09:58 START TECH<00706> - Announcement (4) less than 25%, the Acquisition constitutes a discloseable transaction for the Company. A circular containing further details of the Acquisition will be despatched to the shareholders of the Company as soon as possible. DEFINITIONS In this announcement, the following expressions shall, unless the context requires otherwise, have the following meanings: "Acquisition" the acquisition of 30% direct or indirect interests in Loten pursuant to the Sale and Purchase Agreement "Actual Result" the audited net profit of Loten (prepared in accordance with PRC GAAP) for the 24 calendar months immediately after the completion of the Acquisition "ATM" automatic teller machines "Company" Start Technology Company Limited, a company incorporated in Bermuda with limited liability, the shares of which are listed on the Main Board of the Stock Exchange "Consideration" the consideration payable by the Company to the Vendors for the Acquisition (subject to adjustment as referred to in the paragraph headed "Consideration" in this announcement) "Directors" the directors of the Company "Group" the Company and its subsidiaries "HK$" Hong Kong dollars, the lawful currency of Hong Kong "Hong Kong" the Hong Kong Special Administrative Region of the PRC "Independent a party who is independent from and not Third Party" connected with the directors, chief executive or substantial shareholders of the Company or any of its subsidiaries or any of their respective associates (within the meaning of the Listing Rule) "Listing Rules" the Rules Governing the Listing of Securities on the Stock Exchange "Loten" * (Loten Technology Co., Ltd.), a limited company established in the PRC on 14 September 2001 "PRC" the People's Republic of China "PRC GAAP" the generally accepted accounting principles in the PRC "RMB" Renminbi yuan, the lawful currency of the PRC "Sale and Purchase the sale and purchase agreement dated 29 Agreement" March 2005 entered into between the Vendors and the Company in relation to the Acquisition "Stock Exchange" The Stock Exchange of Hong Kong Limited "Vendors" two Independent Third Parties who own