REPORT OF THE DIRECTORS (CONTINUED)
SUBSTANTIAL SHAREHOLDERS AND OTHERS
As at 31 December 2016, the interests in ordinary shares of the Company of every person as recorded in the register required to be kept under Section 336 of the SFO were as follows:
Number of
shares
in which
interested
Approximate percentage of the total number
of issued shares
Substantial Shareholders
Henderson Land Development Company Limited (Note 1)
119,017,090
33.41%
Pataca Enterprises Limited (Note 1)
119,017,090
33.41%
Wiselin Investment Limited (Note 1)
48,817,090
13.70%
Henderson Development Limited (Note 2)
119,017,090
33.41%
Hopkins (Cayman) Limited (Note 3)
119,017,090
33.41%
Rimmer (Cayman) Limited (Note 3)
119,017,090
33.41%
Riddick (Cayman) Limited (Note 3)
119,017,090
33.41%
Mr. Li Ning (Note 4)
119,017,090
33.41%
Dr. Lee Shau Kee (Note 5)
119,816,310
33.63%
Persons other than Substantial Shareholders
Graf Investment Limited (Note 1)
Mount Sherpa Limited (Note 1)
Paillard Investment Limited (Note 1)
23,400,000
6.57%
23,400,000
6.57%
23,400,000
6.57%
Notes:
1.
2.
3.
4.
5.
These 119,017,090 shares included the 48,817,090 shares, 23,400,000 shares, 23,400,000 shares and 23,400,000 shares respectively beneficially owned by Wiselin Investment Limited, Graf Investment Limited, Mount Sherpa Limited and Paillard Investment Limited, all of which were subsidiaries of Pataca Enterprises Limited which in turn was a subsidiary of Henderson Land Development Company Limited ("HLD").
These 119,017,090 shares are duplicated in the interests described in Note 1. Henderson Development Limited ("HD") beneficially owned more than one-third of the total number of issued shares of HLD.
These 119,017,090 shares are duplicated in the interests described in Notes 1 and 2. Rimmer (Cayman) Limited and Riddick (Cayman) Limited as trustees of respective discretionary trusts held units in a unit trust (the "Unit Trust"). Hopkins (Cayman) Limited as trustee of the Unit Trust owned all the issued ordinary shares, which carry the voting rights in the share capital of HD.
By virtue of the SFO, Mr. Li Ning was taken to be interested in these 119,017,090 shares as Mr. Li's spouse was one of the discretionary beneficiaries of two discretionary trusts holding units in the Unit Trust. These 119,017,090 shares are duplicated in the interests described in Notes 1, 2 and 3.
Dr. Lee Shau Kee beneficially owned all the issued share capital of Rimmer (Cayman) Limited, Riddick (Cayman) Limited and Hopkins (Cayman) Limited. By virtue of the SFO, Dr. Lee Shau Kee was taken to be interested in 119,017,090 shares which are duplicated in the interests described in Notes 1, 2 and 3. Together with his personal shareholding of 799,220 shares, Dr. Lee Shau Kee was taken to be interested in 119,816,310 shares (approximately 33.63% of the total number of issued shares of the Company) as at 31 December 2016.
Save as disclosed, as at 31 December 2016, the Company has not been notified of any other relevant interests or short positions in the shares or underlying shares of the Company.
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Hong Kong Ferry (Holdings) Company Limited Annual Report 2016
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