2 4 10 11 18 32 47 49 51 53 55 56 58 132
* ** *** *** *** * ** *** Canon s Court, 22 Victoria Street, Hamilton HM 12, Bermuda 26 30 3001-3005 MUFG Fund Services (Bermuda) Limited The Belvedere Building, 69 Pitts Bay Road, Pembroke HM08, Bermuda 183 17M 378 www.ciamgroup.com 2
4
Mount Gibson Iron Limited 5
Norton Rowland CPA Limited UBS Investment Bank University of Western Sydney 6
Equation Summit Limited Equation Corp Limited Lifebrandz Ltd. 7
13.51(B) Lifebrandz Ltd. 8
Agnita Limited Agnita41.5% 729.HKAgnita Agnita 10
3.1% Agnita Limited Agnita41.5% Agnita Agnita Agnita Agnita Agnita Preferred Market Limited Agnita 41.5% Agnita 1.5 Preferred Market Limited CIAM Investment (BVI) Limited Agnita 8.5% Agnita5.2 11
5.2 5.131 Agnita 41.5%3.631 1.25 290,500,000 Agnita 1.5 Agnita Agnita Agnita Agnita Agnita 1.53.7 8% Agnita 1.60 Agnita 41.5% 1.90 1.25 20% 12
45% 7,800 4,500 UPC Renewables China Holdings Limited UPCUPC 5,000 6,300 7,900 1,000 1,200 5,000 6,300 100 2.46 3.07 1,300 1,700 2,100 98 13
4,900 2,2000.05200.0452 Agnita AgnitaAgnita 2,100 1,700 1,700 100 600 12.88 13.36 1.37 1.43 13.04Agnita 5.36Agnita 1.5 3.67 Agnita 1.5 14
2.48 400 (20) 18 3 (34) 367 Agnita 150 (3) 514 Agnita 5.2 Agnita 15
300 24(c)(v) 25 16
(A) (B) 3.10A 3.13 18
19
14 20
6/(6) ^ 0/(0) 6/(6) ^ 0/(0) ^ 0/(0) 6/(6) 6/(6) 6/(6) + 5/(6) + 5/(6) + 6/(6) ^ + 21
22
A.4.1 23
A, B ^ A, B ^ ^ A, B A, B A, B + + + A, B B B ^ + A B 24
F.1.1 15 (C) 25
1/(1) 1/(1) 1/(1) 1/(1) 7 8 (D) 26
(E) 27
3/(3) 3/(3) 3/(3) (F) 28
1,058 990 260 250 Agnita Limited Agnita41.5% 2,000 (i) Agnita 41.5% Agnita (ii) Preferred Market Limited Agnita 8.5% 601 861 2,250 1,919 3,240 (G) 29
A.6.7 30
(H) 58 21 74(3) 26 30 3001-3005ciam.info@ciamgroup.com (I) 31
Canon s Court, 22 Victoria Street, Hamilton HM 12, Bermuda 12 23 26 30 3001 3005 14 12 49 131 48,635,00022,229,000 45,000 32
13 24(c) 33
86(2) 87 3.13 3.13 34
XV 352 (a) (b) (c) 1,250,000 1,250,000 0.13% 1,935,000 1,935,000 0.21% 200,000 200,000 0.02% 200,000 200,000 0.02% 200,000 200,000 0.02% 200,000 200,000 0.02% 200,000 200,000 0.02% (a) 25 (b) 32(a) (c) 938,283,217 35
XV XV 7 8352 25 1(k)(iii) 36
XV 2 3 336 (a) Right Precious Limited Right Precious 300,878,860 300,878,860 32.07% 920,000 920,000 0.10% 300,878,860 300,878,860 32.07% (b) (b) 301,798,860 301,798,860 32.17% (b) 301,798,860 301,798,860 32.17% (b) 301,798,860 301,798,860 32.17% (b) 301,798,860 301,798,860 32.17% 37
(a) (b) 301,798,860 301,798,860 32.17% (b) 301,798,860 301,798,860 32.17% Champion Rise International Limited 100,000,000 100,000,000 10.66% 2,000,000 2,000,000 0.21% 100,000,000 100,000,000 10.66% 94,500,000 94,500,000 10.07% 94,500,000 94,500,000 10.07% Alpha Excel Investments Limited 70,000,000 70,000,000 7.46% 70,000,000 70,000,000 7.46% Silvanus Enterprises Limited 62,940,000 62,940,000 6.71% 62,940,000 62,940,000 6.71% 38
(a) Preferred Market Limited Preferred Market (c) 66,466,165 66,466,165 7.08% (d) 503,673,860 503,673,860 53.68% (c) (d) 570,140,025 570,140,025 60.76% (a) 938,283,217 (b) Right Precious 301,798,860 40% 70.32% 67.13% 77.90%48% (c) CIAM Investment (BVI) Limited CIAM BVI Preferred Market Preferred Market CIAM BVI CIAM BVI Preferred Market Agnita Limited Agnita8.5% 66,466,165 (i) Preferred MarketPreferred Market CIAM BVI Agnita 41.5% CIAM BVI Agnita 150,000,000 (ii) Agnita 520,000,000Agnita 39
(d) 503,673,860 840,106,498 89.54% 336 Agnita 520,000,000Agnita 50% 14A Agnita 14A Agnita 840,106,498 89.54%Agnita 150,000,000 370,000,0008% Agnita 40
14A (1) (a) 5,500,000 41
(b) 5,500,000 25% 10,000,000 14A 3,274,0003,847,000 2,739,0001,597,000 42
(2) 14A.56 3000 740 14A.55 31(a) 13.1313.20 14.07 8%13.1313.20 43
CIAM BVI Agnita CIAM BVI Agnita 150,000,000CIAM BVI AgnitaPreferred Market 8.08(1)(a) 132 26 44
45
49131 90 47
48
(169) (434) (1,010) 5,752 3 20,759 27,329 19,580 32,647 62 157 (26,995) (32,426) (7,353) 378 4 (16,621) (19,463) 27 685 (22,494) (1,062) (2,174) 193 5 (48,642) (19,269) 6 (2,960) (48,642) (22,229) 49
10 (4,157) 6,858 27 (186) (4,157) 6,672 (52,799) (15,557) 9 (48,635) (22,229) (7) (48,642) (22,229) (4,157) 6,672 (4,157) 6,672 (52,792) (15,557) (7) (52,799) (15,557) 11 (5.20) (4.52) 58 131 50
13(a) 648 932 15 535,599 556,435 16 108,219 113,198 17 47,007 28,295 18 475 451 19 1,104 1,104 693,052 700,415 17 12,810 30,290 18 81,563 84,072 15 150,000 150,000 21 366,684 399,621 611,057 663,983 22 11,952 18,119 31(b) 205 2,597 31(b) 31 23(a) 4,353 7,151 16,510 27,898 594,547 636,085 1,287,599 1,336,500 51
24(c)(i) 938,283 935,133 349,316 401,327 1,287,599 1,336,460 40 1,287,599 1,336,500 58 131 52
13(b) 619 860 14 538,503 538,503 17 28,296 28,295 19 979 979 568,397 568,637 17 2,168 20,239 20 322,400 476,971 18 2,363 1,493 21 337,053 346,268 663,984 844,971 22 10,549 15,571 20 35,255 351,392 31(b) 205 2,597 46,009 369,560 617,975 475,411 1,186,372 1,044,048 53
24(c)(i) 938,283 935,133 24(a) 248,089 108,915 1,186,372 1,044,048 58 131 54
24(c)(i) 24(d)(i) 24(d)(ii) 24(d)(iii) 24(d)(iv) 24(d)(v) 935,133 341,137 82,445 25,326 8,912 5,763 (62,256) 1,336,460 40 1,336,500 (48,635) (48,635) (7) (48,642) 10 (4,157) (4,157) (4,157) (4,157) (48,635) (52,792) (7) (52,799) 24(c)(iv) 3,150 935 (935) 3,150 3,150 25 767 767 767 (7,051) 7,051 14 14 (33) (19) 938,283 342,072 82,445 21,169 1,693 5,777 (103,840) 1,287,599 1,287,599 444,633 31,970 82,445 18,654 7,094 5,301 (39,713) 550,384 40 550,424 (22,229) (22,229) (22,229) 10 6,672 6,672 6,672 6,672 (22,229) (15,557) (15,557) 24(d)(v) 462 (462) 24(c)(iii) 490,500 309,167 799,667 799,667 25 1,966 1,966 1,966 (148) 148 935,133 341,137 82,445 25,326 8,912 5,763 (62,256) 1,336,460 40 1,336,500 58 131 55
(48,642) (19,269) 4 16,621 19,463 13(a) 283 505 5(b) (32) 27 (685) 22,494 1,062 2,174 (193) 1,010 (5,752) 5(a) 767 1,966 (5,293) (2,935) (16,222) (24,999) (1,247) 598 79 (6,167) (58) (2,392) 2,839 (31,321) (24,476) (2,079) (705) (605) (1,299) (34,005) (26,480) 56
123 27 220 (19,308) (4,452) 17,716 18,676 29 45,090 15 (150,000) 16 21,802 (19) (1,582) (68,541) (31) 24(c)(iii) 247,717 24(c)(iv) 3,150 3,119 247,717 (32,468) 152,696 399,621 246,820 (469) 105 21 366,684 399,621 58 131 57
1 (a) 622 11 76 87 9 32 2 (b) 1(e) 58
1 (b) 33 (c) 1(i) 59
1 (c) 1(e)1(d) 1(h) (d) 1(h) 60
1 (d) 1(e) 1(e) (e) (i) (ii) 61
1 (e) (ii) (a) (b) 1(h) 62
1 (e) (iii) (iv) (v) (a) (b) (ii) 63
1 (f) 1(h) 5 3 10 4 (g) 64
1 (h) 65
1 (h) (i) 66
1 (h) (ii) 67
1 (h) (iii) 34 1(h)(i) (ii) (i) (j) (k) (i) (ii) 10% 68
1 (k) (iii) Black-Scholes (l) 69
1 (l) 70
1 (m) (n) (i) 71
1 (n) (ii) (o) 72
1 (p) (A) (i) (ii) (iii) (B) (i) (ii) (iii) (iv) (v) (vi) (A) (vii) (A)(i) 73
1 (q) 2 10 12 27 36 10 12 27 10 36 36 74
3 20,743 26,881 16 61 387 20,759 27,329 4 ( 18(b)) 16,621 19,463 5 (a) * 1,013 1,031 25 767 1,966 * 16,757 15,540 18,537 18,537 75
5 (b) * 345 557 (32) * 3,528 3,751 175 (76) 1,058 990 2,650 2,650 * 6 (a) 1,510 23(a) 709 23(a) 1,299 (558) 1,450 2,960 76
6 (a) (b) (48,642) (19,269) (7,565) (1,725) 4,449 1,368 (2,677) (557) 5,813 2,973 (20) (51) 952 2,960 77
7 622 11 7832161 600 600 600 250 2,169 549 209 3,177 3,177 200 200 200 400 400 400 200 200 200 400 400 400 400 400 400 200 200 200 2,650 2,169 549 209 5,577 5,577 78
7 600 600 371 971 250 2,062 174 217 2,703 564 3,267 117 117 117 400 400 59 459 200 200 59 259 400 400 59 459 400 400 59 459 200 200 59 259 83 83 59 142 2,650 2,062 174 217 5,103 1,289 6,392 1(k)(iii) 25 79
8 7 3,560 3,517 264 704 1,399 621 234 266 5,457 5,108 1,000,000 1,000,0011,500,000 3 4 1,500,0012,000,000 1 2,000,0012,500,000 9 138,407,000 25,091,000 80
10 (a) (4,157) (4,157) 6,858 6,858 27 (186) (186) (4,157) (4,157) 6,672 6,672 (b) 27 (186) (186) 81
11 (a) 48,635,00022,229,000 935,210,888 491,667,464 935,133,217 444,633,217 77,671 47,034,247 935,210,888 491,667,464 (b) 12 82
12 (a) 19,580 32,647 19,580 32,647 10,140 29,773 10,140 29,773 (16,621) (19,463) (16,621) (19,463) (22,494) (1,062) (22,494) (1,062) (2,174) 193 (2,174) 193 4,096 2,671 (21,589) (31,381) (48,642) (19,269) 83
12 (b) 932,469 958,928 932,469 958,928 366,684 399,621 4,956 5,849 1,304,109 1,364,398 31 31 16,510 27,867 16,510 27,898 84
12 (c) 4,176 8,220 1,723 1,964 17,220 25,163 643,847 669,705 (1,816) (736) 19,580 32,647 645,570 671,669 85
13 (a) 3,735 3,632 2,251 9,618 (13) (13) 3,735 3,619 2,251 9,605 3,735 3,715 3,162 10,612 27 (98) (98) (920) (920) 15 9 24 3,735 3,632 2,251 9,618 3,735 2,700 2,251 8,686 283 283 (12) (12) 3,735 2,971 2,251 8,957 3,723 2,411 2,953 9,087 12 373 120 505 27 (97) (97) (829) (829) 13 7 20 3,735 2,700 2,251 8,686 648 648 932 932 86
13 (b) 3,735 3,108 1,387 8,230 3,735 2,248 1,387 7,370 241 241 3,735 2,489 1,387 7,611 3,723 1,991 1,387 7,101 12 257 269 3,735 2,248 1,387 7,370 619 619 860 860 14 538,503 538,503 87
14 2 100% 100% CIAM Investment (BVI) Limited 100 100% 100% 60,000,000 100% 100% 15 77,308 98,144 458,291 458,291 535,599 556,435 150,000 150,000 685,599 706,435 88
15 Agnita Limited Agnita 10,000 41.5% 41.5% 12,500,000 20% 20% Agnita Agnita 17 Agnita Agnita 1,324,551 280,221 6,802 321,028 387,571 20,036 (8,781) (9,521) (1,396,866) (341,810) (172) (53,648) (79,970) 186,284 236,491 26,666 89
15 Agnita 5,597 24,521 1,562 650 (54,203) (37,497) (2,560) (4,505) 3,996 4,447 1,038 (2,987) (50,207) (33,050) (1,522) (7,492) Agnita 186,284 236,491 41.5% 41.5% 77,308 98,144 458,291 458,291 535,599 556,435 90
15 15,000,00019,308,000 20% Agnita 41.5%175,000,000 1.25 290,500,000 24(c)(iii) 1.90 551,950,000Agnita Agnita Agnita Agnita 32(b) 16 108,219 113,198 91
16 186,730,000 45% 45% 492,533 541,728 28,657 42,574 (237,622) (286,032) (44,896) (48,888) 238,672 249,382 2,300 11,085 (41,163) (42,233) (237,622) (286,032) 92
16 57,657 60,667 (4,532) 825 (6,180) 6,926 (10,712) 7,751 21,802 (24,871) (24,940) 97 338 (14,539) (16,572) (195) (630) 93
16 238,672 249,382 45% 45% 107,402 112,222 107,402 112,222 817 976 (135) (178) (24) 28 (159) (150) 94
17 28,296 28,295 28,296 28,295 18,711 47,007 28,295 28,296 28,295 18,727 18,727 2,168 1,512 2,168 1,512 218 236 10,424 9,815 12,810 11,563 2,168 1,512 12,810 30,290 2,168 20,239 18,711,000 15 95
18 (a) 506 483 114,410 114,410 61,142 62,731 176,058 177,624 76,067 60,858 252,125 238,482 18(b) (170,087) (153,959) 82,038 84,523 475 451 81,563 84,072 82,038 84,523 2,363 1,493 61,142,000 62,731,000 96
18 (b) 153,959 135,996 4 16,621 19,463 (1,500) (493) 18(a) 170,087 153,959 61,142,000 62,731,00028(a)(i) 53,596,000 37,935,000 16,621,00019,463,000 35,591,000 19,463,000 19 1,104 1,104 979 979 20 97
21 1,331 1,431 216 202 365,353 398,190 336,837 346,066 366,684 399,621 337,053 346,268 22 23 (a) 6(a) 709 6(a) 1,299 (1,299) 709 4,467 6,324 (114) 118 4,353 7,151 98
23 (b) 1(l) 495,255,000460,838,000 24 (a) 341,137 8,912 2,184 (243,318) 108,915 138,407 138,407 138,407 138,407 24(c)(iv) 935 (935) 25 767 767 (7,051) 7,051 342,072 1,693 2,184 (97,860) 248,089 99
24 (a) 31,970 7,094 2,184 (218,375) (177,127) (25,091) (25,091) (25,091) (25,091) 24(c)(iii) 309,167 309,167 25 1,966 1,966 (148) 148 341,137 8,912 2,184 (243,318) 108,915 (b) 100
24 (c) (i) 2,500,000,000 2,500,000 750,000,000 750,000 24(c)(ii) 1,750,000,000 1,750,000 2,500,000,000 2,500,000 2,500,000,000 2,500,000 935,133,217 935,133 444,633,217 444,633 24(c)(iii) 490,500,000 490,500 24(c)(iv) 3,150,000 3,150 938,283,217 938,283 935,133,217 935,133 (ii) 1,750,000,000 1.00 2,500,000,000 101
24 (c) (iii) 290,500,000 Agnita 41.5%175,000,00015 551,950,000 290,500,000261,450,000 Agnita 200,000,000 250,000,000 247,717,000 200,000,00047,717,000 (iv) 3,150,000 1.00 3,150,000 3,150,0001(k)(iii) 935,000 (v) 1.79 11,715,000 1.79 1,200,000 1.00 5,700,000 8,850,000 5,700,000 21,765,000 25 102
24 (d) (i) 40 (ii) (iii) (1)(o) (iv) 1(k)(iii) (v) (i) (ii) (iii) 10% 50% (e) 103
24 (f) 1,287,599,000 1,336,500,000 25 10 (i) (ii) (iii) (iv) 104
25 (v) (vi) 10% 5,700,00021,765,000 0.6% 2.3% 12 1% 10 (i) (ii) (iii) 1.0028 105
25 (iv) (i) (ii) (i) (ii) (i) (i) (ii) (i) (ii) (i) (ii) (i) (ii) (i) (ii) (i) (ii) (iii) (i) (ii) 1.79 1,250,000 (1,250,000) 1.00 1,250,000 (1,250,000) 1.79 1,900,000 (1,900,000) 1.00 1,900,000 (1,900,000) 1.79 400,000 (400,000) 1.79 200,000 (200,000) 1.00 200,000 200,000 1.79 200,000 (200,000) 1.00 200,000 200,000 1.79 200,000 (200,000) 1.00 200,000 200,000 1.79 200,000 (200,000) 1.00 200,000 200,000 1.79 200,000 (200,000) 1.00 200,000 200,000 1.79 5,565,000 (5,565,000) 1.00 4,500,000 4,500,000 1.79 1,200,000 (1,200,000) 1.79 1,600,000 (1,600,000) 1.00 200,000 200,000 21,765,000 (12,915,000) (3,150,000) 5,700,000 106
25 (i) (ii) (iii) (iv) 1,250,000 1,900,000 3,150,000 (v) 1.790.89 (vi) 2,733,000 Black- Scholes 0.09 0.30 0.59 0.89 0.89 1.79 1.79 1.00 1.79 90.599% 67.923% 63.725% 1 2 0.090% 0.183% 1.157% 107
25 767,0001,966,000 32(a) 26 5% 30,00025,000 10%0% 100% 108
27 349,000 129 101 (242) (139) 13(a) 1 (150) 685 10 (186) 349 349 (129) 220 109
28 (a) 15 17 18 110
28 (a) (i) 150,000 150,000 150,000 150,000 506 480 27 2,204 533 2,684 18(b) 61,142 62,734 18,004 18,472 79,146 81,206 114,410 114,410 55,677 39,549 170,087 153,959 326,058 327,624 73,708 60,225 399,766 387,849 3 3 61,142 62,731 18,004 18,472 79,146 81,203 61,142 62,734 18,004 18,472 79,146 81,206 (ii) 111
28 (b) 11,952 11,952 11,952 205 205 205 12,157 12,157 12,157 10,549 10,549 10,549 35,255 35,255 35,255 205 205 205 46,009 46,009 46,009 112
28 (b) 18,119 18,119 18,119 2,597 2,597 2,597 31 31 31 20,747 20,747 20,747 2,622 2,622 2,622 23,369 23,369 23,369 15,571 15,571 15,571 351,392 351,392 351,392 2,597 2,597 2,597 369,560 369,560 369,560 113
28 (c) (i) % % % % 6.00 28.50 6.00 30.00 0.001 1.08 0.001 1.08 0.001 1.08 0.001 1.08 114
28 (c) (i) 3 3 1 1 61,150 23 475 61,648 150,000 150,000 364,437 2,247 366,684 425,587 23 475 152,247 578,332 3 3 1 1 334,931 2,122 337,053 115
28 (c) (i) 3 3 1 1 63,214 63,214 150,000 150,000 395,734 3,887 399,621 458,948 153,887 612,835 3 3 1 1 343,748 2,520 346,268 116
28 (c) (i) 100 100 4,036 4,305 3,349 3,437 100 (ii) 117
28 (c) (ii) 38,812 18,710 28,296 51,903 1,913 4,542 50,799 1,913 4,542 2,406 (2,109) (678) 90,715 1,913 23,252 81,501 (196) 3,864 37,754 437 28,295 52,734 2,040 30 51,516 2,040 30 1,025 1,504 (7,777) (2,166) (2,199) 90,488 2,477 30 73,059 (126) (665) 118
28 (c) (ii) 10% 191 10% 248 (10)% (191) (10)% (248) 10% 2,325 10% 3 (10)% (2,325) (10)% (3) 10% (20) 10% (13) (10)% 20 (10)% 13 10% 387 10% (67) (10)% (387) (10)% 67 119
28 (c) (ii) (d) 17 120
28 (d) 10% 199 10% 146 (10)% (199) (10)% (146) 10% 181 10% 126 (10)% (181) (10)% (126) 29 (a) (i) 13 121
29 (a) (i) 2,386 2,386 2,168 2,168 10,424 10,424 28,296 28,296 28,296 28,296 18,711 18,711 2,386 10,424 47,007 59,817 2,168 28,296 30,464 122
29 (a) (i) 1,748 1,748 1,512 1,512 9,815 9,815 28,295 28,295 28,295 28,295 18,727 18,727 18,727 18,727 1,748 28,542 28,295 58,585 1,512 18,727 28,295 48,534 (ii) 123
29 (a) (iii) 5% 1,939,000337,000 28,295 28,287 1 8 28,296 28,295 1 8 124
29 (a) (iii) 19,308 (597) 18,711 (597) (b) 125
30 (a) 2,622 (b) 131 126
31 (a) 685 (i) 3,318 4,113 3,318 4,092 (i) (12,933) (16,332) (12,933) (16,332) (b) (ii) 205 2,597 205 2,597 31 (ii) 150,000 150,000 (i) (ii) 127
31 (c) 10,784 9,753 473 536 286 1,840 11,543 12,129 5(a) (d) 14A 14A 128
32 (a) 25 50% 89.54% (b) Agnita Agnita Preferred Market Limited Preferred Market CIAM Investment (BVI) Limited CIAM BVI (i) Preferred MarketPreferred Market CIAM BVI Agnita 41.5%535,599,000 15 CIAM BVI Agnita 150,000,00015(ii) Preferred Market CIAM BVI Agnita 8.5% Agnita 520,000,000 150,000,000 370,000,000 8% CIAM BVIAgnita 32(a) Agnita Agnita Agnita 160,000,000 Preferred Market Agnita 58.5% Agnita Preferred Market Agnita 100% 129
33 (i) (ii) 29(a)(ii) (iii) 10,424,000 28,542,000 (iii) 29 130
34 19 11 1638 15 9 6229358 9 131
19,580 32,647 22,067 29,107 85,284 (48,642) (19,269) (10,412) (120,808) 45,890 (2,960) (4,279) (10,645) (1,952) (48,642) (22,229) (14,691) (131,453) 43,938 (48,635) (22,229) (14,687) (131,455) 44,149 (7) (4) 2 (211) (48,642) (22,229) (14,691) (131,453) 43,938 1,304,109 1,364,398 574,183 663,386 869,026 (16,510) (27,898) (23,759) (102,335) (174,184) 1,287,599 1,336,500 550,424 561,051 694,842 1,287,599 1,336,460 550,384 561,189 694,982 40 40 (138) (140) 1,287,599 1,336,500 550,424 561,051 694,842 132