Wer ist Simon Steinle?? - 500 Beiträge pro Seite

[Wunram]

Hallo Gemeinde,

habe über Consors ein Barabfindungsangebot für meine Pan Sino Stücke bekommen.

Wir informierten Sie bereits über das freiwillige Barabfindungsangebot der Arminius Beteiligungs GmbH. Die Arminius Beteiligungs GmbH bietet Ihnen als Aktionär der o. g. Gesellschaft ein Übernahme-/Abfindungsangebot für Ihre Aktien an. Bei Annahme des Angebotes erhalten Sie Ihrer Aktien folgende Konditionen:

Frist: bis 28.12.2007
Abfindungsbetrag: 0,011 EUR


Nach ein bisschen suchen, wer denn die Arminius Beteiligungs GmbH ist, bin ich über den Standort Dorfstraße 3, 89604 Allmendingen auf Simon Steinle gestossen.

Wer kann mir weitere Informationen zu dieser Person geben??

Gruss Wunram

[Wunram]

Antwort auf Beitrag Nr.: 32.797.633 von Wunram am 17.12.07 23:30:14

keiner

für Livedoor Holdings Co. Ltd. (ISIN JP3202800003) gab es auch ein freiwilliges öffentliches Kaufangebot.

http://www.abwicklungsstelle.de/

Wunram

[Wunram]

Antwort auf Beitrag Nr.: 32.799.254 von Wunram am 18.12.07 09:47:56

come on, heute 126 Klicks und keine Info

[bob666]

Hab auch das Angebot bekommen.Wie siehts damit aus ?? Verkauft jemand ?? Ich denke wenn die schon in größeren stückzahlen kaufen wollen sollte man haltern , oder??

[stopploss07]

Antwort auf Beitrag Nr.: 32.827.627 von bob666 am 20.12.07 16:02:34

Hi,
Wollen die nicht nur 2 von 960 Mio Stk. kaufen? Was soll das? Riecht nach schnellem Zock! Ich bleib mal dabei, gibt ja sowieso nicht mehr viel zu verlieren, oder?

[rohrberg]

– –
PAN SINO INTERNATIONAL HOLDING LIMITED
環新國際有限公司*
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 502)
INTERIM RESULTS
For the six months ended 30th June, 2007 (Unaudited)
HIGHLIGHTS
• Turnover for the six months ended 30th June, 2007 amounted to approximately HK$29 .05
million, an increase of approximately 6.53% over the turnover for the corresponding period
in 2006.
• Sales volume for the six months ended 30th June, 2007 increased by approximately 3.37% to
25,249 tonnes compared with the corresponding period in 2006.
• Profit from operations for the six months ended 30th June, 2007 decreased by 47. 6%
compared with the corresponding period in 2006 to approximately HK$34.92 million.
• Basic earnings per share for the six months ended 30th June, 2007 was approximately
HK2.42 cents.
• The Directors do not recommend payment of any interim dividend for the six months
ended 30th June, 2007.
• Profit attributable to shareholders for the six months ended 30th June, 2007 was
approximately HK$23.22 million representing a decrease of approximately 50.87%
compared with the corresponding period 2006.
• At the request of the Company, trading in the shares of the Company was suspended from
9:30 a.m. on 30 April, 2007 and will continue to be suspended until further notice.The board of directors (the “Board”) is pleased to announce the unaudited consolidated results of
the Group for the six months and three months ended 30th June, 2007 together with comparative
unaudited figures for the corresponding periods in 2006 as follows:
– 2 –
CONSOLIDATED INCOME STATEMENT
(Unaudited) (Unaudited)
Three months ended Six months ended
30th June 30th June
2007 2006 2007 2006
Notes HK$’000 HK$’000 HK$’000 HK$’000
Turnover 2 138,794 62,345 291,047 273,200
Cost of sales (110,570) ( 24, 49) (243,863) (2 ,0 4)
Gross profit 28,224 38, 96 47,184 62, 86
Interest income 4,823 7,692 7,048 5,02
Selling and distribution expenses (1,495) ( , 59) (2,769) ( ,984)
General and administration expenses (1,580) (3,774) (14,775) (5, )
Net exchange gain/loss (450) ,508 (1,768) (4,026)
Profit before taxation 3 29,522 42,463 34,920 66,086
Taxation 4 (8,857) ( ,272) (10,476) ( 6,262)
Profit after taxation 20,665 3 , 9 24,444 49,824
Minority interest (1,033) ( ,657) (1,222) (2,56 )
Profit attributable to shareholders 5 19,632 29,534 23,222 47,263
Earnings per share
Basic (HK cents) 6a 2.05 3.08 2.42 4.92
Diluted (HK cents) 6b 1.93 3.46 2.31 4.66
– 3 –
CONSOLIDATED BALANCE SHEET
(Unaudited) (Audited)
As at
30th June
As at
3 st December
2007 2006
HK$’000 HK$’000
ASSET
Non-current Assets
Fixed assets 75 75
Construction in progress 175,929 49,0 8
Deferred tax assets 282 28
Claim for income tax refund 3,334 —
Deposit guaranteed 150 —
Others 649 —
180,419 49,374
Current Assets
Inventories 5,370 8,334
Trade debtors 7 54,024 89,066
Goods and services tax received 2,955 —
Advances to suppliers 20,999 8,0 5
Deposits, prepayment and other receivable 21,754 3,896
Time deposit 319,160 3 ,958
Cash and bank balances 89,369 45,304
513,631 476,573
Deduct:
Current liabilities
Taxes payable 16,383 5,259
Accrued expenses 28,668 9,230
Others current liabilities 10,803 —
55,854 4,489
NET CURRENT ASSETS 457,777 462,084
TOTAL ASSETS LESS CURRENT LIABILITIES 638,196 6 ,458
Non-current liability
Provision for post employment benefit 940 938
Net Assets 637,256 6 0,520
Representing:
Share capital 9,600 9,600
Reserve 602,711 600,920
612,311 6 0,520
Minority Interest 24,945 —
Shareholders’ Funds 637,256 6 0,520
– 4 –
UNAUDITED CONSOLIDATED CASH FLOW STATEMENT
For the six months ended 30th June, 2007
(Unaudited) (Unaudited)
For the six months ended 30th June,
2007 2006
HK$’000 HK$’000
Cash flow from operating activities
Profit before taxation 34,919.65 66,086.00
Interest income (7,048.13) ( 5,02 .00)
Operating profit before working capital changes 27,871.52 5 ,065.00
Decrease/(Increase) in inventories 11,690.00 (8,8 6.00)
(Increase)/Decrease in trade debtors (1,828.00) 24,346.00
(Increase) in GST received (2,955.00) —
Decrease/(Increase) in advances to supplier 12,108.00 ( 5,8 0.00)
(Increase) in deposits, prepayments and others receivable (17,403.00) (2,85 .00)
Increase in tax payable 16,377.47 —
Increase/(Decrease) in accrued expenses 38,337.00 (648.00)
Increase in others current liabilities 803.00 —
Increase in non current liabilities 341.00 —
Cash from operations 85,341.99 47,286.00
Interest received 7,048.13 5,02 .00
Tax paid (10,475.90) (35, 45.00)
Net cash from operating activities 81,914.22 27, 62.00
Cash flow from investing activities
Addition of assets (176,003.00) —
Net cash from investing activities (176,003.00) —
Cash flow from financing activities
Capital expenditure 102,957.33 —
(Increase) Deferred tax assets (102.40) —
(Increase) Claim for income tax refund (3,334.00) —
(Increase) Deposit guaranteed (150.00) —
(Increase) Others non current assets (649.40) —
Net cash from financing activities 98,721.53 —
Net increase ( decrease ) in cash and cash equivalents 4,632.75 27, 62.00
Cash and cash equivalents at beginning of the year 422,994.00 372,966.00
Effect of foreign exchange rate changes (19,097.75) 22,866.00
Cash and cash equivalents at end of the year 408,529.00 422,994.00
Analysis of the Balances of cash and cash equivalents
Time deposit 319,160.00 405,022.00
Cash and bank balances 89,369.00 7,972.00
408,529.00 422,994.00
– 5 –
NOTES TO THE FINANCIAL STATEMENTS
1. BASIS OF PRESENTATION AND ACCOUNTING POLICIES
These financial statements have been prepared in accordance with accounting principles generally accepted
in Hong Kong and comply with accounting standards issued by the Hong Kong Institute of Certified Public
Accountants and are prepared under the historical cost convention.
2. TURNOVER
The Group is principally engaged in the trading of cocoa beans. Turnover represents the invoiced value of
goods sold during the year.
Turnover for the six months ended 30th June, 2007, amounted to approximately HK$29 .05 million, increased
by approximately 6% compared to the corresponding period in 2006.
3. PROFIT BEFORE TAXATION
(Unaudited) (Unaudited)
Six months ended 30th June,
2007 2006
HK$’000 HK$’000
Profit before taxation is arrived at after charging:
Cost of inventories sold 243,863 2 ,0 4
Directors’ remuneration 433 329
Other staff costs 645 964
Minimum lease payments in respect of land and buildings 1,670 263
4. TAXATION
Taxation in the consolidated income statement represents:
(Unaudited) (Unaudited)
Six months ended 30th June,
2007 2006
HK$’000 HK$’000
Income tax expenses
Indonesia:
Current tax 10,476 6,262
Deferred tax — —
10,476 6,262
– 6 –
During the six months ended 30th June, 2007 all of the Group’s profits were derived from P.T. Nataki Bamasa
(“Nataki”) incorporated and operated in the Republic of Indonesia. No provision for Hong Kong profits tax
has been made in these financial statements as the Group has no assessable profits for the period. Provision for
Indonesian corporate income tax for the current period is based on the following progressive tax rates:
Taxable income rate
IDR %
On the first 50,000,000 0
On the next 50,000,000 5
Over 00,000,000 30
The tax charge for the six months ended 30th June, 2007 can be reconciled to the profit per the income
statement as follows:
(Unaudited) (Unaudited)
Six months ended 30th June,
2007 2006
HK$’000 HK$’000
Profit before taxation 34,920 66,086
Taxation at the Indonesian progressive income tax rate 10,476 20,232
Tax effect of expenses that are not deductible in
determining taxable profit — —
Tax effect of income that are not deductible in
determining taxable profit — (3,970)
Tax effect of cumulative fiscal loss — —
Income tax expense
— Current tax 10,476 6,262
— Deferred tax — —
10,476 6,262
5. PROFIT ATTRIBUTABLE TO SHAREHOLDERS
Profit attributable to shareholders for the six months ended 30th June, 2007 is approximately HK$23,222,000
(30th June, 2006: HK$47,263,000).
6. EARNINGS PER SHARE
(a) The calculation of the basic earnings per share is based on the Group’s profit attributable to shareholders
for the six months ended 30th June, 2007 of HK$23,222,000 (30th June, 2006: HK$47,263,000) and
960,000,000 (30th June, 2006: 960,000,000) shares in issue during the period.
(b) The calculation of the diluted earnings per share is based on the Group’s profit attributable
to shareholders for the six months ended 30th June, 2007 of HK$23,222,000 (30th June, 2006:
HK$47,263,000) and ,005,774,763 (30th June, 2006: ,0 4,564, 03) shares in issue during the period.
– 7 –
7. TRADE DEBTORS
The Group generally allows credit period ranging from 30 to 60 days to its trade customers.
(Unaudited)
As at 30th June,
(Audited)
3 st December,
2007 2006
HK$’000 HK$’000
Trade debtors 54,024 89,066
The aging analysis of the trade debtors were as follows:
(Unaudited)
As at 30th June,
(Audited)
3 st December,
2007 2006
HK$’000 HK$’000
0–30 days 54,024 89,066
3 –60 days — —
54,024 89,066
INTERIM DIVIDENDS
The Board does not recommend the payment of any dividend for the six months ended 30th June,
2007 (30th June, 2006 — Nil).
MANAGEMENT DISCUSSION AND ANALySIS
Business Review
For the six months ended 30th June, 2007 the Group increased its sales by approximately 824
tonnes and is continuing its effort to expand its market-share.
The crop seasons for cocoa beans in Indonesia are (i) March to July, and (ii) September to
December. The latter bearing better harvest. For the year of 2007, the harvest was slightly later
due to heavy rain falls and flooding in certain areas. The trend in turnover during the second
quarters of 2007 and 2006 was therefore higher. The Company’s sales volume has increased from
24,425 tonnes for the six months ended 30th June, 2006 to 25,249 tonnes for the six months ended
30th June, 2007, representing an increase of approximately 3.37%.
Relationship with Customers
The Group’s primary business is the sourcing and sale of cocoa beans to its overseas customers.
These activities are supported by the well integrated teams within our organisation.
The Group is committed to maintaining good and stable relationships with its existing overseas
customers as they are established cocoa product suppliers in Europe who also source cocoa beans
from all over the world.
– 8 –
Business Plan
The Company’s prospectus set out details of the Group’s business plans and proposed time
periods for their implementation some of which the Group has had to reconsider due to
economical and political situations and conditions in Indonesia. The revisions enabled the
Company to remain viable.
It has been part of the Company’s business plan for some time to establish its own cocoa
processing facility; the intention to do so was stated in the Company’s prospectus on its listing
on GEM in 2003. Initially, the Company intended to establish a cocoa processing facility in
Indonesia. During the course of 2006 it was decided that Singapore would be a better location
to establish such a production facility. Construction of the Company’s cocoa processing facility
and warehouse has commenced with the foundations having been laid and above ground
construction commenced. Construction work has temporarily halted as the main contractor
sought to renegotiate the pricing of the project to take into account among other things, increased
construction materials costs in Singapore. The Company is close to agreeing revised terms with
the main contractor and is confident that work on the construction of the Company’s cocoa
processing plant and warehouse will resume early in 2008. Once completed and operational
our cocoa processing facility in Singapore will mark a new milestone in the expansion of the
Company into the cocoa business by enabling us to supply semi-processed cocoa ingredients to
our customers which will supplement our cocoa beans trading business. This is an integral part
of our overall strategy to further diversify our revenue base towards opportunities in the cocoa
industry.
Relationship with Farmers
Sustainable cocoa agriculture is a collaborative effort among all those involved in cocoa farming,
production and marketing. It is essential to conserve the tropical forest environment and to help
small-scale farmers to develop farming techniques that will allow them to earn a rewarding living,
thereby ensuring an adequate supply of consistent quality cocoa beans.
The Group distinguishes itself from other cocoa beans trading companies in the provision
of (i) assistance to farmers on an informal basis in improving the yield and quality of their
cocoa beans harvests through education and training sessions on topics such as improvements
in farming, harvesting and after-harvesting work methods including fermentation and drying
techniques; (ii) general information on the cocoa market, such as customers’ forecast demand for
cocoa beans and feedback on the quality of the cocoa beans supplied; and (iii) a 50% advance
payment for the purchase of cocoa beans.
– 9 –
Future Prospects
The business and revenue of the Group is in line with the crop season of the cocoa beans in
Indonesia where better growth is usually reported in the second quarter of each year. In this year,
harvest was slightly later due to heavy rainfall which caused the Group’s turnover for the second
quarter in 2007 to be approximately HK$ 38,794,000 which was approximately 8.8% lower than
the Group’s turnover for the first quarter of 2007 of approximately HK$ 52,253,000.
There are basically three generic issues that arise in the context of primary commodities:
— the world market volatility,
— the up trend in commodity prices, and
— the relatively small share of primary producers in the chain of value added as a
commodity moves and gets processed from the source of the raw product to the final
consumer
Such issues arise out of the way primary commodity markets are structured, function, and behave.
At the core, lies the struggle to bring world supplies and demand into balance in the short as well
as long-term.
Indonesia is currently the third largest producer of cocoa beans in the world and according to
INCA, aims to be the largest producer by 20 0.
Retirement Benefit Scheme
The Indonesian subsidiary of the Company, Nataki, is required to contribute to the Indonesia
Government’s statutory insurance and retirement fund (“Jamsostek Fund”) 6.24% of the basic
salary of its employees. Thereafter Nataki will have no further obligations for the actual pension
payments or post-retirement benefits beyond the monthly contributions. The Jamsostek Fund
is responsible for insurance claims relating to employee accidents during work and to the entire
pension obligations of the retired employees.
In addition, the Manpower Law of the Republic of Indonesia No. 3 year 2003 stipulates that
Nataki has an obligation to pay a certain amount as compensation to an employee if termination
is effected. In connection with this matter the Group has made provisions in respect of such
obligation.
Related Party Transactions
The Group did not enter into any material related party transactions during the period.
Commitments
As at 30th June, 2007, the Company had material commitments to the value of approximately
HK$400 million in terms of building a cocoa processing plant in Singapore.
Contingent Liabilities
As at 30th June, 2007 the Group had no material contingent liabilities to be disclosed.
– 0 –
Capital Structure of the Group in Debt Securities
During the period ended 30th June, 2007, the Group had no debt securities in issue (no debt
securities were in issue during the corresponding period ended 30th June, 2006).
Significant Investment
As at 30th June, 2007 the Group had significant investments held in term of progress payment for
construction work and down payment for machinery to the value of HK$ 66,828,000.
Charges on Group’s Assets
As at 30th June, 2007 the Group did not have any charges over any of its assets.
Liquidity and Financial Resources
The Group’s liquidity position improved during the first and second quarters of 2007. In the
current period, the Group financed its operations and investment activities with internally
generated cash flows.
As at 30th June, 2007, the Group had total cash and bank deposits of HK$408,529,000. The
Group did not have any bank loans.
Gearing Ratio
The gearing ratio was 9.28% as at 30th June, 2007 (30th June, 2006: 0. 8%), representing total
liabilities of HK$56.8 million (30th June, 2006: HK$0.9 million) divided by total equity of
HK$6 2.3 million (30th June, 2006: HK$509.4 million).
Material Acquisition and Disposals of Subsidiaries and Affiliated Companies
There were no significant investments nor material acquisition and disposal of subsidiaries and
affiliated companies of the Company for the six months ended 30th June, 2007.
Employee Information
As at 30th June, 2007, the Group had 78 (30th June, 2006: 7 ) full-time employees.
Exposure to Exchange Rate Fluctuations
During the period ended 30th June, 2007 the Group experienced only immaterial exchange rates
fluctuations as most of the Group’s monetary assets and liabilities were denominated and most of
the business were conducted in US Dollars and IDR which were relatively stable during the period
under review. The Group considered that as the exchange rate risks of the Group is considered to
be minimal, the Group did not employ any financial instruments for hedging purposes.
– –
MODEL CODE FOR SECURITIES TRANSACTIONS By DIRECTORS
The Company has adopted the Model Code for Securities Transactions by Directors of Listed
Issuers contained in Appendix 0 of the Listing Rules (the “Model Code”) as its code of conduct
regarding directors’ securities transactions. Having made specific enquiry of the Company’s
directors save and except Mr. Harmiono Judianto, the directors have confirmed that they have
complied with the required standard set out in the Model Code throughout the accounting period
covered by the interim report.
COMPLIANCE WITH WRITTEN GUIDELINES FOR SECURITIES TRANSACTIONS By
THE RELEVANT EMPLOyEES
The Company has established written guidelines for the relevant employees of the Company (the
“Relevant Employees”) in respect of their dealings in the securities of the Company (the “Written
Guidelines”) on terms no less exacting than the required standard set out in the Model Code.
For this purpose, “Relevant Employee” includes any employee of the Company or a director or
employee of a subsidiary or holding company of the Company who, because of such office or
employment, is likely to be in possession of unpublished price sensitive information in relation to
the Company or its securities. No incident of noncompliance of the Written Guidelines was noted
by the Company throughout the accounting period covered by the interim report.
COMPLIANCE WITH THE CODE OF CORPORATE GOVERNANCE PRACTICES
The Company is committed to maintaining a good standard of corporate governance with a view
to enhancing the management efficiency of the Company as well as preserving the interests of the
shareholders as a whole. The Board is of the view that the Company has met the code provisions
(the “Code Provisions”) set out in the Code on Corporate Governance Practices contained in
Appendix 4 of the Listing Rules throughout the six months ended 30th June, 2007, except for the
following deviations:
(a) Code Provision A.1.1
Code Provision A. . stipulates that the board should meet regularly and board meetings
should be held at least four times a year at approximately quarterly intervals.
Due to the delay in the publication of the annual report of the Company for the year ended
3 st December, 2006, the Company has not held the board meetings in quarterly intervals.
(b) Code Provision A.1.3
Code Provision A. .3 stipulates that at least 4 days notice should be given for regular Board
meetings. For all other Board meetings, reasonable notice should be given.
The Company agrees that sufficient time should be given to the Directors in order to make
a proper decision. Accordingly, the Company adopts a more flexible approach (and yet
sufficient time has been given) in convening board meetings to ensure efficient and prompt
management decisions could be made.
– 2 –
(c) Code Provision A.2.1
Code Provision A.2. stipulates that the roles of Chairman and Chief Executive Officer
should be separate and should not be performed by the same individual.
The former Chairman of the Board is Mr. Harmiono Judianto, who had provided leadership
for the Board and used to be responsible for chairing the meetings and managing the
operations of the Board and ensuring that all major and appropriate issues are discussed by
the Board in a timely and constructive manner until 7th May, 2006. However, Mr. Harmiono
Judianto had not been attending to the Company matters since then and the Board’s recent
attempts to contact him have been to no avail. As disclosed in the Company’s announcement
dated 7th December, 2007, Mr. Harmiono Judianto was removed by the Board with effect
from 7th December, 2007.
Accordingly, the responsibility of the Chairman was taken up by Mr. Rudi Zulfian, the Chief
Executive Officer of the Company, on an ad-hoc basis. Mr Rudi Zulfian is responsible for
running the Company’s businesses and implementing the Group’s strategic plans and business
goals.
SHARE OPTIONS
On 20th November, 2003, the Company adopted two share option schemes, namely, the Pre-IPO
Share Option Scheme and the Old Share Option Scheme. No share options have been granted by
the Company under the Old Share Option Scheme.
Pursuant to an ordinary resolution passed at the extraordinary general meeting of the Company
held on 7th February, 2006, the Company adopted a New Share Option Scheme and terminated
the Old Share Option Scheme due to the withdrawal of the listing of the shares of the Company
on GEM and commencement of dealings of the shares of the Company on the Main Board of
the Stock Exchange. The adoption of the New Share Option Scheme and the termination of
the Old Share Option Scheme took effect from st March, 2006 (listing date of the shares of the
Company on the Main Board of the Stock Exchange).
(A) New Share Option Scheme
As at 30th June, 2007, no option under the New Share Option Scheme has been granted or
agree to be granted.
(B) Pre-IPO Share Option Scheme
As at 30th June, 2007, options to subscribe for 40,000,000 shares in aggregate representing
4. 7% of the issued share capital of the Company have been granted.
– 3 –
The movement of share options granted under the Pre-IPO Share Option Scheme during the
six months ended 30th June, 2007 is as follows:
Grantees Vesting period Exercisable period Exercise price Date of grant
Number of
share options
outstanding
as at
1st January,
2007
Number of
share options
exercised/
lapsed/
cancelled
during the
period
Number of
share options
outstanding
as at
30th June,
2007
Director
Mr. Rudi
Zulfian
Fully vested on
2nd December,
2004
2nd December,
2004 to
9th November,
20 3
HK$0.0 20th November,
2003
6,000,000 — 6,000,000
Employees in
aggregate
Fully vested on
2nd December,
2004
2nd December,
2004 to
9th November,
20 3
HK$0.0 20th November,
2003
24,000,000 — 24,000,000
40,000,000 — 40,000,000
DIRECTORS’ AND CHIEF EXECUTIVES’ INTERESTS AND SHORT POSITIONS IN
SHARES, UNDERLyING SHARES AND DEBENTURES
As at 30th June, 2007, the interests and short positions of the directors of the Company in the
shares and underlying shares of the Company or its associated corporations (within the meaning
of Part XV of the Securities and Futures Ordinance (the “SFO”)), as recorded in the register
required to be kept by the Company pursuant to Section 352 of the SFO, or as otherwise notified
to the Company and the Stock Exchange pursuant to the Model Code, were as follows:
Long position in shares of the Company
Name of director Capacity Number of shares
Percentage of
the Company’s
issued
share capital
Mr. Harmiono Judianto Interests in corporation 279,74 ,000 (Note) 29. 3%
Note: These shares were owned by Silk Route International Limited, a company which was 00% controlled by
Mr. Harmiono Judianto. Mr. Harmiono Judianto was removed as a director of the Company with effect
from 7th December, 2007.
– 4 –
Long position in underlying shares of the Company (under physically settled equity derivatives)
Name of director Capacity
Number of
underlying shares in
respect of the share
options granted
Percentage of the
underlying shares
over
the issued share
capital of the
Company
Mr. Rudi Zulfian Beneficial owner 6,000,000 .67%
Note: The share options were granted under the Pre-IPO Share Option Scheme. Such share options were unlisted
and physically settled equity derivatives. Details of such share options have been disclosed in the above
section headed “Share Options”.
Save as disclosed above and under the paragraph headed “Share Options”, as at 30th June, 2007,
none of the directors or chief executives of the Company had any interest or short position in
the shares, underlying shares or debentures of the Company or any of its associated corporations
(within the meaning of Part XV of the SFO) which were required to be recorded in the register
pursuant to Section 352 of the SFO, or as otherwise notified to the Company and the Stock
Exchange pursuant to the Model Code nor had there been any grant or exercise of rights during
the period.
DIRECTORS’ RIGHTS TO ACQUIRE SHARES OR DEBENTURES
Save as disclosed under the paragraph headed “Directors’ and Chief Executives’ interests and
short positions in shares, underlying shares and debentures” and “Share Options” above, at no
time during the six months ended 30th June, 2007 was the Company or any of its subsidiaries a
party to any arrangement to enable the Company’s Directors, their respective spouse, or children
under 8 years of age to acquire benefits by means of the acquisition of shares in or debentures
of the Company or any other body corporate.
– 5 –
SUBSTANTIAL SHAREHOLDERS’ AND OTHER PERSONS’ INTERESTS AND SHORT
POSITIONS IN SHARES AND UNDERLyING SHARES
As at 30th June, 2007, the following persons had interests of 5% or more in the shares of the
Company as recorded in the register required to be kept by the Company pursuant to Section 336
of the SFO:
Long position in the shares of the Company
Name of shareholder Capacity
Number of
shares
Percentage of
shareholding
Hill View Consulting Limited
(“Hill View”)
Beneficial owner 200,659,000
(Note 1)
20.90%
Flanders Field Corporation Beneficial owner 76,659,000
(Note 1)
8.40%
Mr. Lau Kee Swan Interests in controlled
corporations
200,659,000
(Note 1)
20.90%
Silk Route International Limited Beneficial owner 279,74 ,000
(Note 2)
29. 3%
Tapleys Hill Enterprise Limited Trustee 90,550,000 9.43%
Notes:
( ) These shares were held by Hill View (as to 24,000,000 shares) and Flanders Field Corporation (as to
76,659,000 shares). Flanders Field Corporation was 00% controlled by Hill View and Hill View was 00%
controlled by Mr. Lau Kee Swan. Accordingly, Mr. Lau Kee Swan was deemed to be interested in the shares
held by Hill View and Flanders Field Corporation.
(2) The interests of Silk Route International Limited was also disclosed as the interests of Mr. Harmiono
Judianto in the above section headed “Directors’ and Chief Executives’ Interests and Short Positions in Shares,
Underlying Shares and Debentures”.
Save as disclosed above, as at 30th June, 2007, no person, other than the directors of the
Company, whose interests are set out in the section “Directors’ and Chief Executives’ Interests
and Short Positions in Shares, Underlying Shares and Debentures” above, had registered an
interest or a short position in the shares or underlying shares of the Company that was required
to be recorded pursuant to Section 336 of the SFO.
COMPETING INTERESTS
None of the Directors or the substantial shareholders (as defined in the Listing Rules) had any
interest in any business that competed with or might compete with the business of the Group.
– 6 –
MAJOR CUSTOMERS AND SUPPLIERS
The Group had five customers during the six months ended 30th June, 2007 and sales to the
largest customer included therein amounted to approximately 28% of total sales. During the six
months ended 30th June, 2007 the Group’s five largest suppliers accounted for less than 30% of
the Group’s total purchases.
To the best knowledge of the Directors, neither the Directors, their associates, nor any
shareholders who owned more than 5% of the Company’s issued share capital had any beneficial
interest in any of the Group’s five largest customers during the six months ended 30th June, 2007.
PURCHASE, SALE OR REDEMPTION OF THE COMPANy’S LISTED SECURITIES
During the six months ended 30th June, 2007 neither the Company nor any of its subsidiaries
purchased, sold or redeemed any of the Company’s listed securities.
PRE-EMPTIVE RIGHTS
There are no provisions for pre-emptive rights under the Company’s Articles of Association,
or the laws of the Cayman Islands, which would oblige the Company to offer new shares on a
pro rata basis to existing shareholders.
AUDIT COMMITTEE
The audit committee of the Company comprises four independent non-executive Directors,
namely Mr. Erik Iskandar (Chairman of the audit committee), Mr. Lam Choong Fei, Ms. Goh
Hwee Chow, Jacqueline and Ms. Wang Poey Foon, Angela. This audit committee has reviewed
with the senior management of the Group the accounting principles and practices adopted by
the Group and discussed auditing, internal control and financial reporting matters, including the
review of these interim results..
USE OF PROCEEDS FROM THE PLACING IN DECEMBER 2003 AND FROM
PRE-MIGRATION PLACING WITH ACTUAL APPLICATION
The Company raised net proceeds of approximately HK$94.8 million from its initial public
offering in December 2003 and approximately HK$47.8 million from its Pre-Migration Placing in
April 2005.
– 7 –
Set out below is a comparison of the Group’s actual use of proceeds for the period since its listing
on GEM in December 2003 up to 30th June, 2007 including its intended use of proceeds as stated
in the Listing Document dated 27th January, 2006 (the “Listing Document”):
Intended uses of proceeds stated
in the Listing Document
Proceeds from
Initial Public
Offering in
December 2003
Intended uses of
proceeds from
Pre-Migration
Placing
Actual
Application of
the proceeds up
to 30th June,
2007
HK$’000 HK$’000 HK$’000
— Expand into other cocoa-related business 62,700 47,800 225
— Increase the Group’s warehouse capacity 27,600 – –
— Expand the Group’s trading business via
marketing activities 600 – 50
— Remaining proceeds appropriated for
working capital 3,900 – –
Net fund raised/used 94,800 47,800 375
The Board after due consideration decided to reserve the entire amount of the net proceeds from
the Pre-Migration Placing for the development of the general working capital of the Company’s
cocoa processing operations. The unused proceeds are now being placed on interest-bearing
deposits with licensed banks in Indonesia.
SUSPENSION OF TRADING
At the request of the Company, trading in the shares of the Company was suspended from 9:30 a.m.
on 30 April, 2007 and will continue to be suspended until further notice.
DIRECTORS
As at the date of this announcement, the executive directors of the Company are Mr. Rudi
Zulfian, Ms. Roseline Marjuki and Mr. Abdi Arif Rasdita and the independent non-executive
directors of the Company are Mr. Erik Iskandar, Mr. Lam Choong Fei, Ms. Goh Hwee Chow,
Jacqueline and Ms. Wang Poey Foon, Angela.
On behalf of the Board
Mr Abdi A. Rasdita
Director
Jakarta, Indonesia, 24th December, 2007
* for identification purposes only

[Learoy]

Antwort auf Beitrag Nr.: 32.879.069 von rohrberg am 27.12.07 13:46:19

Hallo alle zusammen;
weiß denn jemand wie es wirklich mit "pan sino" weitergeht ??


Dachte Ende Januar kommt eine Entscheidung ?

Glaub fast das "Teil" wird wohl nie mehr gehandelt werden.
Abschreiben??
Die so genannte Abrechnungsstelle gibt keine Auskunft bisher!

Na ja, Antwort von jemanden, der Bescheid weiß wäre sehr nett!

[nafta]

PAN SINO INTERNATIONAL HOLDING LIMITED
環新國際有限公司*
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 502)
CLARIFICATION ANNOUNCEMENT
The Board refers to the Interim Results Announcement and the Interim Report and wishes to
clarify certain information set out therein.
The board of directors (the “Board”) of Pan Sino International Holding Limited (the “Company”)
refers to the interim results announcement of the Company dated 24th December 2007 (the
“Interim Results Announcement”) and the interim report of the Company for the six months
ended 30th June 2007 (the “Interim Report”). The clarifications primarily stem from an
inadvertent error in the statement of minority interest.
The Company would like to clarify the following information as contained in the Interim Results
Announcement:
1. The minority interest as at 30th June 2007 in the unaudited consolidated balance sheet was
erroneously stated as HK$24,945,000. The Board wishes to clarify that the correct figure for
minority interest as at 30th June 2007 is HK$zero. The figure is correctly stated as HK$zero
in the Interim Report.
2. The reserve as at 30th June 2007 in the unaudited consolidated balance sheet was erroneously
stated as HK$602,711,000. The Board wishes to clarify the correct figure for the reserve as at
30th June 2007 is HK$627,656,000. The figure is correctly stated as HK$627,656,000 in the
Interim Report.
The Company would like to clarify the following information as contained in both the Interim
Report and the Interim Results Announcement:
3. The minority interest in the unaudited consolidated income statement was erroneously stated
as HK$1,033,000 for the three months ended 30th June 2007 and as HK$1,222,000 for the six
months ended 30th June 2007. The Board wishes to clarify that the correct figure is HK$zero
for both periods.
4. The profit attributable to shareholders was consequently erroneously stated as
HK$19,632,000 for the three months ended 30th June 2007 and as HK$23,222,000 for the six
months ended 30th June 2007. The Board wishes to clarify that the correct figure for profit
attributable to shareholders for the three months ended 30th June 2007 is HK$20,665,000 and
for the six months ended 30th June 2007 is HK$24,444,000.
5. As a result of the above, for the three months ended 30th June 2007, basic earnings per share
was erroneously stated as HK cents 2.05 and diluted earnings per share was erroneously stated
as HK cents 1.93. The Board wishes to clarify that for the three months ended 30th June 2007,
basic earnings per shares was HK cents 2.15 based on the profit attributable to shareholders
for the three months ended 30th June 2007 of HK$20,665,000 and 960,000,000 shares in
– –
issue during such period (note 6(a) to the unaudited interim financial statements in the
Interim Report and in the Interim Results Announcement in respect of basic earnings per
share should be interpreted accordingly) and diluted earnings per share was HK cents 2.12
based on note 6(b) to the unaudited interim financial statements, which note is clarified as
set out below. Further for the six months ended 30th June 2007, basic earnings per share was
erroneously stated as HK cents 2.42 and diluted earnings per share was erroneously stated
as HK cents 2.31. The Board wishes to clarify that for the six months ended 30th June 2007,
basic earnings per share was HK cents 2.55 based on the profit attributable to shareholders
of HK$24,444,000 and 960,000,000 shares in issue during such period and diluted earnings
per share was HK cents 2.50 based on note 6(b) to the unaudited interim financial statements,
which note is clarified as set out below.
6. The Board wishes to clarify that note 6(b) to the unaudited financial statements in the Interim
Report and in the Interim Results Announcement should be as follows:
Diluted earnings per share is calculated based on the weighted average number of ordinary
shares outstanding, assuming that all dilutive potential ordinary shares had been converted.
For the three months and the six months ended 30th June 2007, the Company had one type
of dilutive potential ordinary shares — share options.
For share options, the number of shares that could have been acquired at fair value
(determined as the average market price of the Company’s shares over the period) is
determined based on the monetary value of the subscription rights attached to the
outstanding share options. The number of shares determined based on the above is compared
with the number of shares which would have been issued assuming the exercise of the
outstanding share options.
Unaudited
for the six
months ended
30th June 2007
Unaudited
for the three
months ended
30th June 2007
Profit attributable to shareholders of the Company 24,444,000 20,665,000
Number of ordinary shares used to calculate basic
earnings per share 960,000,000 960,000,000
Adjustment for potential exercise of share options 16,000,000 16,000,000
Weighted average number of ordinary shares for
diluted earnings per share 975,972,694 976,227,343
Diluted earnings per share (HK cents per share) 2.50 2.12
– –
The Company would like to clarify the following information as contained in the Interim Report:
7. The unaudited consolidated statement of changes in equity for the six months ended 30th
June 2007 was incorrectly stated and the Board wishes to clarify that such should have been
stated as follows:
UNAUDITED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
For the six months ended 30th June 2007
For the six months ended
30th June
2007 2006
HK$’000 HK$’000
(Unaudited) (Unaudited)
At 1st January 610,520 444,700
Exchange differences on translations of financial statements
of overseas subsidiary 2,292 17,390
Share placing — —
Dividend — —
Profit attributable to shareholders 24,444 47,263
637,256 509,353
– –
8. The statement of movement of reserves was incorrectly stated and the Board wishes to clarify
that such should have been stated as follows:
MOVEMENT OF RESERVES
Share
premium
Revenue
reserve
Reserve
fund
Special
reserve
Exchange
reserve Total
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
At 1st January 2006 133,200 219,123 16,178 83,232 (16,633) 435,100
Profit for the six months ended
30th June 2006 — 47,263 — — — 47,263
Exchange differences on
translation of financial
statement of overseas
subsidiaries — — — — 17,390 17,390
At 30th June 2006 133,200 266,386 16,178 83,232 757 499,753
At 1st January 2007 133,200 443,609 16,178 1,032 6,901 600,920
Profit for the six months ended
30th June 2007 — 24,444 — — — 24,444
Exchange differences on
translation of financial
statement of overseas
subsidiaries — — — — 2,292 2,292
At 30th June 2007 133,200 468,053 16,178 1,032 9,193 627,656
This announcement is made on a voluntary basis of the Company. The Company apologizes for
any inconvenience caused by the aforesaid.
By Order of the Board
Pan Sino International Holding Limited
Mr. Rudi Zulfian
Director
Jakarta, Indonesia, 1 February 2008
As at the date of this announcement, Mr. Rudi Zulfian, Ms. Roseline Marjuki, and Mr. Abdi Arif
Rasdita are the executive directors of the Company, and Mr. Erik Iskandar, Mr. Lam Choong
Fei, Ms. Goh Hwee Chow, Jacqueline and Ms. Wang Poey Foon, Angela are the independent nonexecutive
directors of the Company.
* for identification purposes only

[Learoy]

Hallo nafta;

zuerst bedanke ich mich für Dein Einstellen der Informationen.
Diese sind wirklich unersetzlich und fast die einzige Informationsquelle zu Pan Sino die man findet!

Wo bekommtst du diese Infos her, welche Quellen ?

Dann: Ich weiß nicht ob ich falsch übersetzt oder verstanden / gelesen habe; aber ein Datum der Wiederaufnahme des Handels von Aktien wurde nicht erwähnt!

Weißt du näheres dazu ?
Antwort wäre nett!
DANKE !

[Wunram]

Antwort auf Beitrag Nr.: 33.257.997 von Learoy am 04.02.08 10:16:31

@Learoy, bin zwar nicht gefragt:

http://www.hkexnews.hk/listedco/listconews/advancedsearch/se…
stock Code 0502

Gruss Wunram

[nafta]

Hallo man kann News lesen auf der von Learoy angegebenen Seite oder auf der Homepage von Pan Sino.




http://www.hkexnews.hk/listedco/listconews/advancedsearch/se…

[Learoy]

Hallo Wunram,
hallo nafta

erst mal: Toll von euch beiden Antwort zu bekommen.

Infos von erfahrenen Börsianern zu erhalten ist "Gold wert".
DANKE, auf die Seite wäre ich nie gekommen
Solche Dinge, glaube ich, findet man echt nur wenn man "länger dabei ist"; sprich Erfahrung hat.

Was glaubt ihr: Wird pan sino wieder gehandelt werden?
Wo und wann, was denkt ihr?

Ich selbst hab ja schon sehr Bedenken, dass die überhaupt noch mal nen Kurs sehen werden.
Ein Angebot einer gewissen Abrechnungsstelle hab ich abgelehnt, vielleicht ein Fehler ?????

Bis bald

Gruß send

[rohrberg]

Antwort auf Beitrag Nr.: 33.274.454 von Learoy am 05.02.08 17:25:04

kann mal jemand das resumee übersetzen

ist vom 01.02.2008, HKEX
– –
PAN SINO INTERNATIONAL HOLDING LIMITED
環新國際有限公司*
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 502)
CLARIFICATION ANNOUNCEMENT
The Board refers to the Interim Results Announcement and the Interim Report and wishes to
clarify certain information set out therein.
The board of directors (the “Board”) of Pan Sino International Holding Limited (the “Company”)
refers to the interim results announcement of the Company dated 24th December 2007 (the
“Interim Results Announcement”) and the interim report of the Company for the six months
ended 30th June 2007 (the “Interim Report”). The clarifications primarily stem from an
inadvertent error in the statement of minority interest.
The Company would like to clarify the following information as contained in the Interim Results
Announcement:
. The minority interest as at 30th June 2007 in the unaudited consolidated balance sheet was
erroneously stated as HK$24,945,000. The Board wishes to clarify that the correct figure for
minority interest as at 30th June 2007 is HK$zero. The figure is correctly stated as HK$zero
in the Interim Report.
2. The reserve as at 30th June 2007 in the unaudited consolidated balance sheet was erroneously
stated as HK$602,7 ,000. The Board wishes to clarify the correct figure for the reserve as at
30th June 2007 is HK$627,656,000. The figure is correctly stated as HK$627,656,000 in the
Interim Report.
The Company would like to clarify the following information as contained in both the Interim
Report and the Interim Results Announcement:
3. The minority interest in the unaudited consolidated income statement was erroneously stated
as HK$ ,033,000 for the three months ended 30th June 2007 and as HK$ ,222,000 for the six
months ended 30th June 2007. The Board wishes to clarify that the correct figure is HK$zero
for both periods.
4. The profit attributable to shareholders was consequently erroneously stated as
HK$ 9,632,000 for the three months ended 30th June 2007 and as HK$23,222,000 for the six
months ended 30th June 2007. The Board wishes to clarify that the correct figure for profit
attributable to shareholders for the three months ended 30th June 2007 is HK$20,665,000 and
for the six months ended 30th June 2007 is HK$24,444,000.
5. As a result of the above, for the three months ended 30th June 2007, basic earnings per share
was erroneously stated as HK cents 2.05 and diluted earnings per share was erroneously stated
as HK cents .93. The Board wishes to clarify that for the three months ended 30th June 2007,
basic earnings per shares was HK cents 2. 5 based on the profit attributable to shareholders
for the three months ended 30th June 2007 of HK$20,665,000 and 960,000,000 shares in
– 2 –
issue during such period (note 6(a) to the unaudited interim financial statements in the
Interim Report and in the Interim Results Announcement in respect of basic earnings per
share should be interpreted accordingly) and diluted earnings per share was HK cents 2. 2
based on note 6(b) to the unaudited interim financial statements, which note is clarified as
set out below. Further for the six months ended 30th June 2007, basic earnings per share was
erroneously stated as HK cents 2.42 and diluted earnings per share was erroneously stated
as HK cents 2.3 . The Board wishes to clarify that for the six months ended 30th June 2007,
basic earnings per share was HK cents 2.55 based on the profit attributable to shareholders
of HK$24,444,000 and 960,000,000 shares in issue during such period and diluted earnings
per share was HK cents 2.50 based on note 6(b) to the unaudited interim financial statements,
which note is clarified as set out below.
6. The Board wishes to clarify that note 6(b) to the unaudited financial statements in the Interim
Report and in the Interim Results Announcement should be as follows:
Diluted earnings per share is calculated based on the weighted average number of ordinary
shares outstanding, assuming that all dilutive potential ordinary shares had been converted.
For the three months and the six months ended 30th June 2007, the Company had one type
of dilutive potential ordinary shares — share options.
For share options, the number of shares that could have been acquired at fair value
(determined as the average market price of the Company’s shares over the period) is
determined based on the monetary value of the subscription rights attached to the
outstanding share options. The number of shares determined based on the above is compared
with the number of shares which would have been issued assuming the exercise of the
outstanding share options.
Unaudited
for the six
months ended
30th June 2007
Unaudited
for the three
months ended
30th June 2007
Profit attributable to shareholders of the Company 24,444,000 20,665,000
Number of ordinary shares used to calculate basic
earnings per share 960,000,000 960,000,000
Adjustment for potential exercise of share options 6,000,000 6,000,000
Weighted average number of ordinary shares for
diluted earnings per share 975,972,694 976,227,343
Diluted earnings per share (HK cents per share) 2.50 2. 2
– 3 –
The Company would like to clarify the following information as contained in the Interim Report:
7. The unaudited consolidated statement of changes in equity for the six months ended 30th
June 2007 was incorrectly stated and the Board wishes to clarify that such should have been
stated as follows:
UNAUDITED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
For the six months ended 30th June 2007
For the six months ended
30th June
2007 2006
HK$’000 HK$’000
(Unaudited) (Unaudited)
At st January 610,520 444,700
Exchange differences on translations of financial statements
of overseas subsidiary 2,292 7,390
Share placing — —
Dividend — —
Profit attributable to shareholders 24,444 47,263
637,256 509,353
– 4 –
8. The statement of movement of reserves was incorrectly stated and the Board wishes to clarify
that such should have been stated as follows:
MOVEMENT OF RESERVES
Share
premium
Revenue
reserve
Reserve
fund
Special
reserve
Exchange
reserve Total
HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000
At 1st January 2006 33,200 2 9, 23 6, 78 83,232 ( 6,633) 435, 00
Profit for the six months ended
30th June 2006 — 47,263 — — — 47,263
Exchange differences on
translation of financial
statement of overseas
subsidiaries — — — — 7,390 7,390
At 30th June 2006 133,200 266,386 16,178 83,232 757 499,753
At 1st January 2007 133,200 443,609 16,178 1,032 6,901 600,920
Profit for the six months ended
30th June 2007 — 24,444 — — — 24,444
Exchange differences on
translation of financial
statement of overseas
subsidiaries — — — — 2,292 2,292
At 30th June 2007 133,200 468,053 16,178 1,032 9,193 627,656
This announcement is made on a voluntary basis of the Company. The Company apologizes for
any inconvenience caused by the aforesaid.
By Order of the Board
Pan Sino International Holding Limited
Mr. Rudi Zulfian
Director
Jakarta, Indonesia, February 2008
As at the date of this announcement, Mr. Rudi Zulfian, Ms. Roseline Marjuki, and Mr. Abdi Arif
Rasdita are the executive directors of the Company, and Mr. Erik Iskandar, Mr. Lam Choong
Fei, Ms. Goh Hwee Chow, Jacqueline and Ms. Wang Poey Foon, Angela are the independent nonexecutive
directors of the Company.
* for identification purposes only

[Learoy]

Hallo,

über
http://babelfish.altavista.com/

kannst du den Text übersetzen lassen. Ist zwar schon ein "gestopsel" aber mit Phantasie kommt man schon auf das, was gemeint ist !

Für mich wichtig wäre vor allem, ob und wann der Handel wieder aufgenommen wird. Dies geht nicht hervor.
Im Großen und Ganzen nur eine Berichtigung von Zahlenmaterial.


Gruß

Pit

[mitterland]

keinesfalls auch nur einstück an herrn steinle oder wen auch immer verkaufen!

[nafta]

Antwort auf Beitrag Nr.: 33.501.056 von mitterland am 28.02.08 11:23:14

PAN SINO INTERNATIONAL HOLDING LIMITED
環新國際有限公司*
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 502)
RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND
APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR
The board of directors (the “Board”) of Pan Sino International Holding Limited (the “Company”) announces that with effect from 28 February 2008, Ms Wang Poey Foon, Angela (“Ms Wang”), because of her other commitments, resigned as an independent non-executive director of the Company. Ms Wang confirmed that she has no disagreement in all aspects with the Company and there is no matter relating to her resignation that should be brought to the attention of the holders of securities of the Company.
The Board is pleased to announce that Ms Mok Chui Mei (“Ms Mok”) has been appointed as an independent non-executive director (“INED”) of the Company and a member of the Audit Committee with effect from 28 February 2008.
Ms Mok, aged 49, has over ten years of working experience in auditing, accounting, taxation and finance management. She is currently a financial controller of Max Winner Limited. She holds a Bachelor degree in Accounting and Data Processing from the University of Leeds in the United Kingdom. Ms Mok is an associate member of the Hong Kong Institute of Certified Public Accountants and the American Institute of Certified Public Accountants respectively.
There is no service contract entered into between Ms Mok and the Company. Pursuant to the Company’s articles of association, Ms Mok is subject to retirement by rotation and will be eligible for re-election at the forthcoming general meeting of the Company. Ms Mok will receive a Director’s fee of HK$120,000 per annum which is fixed with reference to market conditions and her duties and responsibilities with the Company. Ms Mok has not held any directorship in any public listed companies in the last three years or any positions with the Company or its subsidiaries. Save as disclosed above and as at the date of this announcement, Ms Mok does not have any relationship with any director, senior management or substantial or controlling shareholders of the Company or its subsidiaries or has any beneficial interests or short position in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance. The Company is of the view that Ms Mok meets the independence requirements as set out in Rule 3.13 of the Rules Governing the Listing of Securities (the “Listing Rules”) of The Stock Exchange of Hong Kong Limited.
There are no other matters that need to be brought to the attention of holders of securities of the Company in connection with Ms Mok’s appointment. The Company also confirms that there is no information relating to Ms Mok’s appointment that is required to be disclosed pursuant to Rule 13.51(2)(h) to (w) of the Listing Rules.
– –
The Board would like to welcome Ms Mok and express its appreciation for the contribution of Ms Wang Poey Foon, Angela to the Company during her term of office.
By Order of the Board
Pan Sino International Holding Limited
Rudi Zulfian
Executive Director
Jakarta, Indonesia
28 February 2008

[Learoy]

Hallo miteinander;

nun der ständige Hin u. Herwechsel von irgend welchen Vorständen oder anderen angeblichen wichtigen Personen ist ja schon fast Hobby von Pan Sino.

Nachdem das Zahlenmaterial neu festgelegt war bereits und es jetzt wieder ewig hin u. her geht, glaube ich ja schon fast nicht mehr, das der Wert überhaupt je wieder gehandelt wird.

Ich denke mir normalerweise müsste doch eine Wiederaufnahme erfolgen, aber hier täusche ich mich.

Verkaufen tu ich aber auch nicht an irgendwelche Stellen, da denke ich genauso. Ob da ein Bruchteil zu retten ist noch oder völlig weg; ist dann auch schon egal.

Hat jemand ne Vorstellung oder "Vor"ahnung zu Pan Sino u. dem Handel ???

MfG Bis zu den nächsten News, wahrscheinlich ein Belegwechsel

MfG