June 17, 2004 (Thursday)
12:00 noon ¡V 12:30 p.m.
China Club
followed by luncheon 12:30 p.m. - 2:00 p.m.

Agenda for the AGM:

    1. To receive, consider and approve the audited financial statements and reports of the Executive Committee.

    2. To elect the Executive Committee.

    3. To re-appoint auditors and authorize the Executive Committee to fix their remuneration.

    4. Any other business.

     

All members are encouraged to attend the AGM to elect the Executive Committee for the year 2004/2005 and to review the results of 2003/2004.

This will be a good opportunity for members to discuss the association's direction and programs.

 




July 9 (Friday)
11:00 a.m. - 5:30 p.m.
at The Ritz-Carlton Hotel

Private Equity practitioners, legal experts and tax specialists will examine in depth the changes in rules relating to private equity investments and its practical applications, related problems.

Given the rapidly evolving regulatory environment in China it is important for practitioners to keep abreast with the latest changes, written and unwritten, the breakthroughs to further facilitate investments in China in order to act quickly to take advantage of the opportunities. The Summit focuses on how investments have been successfully made under complex and changing rules which investors face in China.

This Summit is a working session, allowing for active interactive exchanges among private equity players in China and those engaged in advising and structuring of the investments in China. In its third year, venture capital/private equity investors as well as those taking strategic stakes in companies in China have found the Summit to invaluable in the sharing of knowledge and experience among participants in examining the many practical issues involved in private equity investments in China.

Program:
 
11:00 a.m. - Registration
 
Session 1 - 11:30 a.m. to 12:30 pm - What are the Opportunities
11:30 - 11:50 a.m. A macro overview
11:50 - 12:10 p.m. What are leading private equity industry players and Silicon Valley players doing in China
12:10 - 12:30 p.m. Forum and Q&A
 
12:45 - 2:15 p.m. Lunch
Luncheon speaker - Effective exit channel for Private Equity Investors
 
Session 2 ¡V 2:15 to 3:50 p.m. - How deals can be structured
2:15 - 2:35 p.m. The New Rules in Practice. Legal update of 2003 venture capital Rules in China
2:35 - 2:55 p.m. Case Studies of Workable Structures
2:55 - 3:15 p.m. Pioneer investor tax structure for private equity in Mainland China
3:15 - 3:35 p.m. Current accounting issues impacting Performance and project Exit pricing
3:35 - 3:50 p.m. Breakthrough in investment approval procedures
 
3:50 p.m - 4:10 p.m. Coffee Break
 
Session 3 ¡V 4:10 to 5:30 p.m. - The Challenges for Venture Capital & Private Equity Investors in China
4:10 - 4:30 p.m. Early Stage, Mezzanine, MBO
4:30 - 4:50 p.m. Exits and Involvement of Hedge Funds
4:50 - 5:10 p.m. Can Buyout be done in China ?
5:10 - 5:30 p.m. Forum & Practical Comments

 



New Members Welcome

Full Member

BASF Venture Capital GmbH

BASF Venture Capital GmbH is a competent partner for venture capital activities whose investments and partnerships are focused on innovative chemical-based technologies and materials. BASF Venture Capital GmbH is the corporate venture capital firm of the BASF group and collaborate with BASF Future Business GmbH to develop business areas which will be viable for the future.

An interdisciplinary team of scientists and financial experts seeks, evaluates and accompanies investments all over the world. In doing so BASF Venture Capital GmbH use the entire BASF know-how and research Verbund and all its resources. BASF Venture Capital GmbH has EUR 100 million in investment capital at its disposal.

Associate Member

Minter Ellison

Minter Ellison has been ranked the largest law firm in the Asia Pacific region. Our Hong Kong office is the regional headquarters of our Asian network, which includes offices in Bangkok and Shanghai. We also work very closely with lawyers in our San Francisco office, supporting international clients doing business in Asia. Our Hong Kong team comprises around 30 lawyers, the majority of whom work in both Chinese and English. The team offers strength across a number of key areas, including Private Equity, where our experience spans investments across several sectors. The Private Equity team is an integral part of our wider Corporate and Commercial group, which also incorporates our highly successful IT and Communications practice. Other core practice areas include: Employment and Human resources; Construction; Major Projects; Insolvency and Restructuring; and Dispute Resolution.

 

 

 

HKVCA Sponsorship Opportunities
Please click here for more information.

 


2004 ASIAN VENTURE FORUM ¡V CHINA (BEIJING)
Global Perspective ¡V Local Opportunities

CHINA'S TECHNOLOGY MARKETS SCALING
NEW HEIGHTS WITH VENTURE CAPITAL

JUNE 28-30, 2004
GRAND HYATT, BEIJING

CONFERENCE TOPICS
  • China's Opportunities In The Eyes Of Its Neighbors
  • Corporate Venturing In China
  • Silicon Valley Looks to China: Opportunities For Collaboration And Challenges
  • China's Technology Outlook: 2004/2005
    1. Digital Entertainment
    2. Telecom
    3. Semiconductor / Foundry
    4. Internet
  • In Search Of Exits
  • China's Reform Treadmill
  • Institutional Investors Putting More Dough Into China?

For more information about the conference, please visit www.AsianFN.com OR
Email to AVF@AsianFN.com / Tel: 852-2838 9626

 


Seminar and Reception for the Technology Mission from Canada

Monday, June 28, 2004
4:00pm ~ 7:30pm
at the Washington Room of the American Club

Monte Jade Science & Technology Association of Western Canada, in partnership with the National Research Council (NRC) of Canada is organizing a 14-day technology mission to Seoul, Hong Kong and Shanghai with a number of information technology and communications companies. This mission is focused on finding qualified partners in Korea and Hong Kong / China that can potentially help Canadian companies to expand their businesses into Asia.

Distinguished industry experts, corporate leaders, and investors are being invited to participate in a half-day seminar program, which will be concluded by an interactive panel discussion.

This mission is one of the major activities under the Memorandum of Understanding with Hong Kong on information and communications technology cooperation, signed in December 2002.

Please click here for more information

 



Leading Photographic Equipment, Video and Electronics Company


Project Details:
This opportunity involves a photographic equipment, video and electronics Company (The Company) that is focused on the importation, engineering, production, marketing and service of photographic, optical, video and electronic devices throughout the European and other markets. The Company is a mature and industry leading business that has served the region for over 40 years, and has built strong networks with manufacturers, suppliers and retailer/resellers. The Company's strong ties with major industry players and its reputation will serve as key advantage in securing future growth.

The Company supplies proprietary branded products to its 3,500 wholesale and retail partners in Germany, the rest of Europe and its international partners in over 50 countries. It markets a well known brand of photographic lenses, digital cameras, binoculars and other optic devices, surveillance systems, CCTV and personal electronics.The Company is currently profitable, has a positive (undervalued) NAV but is performing well below its potential. The Company therefore provides a unique opportunity to invest in and build upon an established consumer electronics business with strengths in Europe. The Company seeks a Merger or Acquisition that will enable it to achieve a strategic position in the Asian market through building economies of scale. Alternatively, given an established customer base, experienced and well trained staff, committed management and strong European distribution partners, this opportunity will ideally appeal to investors who wish to use the Company as an immediate entree into the lucrative European market for an existing portfolio company seeking to expand operations internationally.

Contact Details:
Jamil Sheikh

Tel : (852) 9288 2096
Fax : (852) 2892 1217
Email : jsheikh@duetpartners.com

 

 



Globalink Technology Limited

Nature Business: Media Advertising Business in China
Funds Required: US$ 4 million

Project Details:
A new form of technology advertising media - Nedmedia (the unified media trademark) has been started and is going to revolutionize the advertising industry in China. Nedmedia is established by employing the synergy mix on the latest networking and communication technology and the benefit of direct marketing. Specifically, interactive multimedia marketing and advertising contents are selectively broadcast, via our proprietary network, to the displaying hubs, large screen Plasma and LCD TV, that are specially installed at prominent and prosperous locations of the city centers for public promotion and advertising purpose.

A nation-wide distributed advertising network of inter-related, interconnected and interactively linked media display hubs is then created to cater the increasing effectiveness needs of the advertising industry and to capture the RMB 40 billion yearly market share of the nationwide advertising expenditure of the China market. (The projected total advertising expenditure has exceeded RMB 100 billion)

We have successfully pre-marketed our business model and are building up the Nedmedia platform in Shenzhen. We are seeking extra capital in order to expand our network promptly in those major cities of China.

Contact Details:
Wilson Wong
Director, Globalink Technology Limited
Unit 3, 10/F, Trendy Centre, 682 Castle Peak Road, Kowloon.

Tel : (852) 2725-6994
H/P: (852) 9205-5690
Fax : (852) 2725-9024
Email : wilsonwong@webbsoft.com

 

 

All the newsletters will be sent by email. To receive by fax, please contact Mr. Alex Tsang at
Tel: (852) 2845 6100
Fax: (852) 2526 2713
Email: enquiry@hkvca.com.hk