following particulars of the property have been supplied by the General Managers, Jardine, Matheson at the corner of Point and Tit "The Brewery Plant is ohb! on Ah MA No"
2 7 peine by Tu Di Chens and Cor
square feet, is a pde frame construction of 9 storeys. 16 has been ea constructed thet large expansion is covering an area of about 20,000
îs of the most up-to-date type, all possible at relatively low cost and there is ample ground available for this purpose, The equipment throughout. handed over over at cost and"the advantage of this to the Company is particularly noticeable in the caba of empty branch the latest improvements in brewing and bottling practice. AN Stores and Materials have been having been made with a view to securing a Plant comprising in
ities where a stock of several million bottles stands in the books at very much under current replacement In Conformity with the Hongkong Companies' Ordinances the following additional particulars are supplied debentures have been issued nor agreed to be issued for a consideration other than in cash. There are no mortgages There are no founders nor loam quent noe deferred shares. AN shares are fully paid up and no shares no nor liens on the property.
The number of shares fixed by the Articles as the qualification of a Director is 600 shares.
"Under Clause 76 of the Articles of Association, remuneration of the Directors in toto is fixed at $12,000 per annum.
The purchase price of the whole undertaking of the Ewo Brewery Company which includes Land, Buildings, Plant and Machinery, Vehicles and Equipment, together with all stocks of beer, malt, hope, bottles, eto., eto. whioh was acquired from the Vendors as on ist January, 1940, was $6,000,000. The preliminary expenses payable by the Company covering registration, legal and accountancy fees, printing, advertising, station eto. were estimated at $50,000 no commission was paid nor is payable to any person in consideration of his agreeing to subscribe for, or of his procuring or agreeing to procure: nons: for, any shares in the Company. A further $1,000,000 has been, subscribed to augment working capital.
$5.00 per share was payable sive paid on application. No shares nor debentures have been issued or agreed to be issued as fully paid up, otherwise than in cash; no debentures have been issued.
The Vendors of the Ewo Brewery were (1) Jardine, Matheson & Ao., Ltd., and (2) Ellis Hayim! and Frank paid nor is payable for goodwill.
lo Harrison end sums of $2,000,000 and $6,000,000 respectively have been paid to them in cash, Nothing was to subscribe, or procuring or agreeing to procure subscriptions for any shares in, or debentures of the Cot Nothing has been paid nor is payable as commidaion for subscribing The estimated amount of preliminary expenses of the Company as stated above was $50,000. Nothing has paid nor is intended to be paid to any promoter.
Material contracts, not being contract entered into in the ordinary course of the business carried on or intended to be carried on by the Company, are as follows (a) Sale Agreement; between the Vendors and the Company, dated 14th October, 1940, (b) Deed of Gift dated 14th October, 1940 from the Vendors to the Company of all profite earned between the 1st January, 1940 and 16th October, 1940.
(c) General Managers' Agreement, dated 14th October, 1940.
(d) Statement in lieu of prospectus, dated 14th October, 1940, Shanghai. pas Hae Auditors of the Company are Lowe, Bingham & Matthews)
Text read from the printed page and cleaned; old type leaves the occasional error.