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.
NZの権益、49％の買収が2018 or 19年にあるかもしれないと言われているが
In order to meet the financial needs of the Group’s future business development, the Group will conduct adequate research on
the change trends in the global financing markets and capital markets, as well as make carefully assessment on the strengths
and weaknesses of various financing instruments, so as to consider several sources of funding to finance the future investments
by taking account of its short-term, medium-term and long-term funding needs.
The directors of the Company are satisfied that the Group will
have sufficient financial resources to meet its financial
obligations as they fall due in the foreseeable future as
the immediate shareholders, BCG Chinastar International Investment Limited
(“BCG Chinastar”) and Beijing Capital (Hong Kong) Limited (“Beijing Capital (HK)”),
wholly-owned subsidiaries of the Group’s ultimate controlling shareholder,
Beijing Capital Group Co., Ltd. (“Beijing Capital Group”),
have agreed to provide adequate financial support.
BCG NZ Group has more than 100 years of history in continuing operation,
and is the largest waste management service supplier in New Zealand with
over 30% market share, and has established a national wide network which
vertically integrated the local waste system. BCG NZ Group provides the
comprehensive waste management service in New Zealand including waste
collection, recycling, disposition of hazardous and industrial waste,
and served more than 200,000 customers in New Zealand.