PT International Development Corporation Limited 保德國際發展企業有限公司

The paid advert opposing the blackout rule
With links to the signatories in Webb-site Who's Who. (29-Dec-2008)
ITC Corp (0372) agreement to buy shares in Hanny (0275) from Hoffman Ma Ho Man, 17-Aug-2006
Company filing, 13-Nov-2006
Breach of Takeover Code
Company announcement, 15-Nov-2005
SFC criticises board of directors for Breaching Rule 21.3 of the Takeovers Code
SFC, 15-Nov-2005
Possible breach of Listing Rules 13.13 to 13.15
Company announcement, 24-Sep-2004
Paul Y.-ITC: Just Say No
Charles Chan, Chairman of Paul Y.-ITC, has made an offer to buy its stakes in Australian-listed Downer EDI, HK-listed China Strategic Holdings Ltd and a pile of property, all for less than 10% of book value. Webb-site.com urges independent shareholders of both Paul-Y and its controlling shareholder, ITC, to vote it down. (21-Oct-2002)
HK's Takeunder Code
Three recent "takeunders" of Beauforte Investors, China Internet Global Alliance and Tung Fong Hung have reminded investors how ineffective Hong Kong's takeover code is. In each case, a buyer has been willing to pay a substantial premium for a stake which, while under 35%, is clearly enough to achieve control without making a general offer. Webb-site.com urges the SFC to reduce the threshold for these "takeunder" transactions. (18-Dec-2000)
Karen Lo Ki Yan and Cindy Yau Shum Tek buy 33.98% of Tung Fong Hung (0279) from ITC (0372) for HK$180m
Company announcement, 10-Nov-2000
The effective price is HK$0.743 per share, a 207% premium to market. The entire board of directors is being replaced, but there will be no general offer as the Takeover offer trigger is 35%, so this is a takeunder. $70m of the payment is deferred for 6 months.

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