To approve the increase in authorised share capital of the Company from HK$1,500,000,000 divided
into 15,000,000,000 Shares of par value of HK$0.10 each to HK$3,000,000,000 divided into
30,000,000,000 Shares by the creation of an additional 15,000,000,000 unissued Shares.
We share the view that the timing of the construction of projects secured is hard to predict.
But its strong project pipeline will create significant growth potential in medium to long term.
Beijing Capital has been building up CEH as a waste-treatment platform, and CEH is expected to
see strong growth starting in 2017.