
23726 183171712-1716 ACGHKACG 181151501-8 www.tern.hk 277 1. 23726 163434 436 662(3)63 406(2)407(2)(3) 2. 178121217 179 3. 8 3. 90%90% 28.725.71.91.810% 4. 5. 6. 7. 16.5%16.5% 8. 1.21.5 0.30.5832,0001,386,000 9. 10,506,00014,528,000277,232,883 10. 2 1,026(3,703) 14. (iii)(i) (i)(iii) (i)3.92%6.28%5%13,746,0004,269,000(ii)(iii) 15. 1,204,0001,109,000 306,000306,000 16. (46)(331) 1135 18. 19. 20. 396,458,000547,812,00045,958,00047,312,000 i)441,000,000452,800,000ii)88,444,000142,502,000iii)37,315,00037,686,000 21. 22. 2.78%2.49% 23. • • 0.3 183171712-1716 11.8%28.725.7 4.70.44.88.53.7 0.25.7 46.139.3 10.5 1.615.317.224.113.79.4 3.795.24 195.3161.4241.3208.746.047.3 396.5547.8566.8633.0 12.912.3 7103 1920 1921 2,593.32,644.3 9.49.6 46.1 85.0%89.7%4.7%4.60.9 107.4105.81.6 105.838.8% 5% 181612.212.4 352XV (i) 1.56,348,53430,525,638Smartprint Development Limited25,822,896 Smartprint Development Limited 50%50%Beyers InvestmentsLimitedBeyers Investments LimitedSow Pin TrustSow Pin Trust25,822,896172,100,896 (i) 2.172,100,896172,100,896146,278,000Noranger Company Limited25,822,896Noranger CompanyLimitedBeyers Investments Limited50%50%Beyers Investments LimitedBeyers InvestmentsLimitedSow Pin TrustSow Pin TrustSow Pin Trust172,100,896 3.Sow Pin Trust22Sow Pin Trust172,100,896 4.Sow Pin Trust22Sow Pin Trust172,100,896 5.Sow Pin Trust22Sow Pin Trust172,100,896 (ii) Noranger Company LimitedBeyers Investments LimitedBeyers InvestmentsLimitedSow Pin TrustSow Pin Trust 336 1. 2.Sow Pin TrustCredit Suisse Trust LimitedBrock Nominees LimitedGlobal HeritageGroup LimitedBeyers Investments LimitedNoranger Company Limited 3.Sow Pin TrustCredit Suisse Trust LimitedBrock Nominees Limited4Sow Pin Trust 4.Sow Pin TrustCredit Suisse Trust Limited172,100,896146,278,000Noranger Company Limited25,822,896Noranger Company LimitedBeyers Investments Limited50%Beyers Investments Limited50%Beyers Investments LimitedSow Pin TrustSow Pin Trust 5.Smartprint Development Limited 6.Builtwin Ltd.Hon Nicholas 336 25% 14 C.2.1 10