Friday, August 29

Solina Chau & Tom Group


Solina Chau Hoi Shuen 周凱旋 (born 1961) is a prominent businesswoman in Hong Kong, strategic business partner in the Cheung Kong Group, and director of the Li Ka Shing Foundation. She is also a major stockholder in Tom.com, a major publication and advertising company in the People's Republic of China.

Chau attended the Diocesan Girls' School, Hong Kong, where she sat the Hong Kong Certificate of Education Examination in 1978. Upon her graduation, she went on to further study in Sydney, Australia. In 1997, Chau set up Tom as a Cayman Island registered limited company as a minority (40%) partner together with Hutchison Whampoa and Cheung Kong Holdings in a series of transactions which netted her an estimated USD 11 million in cash even before the company began to trade.
In 2002, Chau invested RMB ¥ 1 million into an interactive voice-recognition service provider, Beijing Leitingwuji Nework Technology Company Limited (北京雷霆无极网络科技有限公司). In September 2003, before the company was even profitable, she sold it to TOM Group for the sum of USD132 million. Its subsidiary TOM Online was then separately listed on the Growth Enterprise Market of the Hong Kong Stock Exchange in early 2004.

Chau remained a 9.998% shareholder in Tom Online until March 12, 2007, when Tom Group announced an offer for the outstanding shares in Tom Online, to take the company private. Chau also has a 24% stake in TOM Group prior to the announcement.

TOM Group Limited (stock code: 2383) is listed on the Main Board of the Stock Exchange of Hong Kong. A leading Chinese-language media conglomerate in Greater China, TOM Group has diverse business interests in Internet (TOM Online), Outdoor Media (TOM Outdoor Media Group), Publishing, Television & Entertainment across markets in Mainland China, Taiwan and Hong Kong. In each of the areas it operates, TOM Group has secured market leadership.

The Group was founded in October 1999 as a joint venture between Hutchison Whampoa, Cheung Kong (Holdings) Limited, and other strategic investors. Headquartered in Hong Kong, the Group has regional headquarters in Beijing, Shanghai and Taipei with over 4,000 employees in more than 20 cities. TOM Group is a leading media and communication group in Greater China. We develop ties with all members of business community for the purpose of delivering the best quality services and products in the region and the highest value to shareholders.

China Entertainment Television (CETV) is a leading 24-hour Putonghua general Entertainment channel providing the latest Asian and international entertainment programming, bringing pioneering and innovative original productions to Mainland China audiences.

CETV was the first foreign satellite television channel granted landing rights into the cable systems of Guangdong, and also has secured nationwide distribution via the Central Platform, covering hotels and foreign apartment compounds. The channel is broadcast in China and Asia Pacific via the AsiaSat 3S and Apstar 6. Always with an eye for the latest entertainment trend, CETV will continue to introduce new TV trends from overseas to Mainland China together with international counterparts, leading the way in China TV sector.

Approximate No. of shares of percentage of Name Capacity the Company held shareholding

Cheung Kong (Holdings) Interest of controlled 1,429,024,545 - 36.70%

Cheung Kong Investment Interest of controlled 476,341,182 - 12.23%

Cheung Kong Holdings (China) Interest of controlled 476,341,182 - 12.23%

Sunnylink Enterprises Limited Interest of a controlled 476,341,182 - 12.23%

Romefield Limited Beneficial owner 476,341,182 - 12.23%

Hutchison Whampoa Limited Interest of a controlled 952,683,363 - 24.47%

Hutchison International Limited Interest of a controlled 952,683,363 - 24.47%

Easterhouse Limited Beneficial owner 952,683,363 - 24.47%

Chau Hoi Shuen Interest of controlled 930,806,363 - 23.91%

Cranwood Company Limited Beneficial owner & 930,806,363 - 23.91%

Schumann International Limited Beneficial owner 580,000,000 - 14.90% *

Handel International Limited Beneficial owner 348,000,000 - 8.94%

* Schumann International Limited and Handel International Limited are companies controlled by Cranwood Company Limited and Ms. Chau Hoi Shuen is entitled to exercise more than one-third of the voting power at the general meetings of Cranwood Company Limited.

By virtue of the SFO, Cranwood Company Limited is deemed to be interested in the 580,000,000 shares of the Company and 348,000,000 shares of the Company held by Schumann International Limited and Handel International Limited respectively in addition to 2,806,363 shares of the Company held by itself.

By virtue of the SFO, Ms. Chau Hoi Shuen is deemed to be interested in 2,806,363 shares of the Company, 580,000,000 shares of the Company and 348,000,000 shares of the Company held by Cranwood Company Limited, Schumann International Limited and Handel International Limited respectively.


http://www.tomgroup.com/eng
http://en.wikipedia.org/wiki/Solina_Chau


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