CHINA » Topics » General

This excerpt taken from the CHINA 20-F filed Jun 30, 2009.

General

There are no exchange control restrictions on payments of dividends on our Class A common shares or on the conduct of our operations in Hong Kong, where our principal executive offices are located, or the Cayman Islands, where CDC is incorporated. In addition, both Hong Kong and the Cayman Islands are not party to any double tax treaties and no exchange control regulations or currency restrictions exist in these countries.

We are a Cayman Islands company and our affairs are governed by, among other things, the Companies Law of the Cayman Islands. The following is a summary of material differences between the Companies Law and general corporate law in the United States insofar as they relate to the material terms of our Class A common shares.

This excerpt taken from the CHINA 6-K filed Oct 10, 2008.

General

The Company’s shareholders are being asked to ratify the selection of Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2008, and to delegate the setting of Deloitte’s remuneration to the Audit Committee of the Board. In the event the Company’s shareholders do not ratify the appointment of Deloitte, the Audit Committee will reconsider its selection. Even if the selection is ratified, the Audit Committee, in its discretion, may direct the appointment of a different independent registered public accounting firm at any time during the year if the Audit Committee determines that such a change would be in the Company’s and its shareholders’ best interests.

This excerpt taken from the CHINA 20-F filed Jun 30, 2008.

General

There are no exchange control restrictions on payments of dividends on our Class A common shares or on the conduct of our operations in Hong Kong, where our principal executive offices are located, or the Cayman Islands, where CDC is incorporated. In addition, both Hong Kong and the Cayman Islands are not party to any double tax treaties and no exchange control regulations or currency restrictions exist in these countries.

We are a Cayman Islands company and our affairs are governed by, among other things, the Companies Law of the Cayman Islands. The following is a summary of material differences between the Companies Law and general corporate law in the United States insofar as they relate to the material terms of our Class A common shares.

 

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Index to Financial Statements
This excerpt taken from the CHINA 6-K filed Oct 10, 2007.

General

The Company’s shareholders are being asked to approve an amendment to the Company’s 2005 Stock Incentive Plan (the “2005 Plan”) to increase the maximum aggregate number of Common Shares available for award thereunder by an additional 10,000,000, and to reserve an additional 10,000,000 Common Shares for issuance in connection with such increase.

Purpose. The purpose of the 2005 Plan is to make available incentives, including alternatives to stock options that will assist the Company to attract and retain key employees and to encourage them to increase their efforts to promote the business of the Company and its subsidiaries. These incentives include stock options, stock appreciation rights, restricted stock awards, restricted unit awards, performance shares and performance cash.

The proposed amendment is intended to help assure that the Company remains competitive in its ability to provide sufficient equity incentives to attract and retain the services of highly-qualified and experienced Directors, employees and consultants. The proposed amendment has been approved by the Compensation Committee of the Board, subject to shareholder approval at the General Meeting.

Shares Subject to 1999 Plan and 2005 Plan. Subject to adjustments under certain conditions, the maximum aggregate number of Common Shares which may be issued pursuant to all awards under the Company’s previous equity incentive plan (the 1999 Stock Option Plan (the “1999 Plan”)), and the 2005 Plan is 20,000,000.

As of August 31, 2007, an aggregate of 20,221,667 Common Shares underlying equity incentives have been granted under the 1999 Plan and 2005 Plan which have not been cancelled. Because not all equity incentives have been exercised as of such date, however, less than 20,000,000 Common Shares have been issued. Should the proposed amendment be approved by the Company’s shareholders, the 2005 Plan shall be amended such that an additional 10,000,000 shares will be available for future award under the 2005 Plan.

Appropriate adjustments will be made in the number of authorized shares and in outstanding awards to prevent dilution or enlargement of grantees’ rights in the event of a stock split or other change our capital structure. Shares as to which an award is granted under the 2005 Plan that remain unexercised at their expiration, are forfeited or are otherwise terminated may be the subject of the grant of further awards under the 2005 Plan. Shares covered by an award granted under the 2005 Plan shall not be counted as used unless and until they are actually issued and delivered to the grantee. The Shares available will not be reduced by awards settled in cash.

This excerpt taken from the CHINA 20-F filed Jul 2, 2007.

General

There are no exchange control restrictions on payments of dividends on our Class A common shares or on the conduct of our operations in Hong Kong, where our principal executive offices are located, or the

 

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Cayman Islands, where CDC is incorporated. In addition, both Hong Kong and the Cayman Islands are not party to any double tax treaties and no exchange control regulations or currency restrictions exist in these countries.

We are a Cayman Islands company and our affairs are governed by, among other things, the Companies Law of the Cayman Islands. The following is a summary of material differences between the Companies Law and general corporate law in the United States insofar as they relate to the material terms of our Class A common shares.

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