June 2010

• In line with its corporate strategy to streamline its business structure, NWS Holdings announced on 11 June 2010 that the Group had entered into an agreement with Fung Seng Enterprises Limited to dispose of certain subsidiary companies engaged in service businesses for a total consideration of HK$888.5 million.
• In June 2010, NWS Holdings entered into the Share Transfer Agreement in respect of the acquisition of 8% equity interest in China United International Rail Containers Co., Limited (“CUIRC”). Upon completion, the Group will increase its interest holding from 22% to an aggregate of 30% in CUIRC and remains the second largest shareholder of CUIRC. The acquisition of additional interest holding was made at the cost of approximately HK$350 million.