2 3 4 7 19 24 29 43 45 46 47 49 51 53 54 171

371 www.bewg.com.hk Canon s Court 22 Victoria Street Hamilton HM 12 Bermuda 18 66 (852) 2796 9963 (852) 2796 9972 Butterfield Fulcrum Group (Bermuda) Limited Rosebank Centre 11 Bermudiana Road Pembroke HM08 Bermuda 28 26 002

003 2011 44.11% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 80% 60% 60% 100% 100% 100% 100% 100% 100% 100% 100% 100% 90% 100% 100% 100 100 100 100 100 100 100 100% 92.71% 100% 83.8% 100% 100% 100% 100% 100% 100% 100% 100% 50% 100% 100% 49.23% 46.16% 30.77% 28.84% 100% 100% 60% 97% 50% 50% 70% 70% 70% 50% 65% 89% 45% 100% # # Loyal BEWG BEWG (M) 50% 100% #

2,654,454,000 600,736,0008.94 2,819,450 18 320,000 3,385,362,0006,413,646,000 004

005

006

17% 600,700,000 58% 2,654,500,000 1. % % % 994.7 37% 62% 490.9 54% 994.7 37% 62% 484.7 53% 6.2 1% 83.2 3% 47% 12.3 1% 83.2 3% 47% 10.9 1% 1.4 1,077.9 40% 503.2 55% 752.1 29% 4% 191.4 21% 10% 426.8 16% 0% 10% 325.3 13% 9% 65.4 7% 0% 126.0 14% 612.9 23% 10% 44.3 5% 1,365.0 52% 235.7 26% 211.6 8% 82% 169.1 19% 2,654.5 100% 908.0 100% # (307.3) 600.7 # 5,700,000313,000,000 12,500,000 700,000 007

1. % % % 591.6 9% 62% 248.3 30% 75.5 1% 39% 10.3 1% 667.1 10% 258.6 31% 10% 4,600.0 72% 9% 311.4 37% 831.6 13% 11% 63.8 8% 5,431.6 85% 375.2 45% 249.4 5% 99% 203.1 24% 6,348.1 100% 836.9 100% # (324.4) 512.5 # 89,500,00023,800,000 211,100,000 800,000 008

1. : % % 994.7 591.6 403.1 68% 490.9 248.3 242.6 98% 994.7 591.6 403.1 68% 484.7 248.3 236.4 95% 6.2 6.2 100% 83.2 75.5 7.7 10% 12.3 10.3 2.0 19% 83.2 75.5 7.7 10% 10.9 10.3 0.6 6% 1.4 1.4 100% 1,077.9 667.1 410.8 62% 503.2 258.6 244.6 95% 752.1 4,600.0 (3,847.9) (84%) 191.4 311.4 (120.0) (39%) 10% 426.8 426.8 100% 10% 325.3 4,600.0 (4,274.7) (93%) 65.4 311.4 (246.0) (79%) 126.0 126.0 100% 612.9 831.6 (218.7) (26%) 44.3 63.8 (19.5) (30%) 1,365.0 5,431.6 (4,066.6) (75%) 235.7 375.2 (139.5) (37%) 211.6 249.4 (37.8) (15%) 169.1 203.1 (34.0) (17%) 2,654.5 6,348.1 (3,693.6) (58%) 908.0 836.9 71.1 8% (307.3) (324.4) 17.1 (5%) 600.7 512.5 88.2 17% 009

2. 18 2.1 126101 20 4 1 2,819,4508,728,950 48% 2,819,450544,500BOT 475,000TOT744,500 1,055,450 3,773,750 1,125,000 182,000 5,080,750 2,004,000 1,389,200 205,000 50,000 3,648,200 5,777,750 2,514,200 387,000 50,000 8,728,950 65 8 2 75 36 12 2 1 51 101 20 4 1 126 010

2. 2.1 21 1,456,000 376.1 410.2 250.7 21 1,281,500 329.9 225.8 79.7 8 417,000 119.3 126.7 51.5 11 346,250 55.5 117.9 65.8 6 455,000 88.6 114.1 43.2 67 3,955,750 969.4 994.7 490.9 8 1,125,000 158.6 83.2 12.3 75 5,080,750 1,128.0 1,077.9 503.2 2.1.1 3,773,750 2,532,000182,000182,000 2,792,689 71% 1.15969,400,000 994,700,000 37%490,900,000484,700,000 6,200,000 011

2. 2.1 2.1.1 BOT 21 1,456,000664,000 83.8% 376,100,000 410,200,000 250,700,000 21 1,281,500 281,500 28%329,900,000 225,800,000 79,700,000 8 120,000417,000 119,300,000 126,700,000 51,500,000 11 176,250346,25055,500,000 117,900,000 65,800,000 012

2. 2.1 2.1.1 6 455,000 88,600,000 114,100,00043,200,000 2.1.2 1,125,000 2.36 158,600,00083,200,000 3%12,300,00010,900,000 1,400,000 2.2 2.2.1 151,100,000 2,664,600,000 601,000,000 1,935,400,000 013

2. 2.2 2.2.1 4,600,000,000 3,847,900,000 752,100,000311,400,000 120,000,000191,400,000 126,000,000 2.2.2 BOT 12 21 612,900,000 44,300,000 1,408,700 BOT TOT 014

2. 2.3 211,600,0008% 169,100,0002318 27,800,000 226,000,000 22,200,000 184,000,000 3. 3.1 2,654,500,000 6,348,100,000 5,431,600,000 4,066,600,0001,365,000,000 3.2 1,746,200,000 1,272,800,000 435,800,000 166,700,00078,400,000 33,200,000 015

3. 3.3 18%34% 85% 52%7% 63% 3.4 144,100,00060,500,000 33,400,000 42,200,000 3.5 301,200,000219,500,000 42,700,000 3.6 317,600,000215,800,000 3.7 134,400,0001,300,000 18% 25% 34,200,000 016

3. 3.8 10,881,800,0001,687,200,000 1,599,300,000 87,900,0005,256,200,000 5,003,100,000 253,100,0003,938,400,000 261,900,000 3,676,500,000BOT TOT6,464,700,000 12 4,054,200,000 362,900,000 3.9 1,947,800,000 1,961,800,0008,760,100,000 8,532,500,000 6,434,500,000 8,527,600,000 2,325,600,0004,900,000 0.71.3 1.4852,283,378,231 3,385,400,000 1,450,000,0003.75% 500,000,0005.00% 4,000,000,000200,000,000 1 5 3.10 3,582,100,000 1,338,300,000 192,800,000 1,047,100,000 2,342,200,000 017

2,240 (i) (ii) (iii) (iv) 018

019

5/5 0/1 3/5 5/5 5/5 5/5 5/5 4/5 4/5 5/5 3/3 3/4 2/2 3/5 2/5 4/5 2/5 4/5 A.2.1 A.4.1 3.13 020

A.4.1 021

100% 6,500,000 4,300,000 022

023

59 392 154 (EMBA) 8178 53 392 154472 024

47 392925 Tramford International Limited 47EMBA 48 EMBA 41 643 * 993 * 025

49 50 44 43 392 MBA 41 392 8247 619 026

45 47 1140 Vimetco N.V. 44 Paragon Investment Co. Ltd. Arthur Andersen LLC * 2362 * 027

70 51 Wageningen DHV 44 028

18 45170 3 1. 029

2. ) 171172 300,000 361,000 31% 63% 16%44% 5% 030

13 29 32 30(b) 5,675,232,000 (a) (b) 031

99(B) 032

13.51B(1) 13.51B(1) 13.51B(1) 24 28 22 033

XV 352XV 2 100,000 684,789,919 684,889,919 9.9128% 1 300,000 684,789,919 685,089,919 9.9157% 1 400,000 400,000 0.0058% 40,000 40,000 0.0006% 1. Tenson Investment Limited52.62% 44.93% 2.45%Tenson Investment Limited 684,789,919 2. 6,909,170,486 XV 352 034

10% 1% 0.1%5,000,000 (i) (ii)(iii) 035

18 336 3 1 1 Tenson Investment Limited 2 3,047,556,993 1 44.11% 3,047,556,993 44.11% 1 684,789,919 9.91% 036

1. 3,047,556,993 3,047,556,993 3,047,556,993 (BVI) 3,047,556,993 3,047,556,993 3,047,556,993(BVI) 36.15% (BVI) 100% 2. Tenson Investment Limited 52.62%44.93%2.45% 3. 6,909,170,486 336 037

25% 59,052,000459,425,000 200,000,000 1,556,000,000 140,948,0001,096,575,000 14A 038

Violet Passion Holdings LimitedViolet Passion Violet PassionViolet Passion Violet Passion 11.03%195,360,000 235,110,000 11.03%88.97% 90,680,000 109,130,000 2.134104,680,000 125,980,000 59,035,792 Violet Passion 14A 1.485 998,502,000 52,050,993 039

250,000,000 51% 827,981,107 43.9%9.8% 51% 35% 1,300,000,000 35% 35% 700,000,000 35% 35% 1,000,000,000 3.75% 450,000,000 5.00% 450,000,000 3.75% 50,000,000 5.00% 3.75% 5.00% 040

101% (a) 35% (b) (c) (d) 250,000,000 35% 35% 950,000,000 1,170,970,000 35% 35% 041

49 042

Ernst & Young 22/F, CITIC Tower 1 Tim Mei Avenue, Central Hong Kong Tel: +852 2846 9888 Fax: +852 2868 4432 www.ey.com 1 22 +852 2846 9888 +852 2868 4432 45170 90 043

044

5 2,654,454 6,348,060 (1,746,217) (5,226,252) 908,237 1,121,808 5 385,505 22,933 5 144,115 60,531 (301,221) (219,465) 16,402 (56,608) 6 1,153,038 929,199 7 (312,989) (234,908) 19(a) 20,798 824 860,847 695,115 10 (169,861) (130,950) 690,986 564,165 11 600,736 512,512 90,250 51,653 690,986 564,165 12 8.94 10.75 8.94 9.95 045

690,986 564,165 451,838 182,958 (7,370) 444,468 182,958 1,135,454 747,123 941,584 657,248 193,870 89,875 1,135,454 747,123 046

13 233,276 46,114 15 1,643,719 1,580,116 16 763,381 749,718 17 6,455 5,305 19 1,973,493 118,619 20 37,038 21 2,964 1,647 24 1,599,285 1,605,284 16 5,003,117 2,736,583 25 261,850 120,905 26 1,542,014 1,408,510 37 28,874 31,806 13,095,466 8,404,607 22 999,626 23 13,422 12,786 24 87,865 759,109 16 253,105 123,889 25 3,676,549 4,002,108 26 4,583,574 1,367,995 28 92,367 592,507 28 1,947,768 1,961,828 11,654,276 8,820,222 24,749,742 17,224,829 047

29 690,917 456,676 30(a)(i) 7,391,072 3,436,184 8,081,989 3,892,860 1,628,892 1,175,094 9,710,881 5,067,954 39 279,909 22,644 31 5,364,905 3,231,442 33 2,325,633 35 167,296 123,374 36 25,163 23,978 37 205,179 138,688 8,368,085 3,540,126 38 2,049,236 2,637,650 39 3,406,346 569,700 145,585 108,286 31 1,069,609 5,296,200 34 4,913 6,670,776 8,616,749 15,038,861 12,156,875 24,749,742 17,224,829 048

30(a) (ii) 32 30(a) (iii) 348,219 1,817,378 (400) 216,986 (5,507) 47,350 198,879 2,622,905 388,911 3,011,816 512,512 512,512 51,653 564,165 144,736 144,736 38,222 182,958 144,736 512,512 657,248 89,875 747,123 29(a), 32 108,457 715,053 (216,986) 606,524 606,524 706,208 706,208 41 24,989 24,989 4,129 4,129 (28,564) (24,435) 2,054 2,054 2,054 (6,325) (6,325) 1,265 54,016 (55,281) 456,676 2,532,431* (400)* 7,448* * 139,229* 101,366* 656,110* 3,892,860 1,175,094 5,067,954 049

30(a) (ii) 30(a) (iii) 456,676 2,532,431 (400) 7,448 139,229 101,366 656,110 3,892,860 1,175,094 5,067,954 600,736 600,736 90,250 690,986 348,218 348,218 103,620 451,838 (7,370) (7,370) (7,370) (7,370) 348,218 600,736 941,584 193,870 1,135,454 29(b) 228,338 3,157,024 3,385,362 3,385,362 29(c) 5,903 120,079 (187,233) (61,251) (48,139) (109,390) (76,576) (76,576) (111,036) (187,612) 484,886 484,886 10 10 10 (65,783) (65,783) 90,508 (90,508) 690,917 5,809,534* (400)* (256,351)* (7,370)* 487,447* 191,874* 1,166,338* 8,081,989 1,628,892 9,710,881 * 7,391,072,000 3,436,184,000 050

860,847 695,115 5 (21,875) (6,481) 5 (241,369) 5 (45,413) 5 (2,879) 5 (36,658) 5 (37,311) 6 1,478 225 5 (2,824) 5 (42,235) 6 9,299 8,228 6 37,285 30,206 6 903 502 6 (39,655) 32,495 6 17,945 239 6 1,808 223 35 33,207 24,895 7 321,561 242,985 (20,798) (824) 796,140 1,024,984 (999,626) 248 (5,392) 794,003 (308,574) (1,691,617) (765,232) 598,756 (3,916,879) (3,591,967) (987,908) (726,021) 2,081,263 2,727,030 (342,705) (2,093,054) (3,220,443) (103,671) (17,626) (1,310) (2,198,035) (3,238,069) 051

13 (65,987) (25,163) 16 (10,783) (112,953) 17 (1,768) (2,397) 41 (245,218) 476 (1,334,530) (75,174) (36,145) (297,002) (1,236) (1,177) (776) (42,625) (24,491) 500,140 (578,484) 5 21,875 6,481 (1,495,921) (831,016) 484,886 706,208 2,325,633 4,088,013 7,759,985 (6,319,116) (3,135,538) 29(b) 3,385,362 (5,156) (6,428) (317,616) (215,792) (234) (681) (65,783) (6,325) 3,575,989 5,101,429 (117,967) 1,032,344 1,961,828 876,861 79,416 52,623 1,923,277 1,961,828 28 1,947,768 1,961,828 (24,491) 1,923,277 1,961,828 052

13 1,039 167 18 7,943,852 6,802,932 19 1,282,778 1,269 26 1,051,225 1,048,071 10,278,894 7,852,439 25 19,696 19,696 26 51,597 251,072 18 3,166,450 876,710 28 107,195 166,814 3,344,938 1,314,292 13,623,832 9,166,731 29 690,917 456,676 30(b) 5,675,232 2,390,719 6,366,149 2,847,395 31 3,402,217 1,570,578 33 2,325,633 5,727,850 1,570,578 38 2,416 12,022 39 20,793 13,987 18 1,117,147 336,451 31 389,477 4,386,298 1,529,833 4,748,758 7,257,683 6,319,336 13,623,832 9,166,731 053

1. 2.1 454,928,508,000 (a) (b) (c) 40% (d) 054

2.1 (i)(ii) (iii)(i) (ii)(iii) 2.2 1 24 32 14 19 1 7 32 14 055

2.2 24 3 1 27 (a) 24 24 46 (b) 3 7 32 39 3 1 2727 21 28 31 27 056

2.3 1 1 1 1 1 4 7 7 1 7 7 4 9 6 10 4 11 4 12 4 13 4 1 1 3 12 12 2 19 4 27 4 28 4 32 32 5 4 20 1 2 3 4 5 6 057

2.3 (a) 7 (b) 939 39 9 399 39 058

2.3 (c) 9 39 39 9 (d) 10 27 12 10 1027 12 1131 13 12 2731 28 10 11 12 27 28 10 11 12 27 28 (e) 13 13 059

2.3 (f) 1 (g) 19 19 2.4 060

2.4 (a) (b) (c) 20% (d) 39 20% 061

2.4 20% (a) (i) (ii) (iii) (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) 062

2.4 39 39 063

2.4 30 5 510 1020 510 310 064

2.4 065

2.4 (a) (b) (a)(b) (a) (b) 066

2.4 067

2.4 068

2.4 39 (a) (b) (a)(b) 069

2.4 (a) 070

2.4 (b) (a)(b) 071

2.4 39 (i) (ii) 072

2.4 073

2.4 (i) (ii) 074

2.4 075

2.4 (i) (ii) 076

2.4 077

2.4 (a) (b) (c) (d) 078

2.4 (e) (f) (g) 079

2.4 080

2.4 3. 2.4 763,381,000 749,718,000 5,256,222,000 2,860,472,00016 081

3. (i) (ii) 082

3. (a) (b) 37 167,296,000 123,374,00035 233,276,000 46,114,000 769,836,000 755,023,000 13 16 17 083

3. 1,643,719,000 1,580,116,000 15 2.4 5,256,222,000 2,860,472,000 3,938,399,000 4,123,013,000 6,101,173,000 2,764,894,000 16 25 26 084

3. 288,377,000 129,770,000 145,585,000 108,286,000 28,874,000 31,806,000 205,179,000 138,688,000 37 085

4. (a) (b) (c) 086

4. 2,359,679 83,198 211,577 2,654,454 (1,664,409) (44,104) (37,704) (1,746,217) 695,270 39,094 173,873 908,237 925,239 19,219 189,978 1,134,436 19,325 1,473 20,798 944,564 20,692 189,978 1,155,234 18,602 (312,989) 860,847 (169,861) 690,986 726,633 12,342 169,070 908,045 (307,309) 600,736 20,008,637 1,172,910 776,161 21,957,708 2,792,034 24,749,742 087

4. 5,835 810 1,023 7,668 1,631 9,299 26,599 10,686 37,285 91 105 172 368 535 903 * (39,529) 236 19,391 (19,902) 32,897 310 33,207 ** 28,988 7,037 1,110 37,135 166,463 203,598 088

4. 6,023,210 75,460 249,390 6,348,060 (5,176,892) (45,979) (3,381) (5,226,252) 846,318 29,481 246,009 1,121,808 774,047 13,117 239,173 1,026,337 824 824 774,871 13,117 239,173 1,027,161 (97,138) (234,908) 695,115 (130,950) 564,165 623,475 10,272 203,142 836,889 (324,377) 512,512 13,657,216 206,216 806,198 14,669,630 2,555,199 17,224,829 089

4. 5,021 1,351 631 7,003 1,225 8,228 25,643 4,563 30,206 3 34 198 235 267 502 * 32,546 17 370 32,933 24 32,957 24,606 289 24,895 ** 119,225 2,821 14,465 136,511 4,002 140,513 090

4. * ** 90%90% 10% 1 426,867 * 2 * 1,554,300 3 * 1,755,791 4 * 1,108,363 426,867 4,418,454 * 10% 091

5. (1) (2) (3) (4)(5) * 994,682 591,648 * 1,364,997 5,431,562 83,198 75,460 173,216 235,670 38,361 13,720 2,654,454 6,348,060 092

5. 21,875 6,481 241,369 @ 45,413 19(c) 2,879 1,707 26(a)(iv) (v) 36,658 27 37,311 14,745 385,505 22,933 # 734 223 33,370 47,058 6,039 5,754 21,635 4,672 61,778 57,707 41 2,824 42,235 40,102 82,337 2,824 144,115 60,531 093

5. * 318,822,000 214,280,000 @ 70% 716,428,000 # 44(a) 27,697,00033,370,000 (i)38,987,000 44,762,000(ii) 2,000,0002,296,000 34,956,00042,116,000 60% 094

6. 370,950 201,179 1,272,757 4,950,070 27,521 41,416 35,968 2,041 1,736 1,340 13 9,299 8,228 * 16 37,285 30,206 * 17 903 502 5,067 1,638 6,500 5,100 8 208,779 117,759 15,376 11,180 27,309 26,126 251,464 155,065 1,478 225 16(b) (39,655) 32,495 25(c) 17,945 239 26(c) 1,808 223 35 33,207 24,895 (40,102) 1,045 * 095

7. 266,965 208,248 5,557 7,544 45,094 32 23,787 234 681 317,850 240,260 35 3,711 2,725 321,561 242,985 (8,572) (8,077) 312,989 234,908 8. 161 2,058 1,329 6,212 12,065 36 36 6,248 12,101 8,306 13,430 096

8. 100 100 100 100 253 1,597 12 1,862 253 1,349 12 1,614 253 1,473 12 1,738 100 695 795 100 1,098 1,198 100 100 67 67 58 58 186 186 1,570 6,212 36 7,818 68 68 120 120 100 100 100 100 100 100 488 488 2,058 6,212 36 8,306 097

8. 100 100 100 100 100 3,618 12 3,730 8 8 100 3,056 12 3,168 100 2,648 12 2,760 100 1,825 1,925 33 918 951 100 100 100 100 841 12,065 36 12,942 68 68 120 120 100 100 100 100 100 100 488 488 1,329 12,065 36 13,430 098

9. 8 10. 138,048 99,319 (3,655) (1,617) 1,310 37 34,158 33,248 169,861 130,950 099

10. % % % (98,921) 959,768 860,847 (15,799) 16.0 239,942 25.0 224,143 26.0 (11,402) (1.2) (11,402) (1.3) (52,022) (5.4) (52,022) (6.0) 5% 4,869 0.5 4,869 0.6 (3,655) (0.4) (3,655) (0.4) (344) 0.4 (4,678) (0.5) (5,022) (0.6) (5,684) 5.7 (9,346) (0.9) (15,030) (1.8) 23,137 (23.4) 7,966 0.8 31,103 3.6 (9,071) (0.9) (9,071) (1.1) 5,948 0.6 5,948 0.7 1,310 (1.3) 168,551 17.6 169,861 19.7 100

10. % % % (133,330) 828,445 695,115 (21,999) 16.5 207,111 25.0 185,112 26.6 (52,687) (6.4) (52,687) (7.6) (60,457) (7.3) (60,457) (8.7) (1,617) (0.2) (1,617) (0.2) (140) 0.1 6 (134) (1,375) 1.0 (1,552) (0.2) (2,927) (0.4) 24,498 (18.3) 15,237 1.9 39,735 5.7 (1,100) 0.8 (3) (1,103) (0.2) 116 (0.1) 24,912 3.0 25,028 3.6 130,950 15.8 130,950 18.8 11. 7,410,000 55,209,000 30(b) 12. 1.485 2,283,378,231 29(b) 101

12. 600,736 512,512 23,787 600,736 536,299 6,719,431,905* 4,769,441,329* 620,611,554* 6,719,431,905 5,390,052,883 * 102

13. 13,742 1,078 3,829 17,912 31,253 2,552 70,366 (191) (845) (1,900) (7,489) (13,827) (24,252) 13,551 233 1,929 10,423 17,426 2,552 46,114 13,551 233 1,929 10,423 17,426 2,552 46,114 41 368 368 125,544 31,693 5,032 13,385 14,998 395 191,047 (235) (204) (632) (3,625) (4,603) (9,299) (54) (104) (1,320) (1,478) 3,754 766 117 757 293 837 6,524 142,614 32,488 6,392 20,836 26,794 4,152 233,276 143,056 33,583 8,934 30,662 43,465 4,152 263,852 (442) (1,095) (2,542) (9,826) (16,671) (30,576) 142,614 32,488 6,392 20,836 26,794 4,152 233,276 103

13. 153,982 1,041 95,579 13,741 22,111 3,059 289,513 (21,519) (816) (20,006) (5,141) (10,004) (57,486) 132,463 225 75,573 8,600 12,107 3,059 232,027 132,463 225 75,573 8,600 12,107 3,059 232,027 41 966 5,487 6,453 13,407 2,295 4,714 4,703 44 25,163 (187) (920) (2,762) (4,359) (8,228) 16 (132,463) (75,069) (1,315) (1,012) (683) (210,542) (14) (109) (103) (226) 331 8 64 329 603 132 1,467 13,551 233 1,929 10,423 17,426 2,552 46,114 13,742 1,078 3,829 17,912 31,253 2,552 70,366 (191) (845) (1,900) (7,489) (13,827) (24,252) 13,551 233 1,929 10,423 17,426 2,552 46,114 104

13. 34 490 524 (14) (343) (357) 20 147 167 20 147 167 946 173 1,119 (79) (21) (147) (247) 867 172 1,039 946 207 490 1,643 (79) (35) (490) (604) 867 172 1,039 105

13. 34 490 524 (7) (196) (203) 27 294 321 27 294 321 (7) (147) (154) 20 147 167 34 490 524 (14) (343) (357) 20 147 167 14. 27,704 16 (27,704) 106

15. 1,580,116 1,575,451 41 57,007 6,596 4,665 1,643,719 1,580,116 1,269,730 1,206,466 14,749 14,410 359,240 359,240 1,643,719 1,580,116 107

15. 10 1011.5% 12.9% 3% 108

15. 16. (i) (ii) (iii) 109

16. 101 412 1. 100,000 30 2. 50,000 30 3. 50,000 30 4. 180,000 20 5. 60,000 20 6. 50,000 20 7. 50,000 20 8. 80,000 25 9. 100,000 25 110

16. 10. 99,000 25 11. 50,000 22 12. 50,000 22 13. 50,000 27 14. 50,000 22 15. 50,000 30 16. 50,000 30 17. 400,000 20 18. 200,000 25 111

16. 19. 50,000 40 20. 80,000 30 21. 100,000 25 22. 100,000 28 23. 100,000 30 24. 100,000 30 25. 180,000 30 26. 50,000 27 27. 50,000 25 28. 50,000 25 112

16. 29. 100,000 30 30. 100,000 30 31. 50,000 30 32. 100,000 30 33. 100,000 25 34. 50,000 30 35. 1,000,000 30 36. 50,000 30 37. 79,200 20 113

16. 2,740,254,000 2,323,198,000 31(b)(i) 114

16. 2.4 896,578 467,714 (146,860) (68,582) 749,718 399,132 749,718 399,132 10,783 112,953 (37,285) (30,206) 13 210,542 14 27,704 40,165 29,593 763,381 749,718 957,634 896,578 (194,253) (146,860) 763,381 749,718 115

16. 5,257,134 2,900,344 (b) (912) (39,872) 5,256,222 2,860,472 (253,105) (123,889) 5,003,117 2,736,583 (a) 159,900 84,741 23,509 19,370 22,330 11,122 47,366 8,656 253,105 123,889 5,003,117 2,736,583 5,256,222 2,860,472 116

16. (b) 39,872 6,984 6) (39,655) 32,495 695 393 912 39,872 63,072,000 39,074,000 117

16. (b) 85,682 47,276 42,996 21,018 48,214 27,645 14,949 8,320 19,917 8,715 41,347 10,915 253,105 123,889 118

17. 575 6,045 6,620 (553) (762) (1,315) 22 5,283 5,305 22 5,283 5,305 1,768 1,768 (26) (877) (903) 4 281 285 6,455 6,455 603 8,155 8,758 (603) (1,700) (2,303) 6,455 6,455 119

17. 555 3,521 4,076 (505) (278) (783) 50 3,243 3,293 50 3,243 3,293 2,397 2,397 (30) (472) (502) 2 115 117 22 5,283 5,305 575 6,045 6,620 (553) (762) (1,315) 22 5,283 5,305 120

18. 4,755,364 4,108,515 (a) 3,188,488 2,694,417 7,943,852 6,802,932 (a) 3,166,450 876,710 (a) (1,117,147) (336,451) 9,993,155 7,343,191 (a) (i) 60%31,000,000 240,749,000 1 3 (ii) 70%67,000,00082,716,000 1 3 121

18. (b) 417,969,071 100 300,000,000 100 70,000,000 100 40,000,000 100 50,000,000 100 85,000,000 100 8,000,000 100 30,000,000 100 30,000,000 100 20,000,000 100 40,000,000 100 55,500,000 100 27,600,000 100 122

18. (b) 30,000,000 100 20,000,000 100 28,000,000 100 76,000,000 100 130,000,000 100 85,630,000 100 100 50,000,000 83.80 10,000,000 92.71 100,000,000 100 100 400,000,000 50 127,178,541 80 80 56,000,000 100 20,000,000 60 123

18. (b) 26,360,000 100 55,302,635 80 5,000,000 100 53,090,000 50 91,380,000 50 343,630,000 60 60 205,630,000 60 680,000,000 70 1,200,000,000 70 4,835,000 100 100 100,000,000 100 10,000,000 100 98,000,000 60 124

18. (b) 47,000,000 60 5,800,000 60 280,000,000 60 50,236,000 80 89 BEWG (M) SDN BHD 50,000,000 100 100 41 125

19. 1,282,778 1,269 (a) 1,731,044 66,289 (b) 197,430 9,705 1,928,474 75,994 1,282,778 1,269 (c) 45,019 42,625 1,973,493 118,619 1,282,778 1,269 (d) 26 470,480 588 1,022 (d) 39 (160,721) (1,873) (1,269) 2,283,252 117,334 1,283,800 126

19. (a) 1,598,057 101,343 1,152,983 7,280 (256,400) (41,901) (763,596) (433) 1,731,044 66,289 155,514 17,745 173,259 8,915 2,732 (160,677) (1,908) 21,497 824 (699) 20,798 824 127

19. (b) 9,705 187,725 9,705 197,430 9,705 45% 80% 50% 721,000,00045% (c) 34,780,00042,938,000 100,000 776,000 ACSD ACL 50%5 2,390,000 2,879,0001,487,0001,707,000 (d) 128

19. (e) @ 1,000,000 50 50 50 @ 75,563,400 65 65 65 # 1,456,162,145 45 45 45 @ 10,000,000 80 80 80 # 500,000,000 70 70 70 @ 537,200,000 @ 100,000,000 50 50 50 60 60 60 @ 160,000,000 50 50 50 # @ 129

20. 100,000,000 30 30 30 19,995 17,203 (160) 37,038 130

21. 22. 3,566,473 350,000,000 800,000,000 450,000,000 300,000,000 809,697,000 999,626,000 150,000,000185,185,000 359,697,000444,070,000 131

23. 11,104 11,214 2,318 1,572 13,422 12,786 24. 1,687,150 2,364,393 1,687,150 2,364,393 (87,865) (759,109) 1,599,285 1,605,284 6,273 (6,340) 67 132

25. 3,958,371 4,124,522 19,696 19,696 (c) (19,972) (1,509) 3,938,399 4,123,013 19,696 19,696 (3,676,549) (4,002,108) (19,696) (19,696) 261,850 120,905 (a) 6.56% 6.65% 133

25. (a) 234,442 282,257 42,522 82,702 11,220 7,474 146,671 21,574 19,696 19,696 181,111 169,000 615,966 563,007 19,696 19,696 * 3,322,433 3,560,006 3,938,399 4,123,013 19,696 19,696 * (b) (1) 27,387,000 19,696,000 (2)ACSD 2,303,000: (c) 1,509 1,221 6 17,945 239 518 49 19,972 1,509 134

25. (c) 331,416 368,423 9,836 27,944 74,301 82,538 42,522 55,054 11,220 7,474 146,671 21,574 19,696 19,696 615,966 563,007 19,696 19,696 2,486,000,0003,069,136,000 1,251,268,0001,544,775,000 1,699,052,0001,998,885,000 135

26. 24,415 11,611 4,024 3,121 (a) 2,035,215 1,483,291 1,138 671,254 (b) 2,213,520 410,740 19(d) 470,480 588 1,022 27 1,387,489 873,806 1,096,638 624,768 6,131,119 2,780,036 1,102,822 1,299,143 (c) (5,531) (3,531) 6,125,588 2,776,505 1,102,822 1,299,143 (4,583,574) (1,367,995) (51,597) (251,072) 1,542,014 1,408,510 1,051,225 1,048,071 (a) (i) 202,000,000249,383,000 (ii) 60,000,000 74,074,000 136

26. (a) (iii) 40% 304,062,000375,385,000 50% 150,000,000185,185,000 141,617,000174,836,000 (iv) 300,000,000370,370,000 15% 1,200,000,0001,481,481,000 11,475,00013,825,000 (v) 200,000,000246,914,000 15% 18,951,00022,833,000 (vi) 61,525,000 75,956,000 61,525,00072,382,000 (b) 1,281,455,000 1,582,043,000 1,115,470,000 1,377,124,000 39(a)(iv) 137

26. (c) 3,531 3,188 6 1,808 223 192 120 5,531 3,531 27. 183,485,000226,525,000175,376,000 206,325,000 135,365,000 1,051,226,00060,159,000 468,253,000 4.77% 8,165,000 6,173,000 29,146,000 8,572,000 25(b) 26 39 138

28. 1,582,188 2,403,841 107,195 166,814 457,947 150,494 2,040,135 2,554,335 107,195 166,814 (a) (92,367) (592,507) 1,947,768 1,961,828 107,195 166,814 (a) (i) 54,421,00067,186,000114,411,000134,600,000 (ii) 18,986,00023,440,00022,500,00026,471,000 (iii) 1,410,0001,741,000366,823,000431,436,000 31(b)(iv) 139

28. (b) 97,570 193,043 77,289 166,738 1,232,662 1,970,390 29,831 653,043 390,902 75 76 56,860 2,040,135 2,554,335 107,195 166,814 (c) 29. 15,000,000,0000.10 1,500,000 1,500,000 6,909,170,4864,566,756,463 0.10 690,917 456,676 140

29. 3,482,196,992 348,219 1,817,378 2,165,597 (a) 1,084,559,471 108,457 715,053 823,510 4,566,756,463 456,676 2,532,431 2,989,107 (b) 2,283,378,231 228,338 3,157,024 3,385,362 (c) 59,035,792 5,903 120,079 125,982 6,909,170,486 690,917 5,809,534 6,500,451 (a) 748,346,0001,084,559,471 0.69 715,053,000 (b) 1.4852,283,378,231 3,385,362,000 3,157,024,000 141

29. (c) 11.03%195,360,00090,680,000 125,982,0002.134 59,035,792 30. (a) (i) (ii) (iii) 142

30. (b) 1,817,378 60,859 216,986 (147,362) 1,947,861 11 (55,209) (55,209) 29(a) 32 715,053 (216,986) 498,067 2,532,431 60,859 (202,571) 2,390,719 11 7,410 7,410 29(b) 3,157,024 3,157,024 29(c) 120,079 120,079 5,809,534 60,859 (195,161) 5,675,232 143

31. 2,386,829 2,316,606 3,853,423 6,015,701 3,791,694 5,956,876 6,240,252 8,332,307 3,791,694 5,956,876 194,262 195,335 6,434,514 8,527,642 3,791,694 5,956,876 1,004,505 5,252,147 389,477 4,386,298 1,511,376 686,918 1,191,385 385,099 3,085,495 1,853,834 2,210,832 1,185,479 638,876 539,408 6,240,252 8,332,307 3,791,694 5,956,876 65,104 44,053 17,606 16,957 48,868 53,787 62,684 80,538 194,262 195,335 6,434,514 8,527,642 3,791,694 5,956,876 (1,069,609) (5,296,200) (389,477) (4,386,298) 5,364,905 3,231,442 3,402,217 1,570,578 144

31. (a) 3,645,718 3,637,532 3,645,718 3,637,532 2,572,030 2,498,207 216,766 2,391,903 145,976 2,319,344 6,434,514 8,527,642 3,791,694 5,956,876 (b) (i) 16 (ii) (iii) (iv) 1,741,000 431,436,00028(a)(iii) (c) 13,580,0007,059,000 14,118,000 2.96% (d) 3,447,049,000 5,219,170,000 (i) 35% 40% (ii) 145

32. * * 589,304 238,696 0.69 0.69 * 2.4 555,059 193,287 748,346 (555,059) (193,287) (748,346) 146

32. 424,468 158,269 582,737 7 17,958 5,829 23,787 29(a) 30(b) (442,426) (164,098) (606,524) 174,288 42,698 216,986 29(a) 30(b) (174,288) (42,698) (216,986) Gainstar Limited 100% Gainstar Limited 88.43% 147

33. 2,325,633 (a) 1,450,000,000(1)1,000,000,000 3.75% (2)450,00,000 5% (b) 500,000,000(1)450,000,000 3.75% (2)50,000,000 5% (i) 35% (ii) (iii) (iv) 148

33. 34. 5,153 4,913 (240) 4,913 149

35. 37 123,374 91,792 6 33,207 24,895 7 3,711 2,725 7,004 3,962 167,296 123,374 36. 150

37. 28,874 31,806 (205,179) (138,688) (176,305) (106,882) 49,939 2,649 22,201 (148,460) 4,437 (69,234) 10 (1,247) 80 6,834 (38,053) (862) (33,248) 750 97 1,736 (7,038) 55 (4,400) 49,442 2,826 30,771 (193,551) 3,630 (106,882) 41 (27,487) (27,487) 10 (1,247) 9,229 (42,140) (34,158) 1,070 139 1,550 (10,599) 62 (7,778) 21,778 2,965 41,550 (246,290) 3,692 (176,305) 151

37. (a) 35,820,000 122,909,000 35,117,000 122,206,000 (b) 10% 5% 10% 745,251,000 383,985,000 38. 196,621 966,598 8,744 811,344 31,203 586,585 1,666,311 268,447 12,022 142,164 4,500 2,416 4,193 176 2,049,236 2,637,650 2,416 12,022 60 152

39. 118,952 98,087 20,632 12,718 (a) 3,257,359 405,126 40 33,817 31,003 161 19(d) 160,721 1,873 1,269 27 115,406 56,255 3,686,255 592,344 20,793 13,987 (3,406,346) (569,700) (20,793) (13,987) 279,909 22,644 (a) (i) 31,664,00039,091,00041,159,00048,422,000 15,000,000 14,839,000 (ii) 60,578,00074,788,000106,272,000125,026,000 (iii) 345,179,000426,147,00060,900,00071,647,000 153

39. (a) (iv) 26(b) 1,115,470,000 1,377,124,000 (v) 22150,000,000185,185,000 359,697,000444,070,000 (b) 40. 18,048 20,386 6,487 5,780 9,282 4,837 161 33,817 31,003 161 154

41. 403,623,000 (a) (b) 13 368 6,453 523,220 253 879,574 463 49,391 1,067,585 4 5,037 1,384 (7,353) (95,237) (337,629) (623,629) (206) (483) (12,346) (1,207,393) 37 (27,487) (24,989) 193,248 3,732 15 57,007 5 (2,824) 250,255 908 155

41. (a) (b) 250,255 908 250,255 908 1,298 (4,850)* * 69,092,000 (a) (b) (250,255) (908) 5,037 1,384 (245,218) 476 720,146,000 570,322,000 2,751,570,000 7,365,656,000 156

41. (a) (i) 30,980,00038,247,000 (ii) 113,890,000140,605,000 (iii) 26,800,00033,086,000 (iv) 31,037,00038,317,000 (b) 116,667 70%116,667 908,000 3 42. 227,286,000 29 32 157

43. 49,162,000120,403,000 330,000,000407,407,000445,000,000523,529,000 44. (a) 310.57 4,907 245 18,787 1,137 20,976 44,670 1,382 158

44. (b) 146 6,413 3,734 12,108 9,862 74,738 73,835 93,259 87,431 159

45. 44(b) 230,827 415,294 396,699 439,529 627,526 854,823 339,440 227,219 2,369,592 185,457 2,709,032 412,676 235,706 427,576 145,679 3,717,943 1,695,075 160

45. 707,596 502,969 1,210,565 46,692,000 149,260,000 46. (a) 900,000 ACSD25,866,00031,164,000 ACSD 19 25 26 27 29 31 32 39 42 161

46. (b) (c) 8,270 13,394 36 36 8,306 13,430 8 162

47. 163

47. % 88,664 88,664 0.50 1,580,368 1,580,368 0.47 1,056,029 1,528,982 328,501 291,986 2,513,876 701,560 6,420,934 3.88 3,703 3,703 1.49 457,947 457,947 1.67 1,729,586 596,047 2,325,633 4.07 588,978 588,978 0.36 2,402,703 2,402,703 0.34 5,289,141 703,875 1,440,771 241,652 225,198 605,828 8,506,465 2.75 3,529 3,529 1.36 150,494 150,494 1.36 14,118 14,118 2.96 100 51,333,00035,615,000 164

47. 100 5% 47,201 369,577 5% (47,201) (369,577) 5% 37,724 281,400 5% (37,724) (281,400) 165

47. 454,928,508,000 2.1 166

47. 1,221,512 1,684,090 450,111 401,583 2,578,897 661,012 6,997,205 6,173 65,290 22,766 25,847 17,737 17,910 64,549 220,272 94,662 94,662 1,791,818 29,802 610,948 2,621,892 2,049,236 2,049,236 2,977,450 255,756 24,153 3,257,359 115,406 115,406 121,579 6,408,150 2,057,274 2,291,929 449,122 3,207,755 725,561 15,261,370 1,827,710 3,596,545 792,230 1,496,174 274,635 252,270 556,184 8,795,748 52,267 23,900 26,694 25,421 17,398 82,626 228,306 2,637,650 2,637,650 382,482 22,644 405,126 4,913 4,913 56,255 56,255 1,883,965 6,673,857 838,774 1,522,868 300,056 269,668 638,810 12,127,998 167

47. 5,003,117 2,736,583 5,003,117 2,736,583 261,850 120,905 261,850 120,905 1,542,014 1,408,510 1,542,014 1,391,355 5,364,905 3,217,324 5,364,905 3,217,324 14,118 8,927 2,325,633 2,325,633 21 168

47. 6,798,799 6,558,755 9,710,881 5,067,954 70% 129% 48. 21 169

49. 26a(iii)40% (i) 950,000,0001,170,970,000 35% (ii) 5,809,534,000 (iii) 3 207,275,000 50. 44 51. 170

19,899 337,681 1,730,013 6,348,060 2,654,454 (2,620) 55,947 272,818 694,291 840,049 824 20,798 (811) 4,565 (2,620) 55,136 277,383 695,115 860,847 53 (12,234) (48,637) (130,950) (169,861) (2,567) 42,902 228,746 564,165 690,986 (2,567) 30,984 192,711 512,512 600,736 11,918 36,035 51,653 90,250 (2,567) 42,902 228,746 564,165 690,986 171

32,115 4,816,158 7,423,717 17,224,829 24,749,742 (679) (2,818,201) (4,411,901) (12,156,875) (15,038,861) 31,436 1,997,957 3,011,816 5,067,954 9,710,881 31,436 1,758,301 2,622,905 3,892,860 8,081,989 239,656 388,911 1,175,094 1,628,892 31,436 1,997,957 3,011,816 5,067,954 9,710,881 172