FORM 2 - Corporate Substantial Shareholder Notice
Form Serial Number
:
CS20200106E00501
1.
Date of relevant event
:
31/12/2019
(dd/mm/yyyy)
2.
Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later)
:
(dd/mm/yyyy)
3.
Stock code
:
00299
4.
Name of listed corporation
:
Glory Sun Land Group Ltd.
5.
Class of shares
:
Ordinary Shares
6.
Number of issued shares in class
:
4,550,104,797
7.
Name of substantial shareholder
:
Bao Xin Development Limited
8.
Registered office
:
Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands
9.
Principal place of business in Hong Kong
:
Unit 1903, 19/F., Tower 2, Lippo Centre, No. 89 Queensway, Hong Kong
15.
Exchange on which listed
:
Nil
16.
Name of listed parent and exchange on which parent is listed
:
Nil
17.
Details of relevant event
:
Brief description of relevant event
Capacity in which shares were/are held
Number of shares bought/sold or involved
Currency of transaction
On Exchange
Off Exchange
Before relevant event
After relevant event
Highest price (per share)
Average price (per share)
Average consideration (per share)
Nature of consideration
Long position
1013
You first acquire a notifiable interest because:
any other event (you must briefly describe the relevant event in the Supplementary Information box)
2201
Interest of corporation controlled by you
3,144,544,700
Short position
18.
Total shares immediately before the relevant event
:
Total number of shares
Percentage figure (%)
Long position
0
0.00
19.
Total shares immediately after the relevant event
:
Total number of shares
Percentage figure (%)
Long position
3,144,544,700
69.11
20.
Capacity in which interests disclosed in Box 19 are held
:
Capacity code
Number of shares
2201
Interest of corporation controlled by you
Long position
3,144,544,700
Short position
0
21.
Further information in respect of derivative interests
:
Derivatives code
Number of shares
22.
Further information in relation to interests of corporations controlled by substantial shareholder
:
Name of controlled corporation
Address and place of incorporation
Name of controlling person
% control
Direct interest (Y/N)
Number of shares
Glory Sun Financial Group Limited
Cricket Square, Hutchins Drive, PO Box 2681, Grand Cayman, KY1-1111, Cayman Islands
Bao Xin Development Limited
8.06
N
Long position
3,144,544,700
Short position
0
Great Sphere Developments Limited
Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands
Glory Sun Financial Group Limited
100.00
N
Long position
3,144,544,700
Short position
0
Bao Da Financial International Limited
Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands
Great Sphere Developments Limited
100.00
N
Long position
1,144,151,739
Short position
0
Hong Kong Bao Da Financial Holdings Limited
Units 1908-1909, 19/F., Tower 2, Lippo Centre, No. 89 Queensway, Hong Kong
Bao Da Financial International Limited
100.00
Y
Long position
1,144,151,739
Short position
0
Bao Xin International Asset Management Limited
Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands
Great Sphere Developments Limited
100.00
N
Long position
1,979,263,913
Short position
0
Hong Kong Bao Xin Asset Management Limited
Units 1908-1909, 19/F., Tower 2, Lippo Centre, No. 89 Queensway, Hong Kong
Bao Xin International Asset Management Limited
100.00
Y
Long position
1,979,263,913
Short position
0
Glory Sun Financial Holdings Limited
Vistra (Cayman) Limited, P.O. Box 31119 Grand Pavilion, Hibiscus Way, 802 West Bay Road, Grand Cayman, KY1-1205 Cayman Islands
Great Sphere Developments Limited
100.00
N
Long position
21,129,048
Short position
0
Golden Affluent Limited
Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands
Glory Sun Financial Holdings Limited
84.10
N
Long position
21,129,048
Short position
0
Proficient Power Limited
Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands
Glory Sun Financial Holdings Limited
34.24
N
Long position
21,129,048
Short position
0
Proficient Power Limited
Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands
Golden Affluent Limited
65.76
N
Long position
21,129,048
Short position
0
Glory Sun Securities Limited
Rooms 1703-1706, 17/F., Infinitus Plaza, 199 Des Voeux Road Central, Hong Kong
Proficient Power Limited
100.00
Y
Long position
21,129,048
Short position
0
23.
Further information in relation to interests held by substantial shareholder jointly with another person
:
Name of joint shareholder
Address
Number of shares
24.
Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust
:
Names of trust
Address
Status code
Number of shares
25.
Further information from a party to an agreement under Section 317 (Please see Notes for further information required)
:
Names of other parties
Address
Number of shares
Total number of shares in which a substantial shareholder is interested under sections 317 and 318
26.
Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act
:
Names
Address
Relationship Code
Percentage (%)
27.
Supplementary information
:
On 31 December 2019, Bao Xin Development Limited became an intermediate holding company of Glory Sun Financial Group Limited.
28.
Log/Serial Number of the previous form
:
29.
Number of concert party document(s) under section 317 attached/uploaded
:
Date of filing this Form 2
:
06/01/2020
(dd/mm/yyyy)