The shareholders of China Natural Investment Company Limited (SEHK: 8250) authorized a share repurchase program at its Annual General Meeting held on November 10, 2011. Under the program, the company will repurchase up to 110,833,489 shares, representing 10% of its issued share capital. Any repurchase will be made out of funds which are legally available for the purpose in accordance with the memorandum of association and bye-laws of the company and the Companies Act. The repurchases will be in accordance with laws and requirements and regulations of the Growth Enterprise Market of Stock Exchange of Hong Kong Limited or on any other stock exchange on which the shares of the company may be listed and recognized by the Securities and Futures Commission and the Stock Exchange of Hong Kong Limited for this purpose, subject to and in accordance with all applicable laws and requirements of the Securities and Futures Commission, the Stock Exchange of Hong Kong Limited or any other stock exchange as amended from time to time. The program shall be valid until the earliest of the conclusion of the next Annual General Meeting, or the expiration of the period within which the next Annual General Meeting of the company is required by the articles of association of the company, the Companies Law of the Cayman Islands or any other applicable law of the Cayman Islands to be held or the passing of an ordinary resolution by the shareholders of the company in general meeting revoking or varying the authority given to the directors of the company by this resolution. As of November 10, 2011, the company has 1,108,334,892 shares in issue.


China Natural Investment's share repurchase program expired on January 8, 2013. Under the program, the company has made no repurchases.