476 455,646 1 1,550,000 2,070,000 2,152,000 0% 0% 0.662% 2 37,437 33,916 51,895 1 14,660 16,538 13,369 12 7,903 10,345 52,097 58,357 75,609

340 1,040 1,040 700 1,040 1,040 1,040 21. 1,060,874 1,720,261 2,638,445 (858,077) (1,374,175) (2,273,495) 202,797 346,086 364,950 205,614 349,700 387,374 (2,817) (3,614) (22,424) 202,797 346,086 364,950 52,097,000 58,357,000 75,609,000 9,123,000 36,870,000 23,584,000

22. a) (1) 4,500 23,300 b 2 3 4 38,500 38,500 44,100 47,100 51,502 51,502 4,200 43,530 43,530 61,930 74,430 2,215 84,330 7,000 7,000 7,080 7,000 19,650 14,580 20,650 7,250 20,650 2,900 7,360 14 25,000 25,000 62,200 68,700 66,700 37,500 38,100 38,100 39,400 39,400 40,650 40,650 CHHG 65,560 196,822 196,822 1,655 206,822 27,943 27,943 40,000 95,700 46,450 207,250 86,700 86,700 200 204 1,128 1,151 47,000 30,000 118,762 196,450 175,252 363,532 262,985 330,672 1. 2. 3. 0.6% 1.0% 4.

23. 31,762 31,760 61,482 4,053 87,903 1,670 35,815 119,663 63,152 0.4% 5% 0.4% 6% 0.3% 3.5% 24. 0.1 380 [ ] [ ] [ ] [ ] [ ] [ ] 380,000 38,000,000 0.01 0.01999

25. [ ] 26. (a) (b) (i) 27. 569,544 631,128 696,888 0 90 107,774 160,401 203,542 91 180 56,690 39,211 113,705 181 365 179,290 119,981 167,541 12 205,580 193,671 138,472 23 6,780 106,241 59,125 3 13,430 11,623 14,503 569,544 631,128 696,888

28. 3,583 6,899 10,997 2,396 2,965 7,155 14,000 2,652 2,220 7,908 7,924 13,803 19,913 9,180 4,482 33,801 29,620 52,657 29. 299,400 305,100 306,100 7.11% 7.05% 5.63% 50,000,000 28,800,000 18,800,000 249,400,000 276,300,000 287,300,000

299,400,000 305,100,000 306,100,000 (a) (b) (c) 30. (a) 9,000,000 CHHG 90% 11,904 31,932 2,735 6 395 (36,707) (200) 10,065 (1,006) (59) 9,000 9,000 (395) 8,605

(b) 10,000,000 6,033 4,066 50 (62) 10,087 (87) 10,000 10,000 (50) 9,950 31. [] [5,000,000] [102,000,000] [81,000,000] [ ]

32. [ ] 33. 34. 1 313 452 1,490 25 162 445 1,464 5 4 475 897 2,958 222

35. (a) CHHG 48,613 400 18,726 22,937 24,569 841 841 605 (b) 136 136 146 30 30 36 166 166 182 (c) 36. 14,782,000 2.8

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(f) 26 [] B. 1. (a) (b) (c) (d) (e) (f) (g) (h) (i) CHHG CHHG91% 9% [] []

2. (a) (i) (ii) 303741200 37 44 (iii) CHHG CHHG 1. CHHG 1 11485208 2. CHHG 2 11487269

3. CHHG 3 11500718 4. CHHG 4 11487259 5. CHHG 5 11487229 6. CHHG 6 11493579 7. CHHG 7 11485185 8. CHHG 8 11493536 9. CHHG 9 11485139 10. CHHG 10 11485122 11. CHHG 11 11485127 12. CHHG 12 11485149

13. CHHG 13 11485155 14. CHHG 14 11485160 15. CHHG 15 11493510 16. CHHG 16 11488488 17. CHHG 17 11493515 18. CHHG 18 11488479 19. CHHG 19 11500732 20. CHHG 20 11488468 21. CHHG 21 11488453 22. CHHG 22 11487338

23. CHHG 23 11487308 24. CHHG 24 11493525 25. CHHG 25 11500769 26. CHHG 26 11487288 27. CHHG 27 11493549 28. CHHG 28 11500748 29. CHHG 29 11500812 30. CHHG 30 11500823 31. CHHG 31 11500840 32. CHHG 32 11500858

33. CHHG 33 11500881 34. CHHG 34 11485197 35. CHHG 35 11510348 36. CHHG 37 11510364 37. CHHG 38 11485171 38. CHHG 39 11510368 39. CHHG 40 11510378 40. CHHG 41 11500794 41. CHHG 42 11493557 42. CHHG 45 11493567

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