- About CCBI
- Research Report
- Customer Trading
- Contact Us
CCB International has recently completed an important acquisition and private placement for Proactive Technology (8089), a listed company in Hong Kong in the capacity of its financial advisor and placing agent, with the initial placed shares worth of about HK$ 390 million. It is the first time that CCB International has completed such a project for a Hong Kong listed company in the said capacity, which indicates a new breakthrough in its business of investment banking. Hong Kong Proactive Technology is a company featuring value-added telecommunication and e-phone solutions. According to the company announcement, Dragon Billion Limited, a wholly owned subsidiary of Proactive Technology, has signed a purchase agreement with and wholly acquired Shellybeach Investment Limited, whose wholly owned subsidiary, on the other hand, will establish a joint venture corporation together with China Railway (Hong Kong）for "the purchase of cargo trains as well as the management and operation and railway transportation and related logistic projects in China". In line with the important acquisition project, Proactive Technology has placed its current shares and issued new ones. The placement has turned out to be dynamic and attracted a great number of subscribers including such large funds as Alliance Trust (UK), Indus Capital Advisors (US) and Grandhara Capital Advisors (US), resulting in excellent performance in the secondary market. That, among other things, has contributed positively to the establishment of CCB International's market brand and placement network as well as to the development of similar projects. According to this year's development strategy, CCB International will cooperate further with the Head Office and branches on the Mainland, so as to play an active role in providing follow-up restructuring consultancy, share allotment and new share issuance for listed companies overseas (including Hong Kong and other nations and regions overseas).
Aseana Properties Limited, a large Malaysian property development and investment company with CCB International as the financial advisor, has been successfully listed on the Main Board of the London Stock Exchange, thus initially raising a capital equivalent to around HKD 1.28 billion and becoming one of the first property development and investment companies listed in the UK pursuant to the London Stock Exchange Listing Rules, Chapter 14. It was the first time for CCB International to arrange for a non-Chinese enterprise to be listed, especially on the LSE Main Board, which indicates a new breakthrough in its overseas businesses. CCB International was appointed by Aseana Properties Limited in 2006 as its financial advisor for listing in the LSE. It was expected to provide the company with a listed structure scheme as well as to offer professional suggestions in the process of pre-IPO, approval and road show. Aseana Properties Limited is a property development and investment company, with related projects mainly in Malaysia and Vietnam. Aseana Properties Limited was listed on the LSE Main Board on April 5, at the price of US$1.00 per share. The closing price reached US$1.04 on the first day, with the total closing value equivalent to around HK$2.05 billion. After three years of development, CCB International (including CCB International (Holdings) Limited and its four subsidiaries of CCB International Capital Limited, CCB International Asset Management Limited, CCB International Securities Limited and CCB International Finance Limited) is now enjoying a promising perspective, with its businesses covering such major domains as enterprise listing (Pre-IPO, IPO and Post-IPO), direct investment, assets management, securities brokerage, mergers and acquisitions, financial consultancy, etc. Its clientele stretches across various regions of Asia, the US, Europe and the Middle East, with the preliminary establishment of its market image, especially its red chip products. It has witness continuous and increasing profitability since its establishment three years ago, with a capital return rate of 146% in 2006.According to this year's development planning, CCB International will cooperate more closely with Mainland organizations to further facilitate the effective coordination between investment and commercial banks, capital and money markets, and domestic and overseas environments, thus providing diversified and comprehensive services for more enterprises and governmental departments.
CCB International has successfully completed the placement of CPIC (China Pacific Insurance) equities possessed by a domestic client as its financial advisor, with a total value of RMB 450 million. As one of the important products by investment banks, equity placement includes the placement of old shares placement and the additional placement of new shares. After learning about the equities to be transferred by the said domestic client, CCB International set out to find a qualified assignee by resorting to CCB's superiority in clientele resources, contacting a number of interested buyers for negotiations via the bank's network of Head Office and branches, and eventually finished the placement within only a month. CCB's strong network of over 60,000 active credit clients, together with CCB International's professional background as an investment bank, provides an ideal platform for the further development of equity placement businesses for domestic clients. For the coordination of investment banking businesses between domestic and overseas institutions, target businesses from the further development of equity placement will include the equity transfer and new share placement of listed companies, the equity placement of companies to be listed (both on the Mainland and in Hong Kong), as well as the equity transfer and placement of non-listed companies.
CCB International has recently invested in Asia Zirconium, the biggest zirconium manufacturer in China by means of international placement, and has become a major shareholder of the company with 10.37% of its shares offered. As a listed company on the Main Board of the Hong Kong Stock Exchange, Asia Zirconium is mainly engaged in the manufacturing and sales of zirconium-related products, such as new energy materials, electronic ceramics and rechargeable batteries. Products of the company have been exported to Japan, the United States and Europe for 28 years, 16 years and 17 years, respectively. And it was recognized by China Non-ferrous Metal Association as the nation's biggest exporter of zirconium products in 2001.Studies have indicated that China is already the world's major manufacturer of zirconium oxychloride, a basic material in the nuclear energy industry. Therefore, local manufacturers of zirconium are expected to benefit from the business opportunities thanks to the promotion of nuclear energy by China and the US, as well as to the estimated increase in the global demand for zirconium products. It is reported that the said investment has been realized via CCB International's Post-IPO fund (which enables investment in a listed company mainly by means of placement and direct buy-in).CCB International is currently managing seven funds, including hedge fund, Pre-IPO fund, buyout fund, Post-IPO fund, etc. The series of funds are mainly invested in the Mainland and other new markets, covering multiple industries such as energy, new materials, consumption and resources, with more flexible investment cycles ranging from one month to five years. According to the plan, CCB International will cooperate more closely with related organizations on the Mainland in order to further enhance the dynamics of investment there.
Head Office Address: 12/F, CCB Tower, 3 Connaught Road Central, Central, Hong Kong
Telephone: 852-3911 8000 Fax: 852-2530 1496
Copyright © CCB International (Holdings) Ltd. All Rights Reserved. Terms And Conditions