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Glorious Property
Annual Report 2011
Report of the Directors
(Continued)
Directors’ Interests in Shares, Underlying Shares and Debentures (Continued)
(B) ASSOCIATED CORPORATIONS
Name of Director
Name of Associated Corporation
Number of
ordinary shares
Approximate %
of shareholding
Mr. Zhang Zhi Rong
Best Era International Limited
150,000
100
(5)
Mr. Zhang Zhi Rong
(4)
Shanghai Chuangmeng International
Architectural Design Co., Ltd.
—
3
Notes:
(1) This represents interests held by the relevant Director as beneficial owner in share options granted to the Directors under the Pre-IPO Share
Option Scheme to subscribe for shares in the Company, details of which are set out in the section headed “Share Option Schemes” of this
annual report.
(2) Best Era International Limited, Market Victor Limited, Novel Ventures Limited, Island Century Limited and Well Advantage Limited, all of
which are wholly-owned directly or indirectly by Mr. Zhang Zhi Rong, held 4,978,923,436 shares, 81,936,000 shares, 106,288,000 shares,
119,313,000 shares and 27,756,000 shares respectively as at 31 December 2011, representing in aggregate 5,314,216,436 shares or
approximately 68.20% of the issued share capital of the Company.
(3) The percentage has been compiled based on the total number of ordinary shares of the Company in issue as at 31 December 2011 (i.e.
7,792,645,623 ordinary shares).
(4) Ms. Gao Wei Ping holds a 3% equity interest in Shanghai Chuangmeng International Architectural Design Co., Ltd. (“Shanghai
Chuangmeng”). Since Mr. Zhang Zhi Rong is the husband of Ms. Gao Wei Ping, he is deemed to be interested in the 3% equity interest in
Shanghai Chuangmeng held by Ms. Gao Wei Ping.
(5) The percentage has been compiled based on the total number of ordinary shares of Best Era International Limited in issue as at 31 December
2011(i.e. 150,000 ordinary shares).
All of the interests disclosed in sections (a) and (b) above represent long positions in the shares of the Company or the
Associated Corporations.
Save as aforesaid, as at 31 December 2011, none of the Directors or their associates had any other interests or short
positions in the shares, underlying shares or debentures of the Company or any of its Associated Corporations which
had been entered in the register kept by the Company pursuant to Section 352 of the SFO or which were notified to the
Company and the Hong Kong Stock Exchange pursuant to the Model Code.
Directors’ Rights to Acquire Shares or Debentures
As at 31 December 2011, the number of outstanding options granted by the Company to the Directors to subscribe for
shares of the Company, as recorded in the register required to be kept under Section 352 of the SFO or which were
otherwise notified to the Company and the Hong Kong Stock Exchange pursuant to the Model Code, is set out in the
section headed “Share Option Schemes” of this annual report.
Apart from the aforesaid, at no time during the year ended 31 December 2011 was the Company or its holding
company or subsidiaries, a party to any arrangement to enable the Directors to acquire benefits by means of the
acquisition of shares in, or debentures of, the Company or any other body corporate.