Beijing Capital International Airport Company Limited (SEHK:694) signed an assets transfer agreement to acquire T3D and Ancillary Assets from Capital Airports Holding Co., Ltd. for CNY 2.2 billion on October 31, 2014. Under the terms, initial consideration is payable by Beijing Capital to Capital Airports by way of cash. The remaining balance is payable from the date of approval by independent shareholders of Beijing Capital by way of cash. For the year ending June 30, 2014, T3D and Ancillary Assets reported unaudited book value of CNY 1.4 billion. The deal is subject to approval from the independent shareholders of Beijing Capital on December 18, 2014. As on December 18, 2014, the transaction is approved by shareholders of Beijing Capital International Airport Company. The deal was approved from the Board of Directors of Beijing Capital. The Independent Board Committee, comprising Japhet Sebastian Law, Wang Xiaolong, Jiang Ruiming and Liu Guibin, has been established to advise the independent shareholders of Beijing Capital International. The Independent Board Committee of Beijing Capital International recommends the Independent Shareholders to vote in favor of the relevant resolutions to approve the assets transfer agreement. The acquisition will have a positive effect on the earnings of Beijing Capital International. Lenny Li of Platinum Securities Company acted as financial advisor to the Independent Board Committee and the shareholders of Beijing Capital International Airport. William Chen, Aaron Lin and Eddie T. W. Yiu of Jones Lang LaSalle Corporate Appraisal and Advisory Limited acted as independent property valuer to Beijing Capital International Airport Company Limited. UBS Securities Co. Limited acted as financial advisor to Beijing Capital International Airport Company Limited. Tian Yuan Law Firm acted as legal advisor for Beijing Capital International Airport Company Limited.

Beijing Capital International Airport Company Limited (SEHK:694) completed the acquisition of T3D and Ancillary Assets from Capital Airports Holding Co., Ltd. in January, 2015.