10:09 GOLDIGIT ATOM<02362> - Announcement & Resumption (6) incorporation and does not have any assets (except for 302,479,600 Shares and the funds for payment under the Offer). Suiko Suiko is a company incorporated in Osaka, Japan with limited liability in 1985 and is engaged primarily in construction, installation and management of intelligent car parking systems in Japan. The entire share capital of Suiko is wholly owned by Mr. Masakazu Suzuki. Prior to entering into the S&P Agreement, neither of the Purchasers, their beneficial owners nor any parties acting in concert with any of them, owned any Shares or any voting rights over the Shares. Save for the entering into of the S&P Agreement, none of the Purchasers, their respective beneficial owners, their respective directors and parties acting in concert with any of them has dealt in any Shares during the six-month period immediately prior to the date of this announcement. INTENTION OF THE OFFEROR REGARDING THE GROUP The Offeror intends that the Group will continue its existing principal activities and will maintain the listing status of the Company on the Stock Exchange after closing of the Offer. However, the Offeror will conduct a review of the business operations and financial position of the Group with a view to formulating a business plan and strategy for the Group. Subject to the result of the review and should suitable investment or business opportunities arise, the Offeror may consider diversifying the business of the Group with an objective of broadening its income source. However, no such investment or business opportunities have been identified at this stage. The Offeror has no intention to re-deploy the employees or the fixed assets of the Group other than in its ordinary course of business. PROPOSED CHANGE OF BOARD COMPOSITION OF THE COMPANY The Board currently consists of four executive Directors, namely Mr. Lao Seng Peng, Mr. Cai Wei Min, Mr. Yeh Tung Ming and Mr. Wong Kin Ping, and three independent non-executive Directors, namely, Mr. Sun Juyi, Mr. Jiang Ming Le and Mr. Chan Sai Kwai. Apart from Mr. Sun Juyi, all of them have indicated, as at the date of this announcement, that they intend to resign from the office of director of the Company with effect from a date as permitted under the Takeovers Code and agreed upon by the Purchasers. The Purchasers intend to nominate Mr. Lawrence Chen, Mr. Tadayuki Oe, Mr. Masashi Ono and Mr. Akinobu Kataoka as executive Directors, Ms. Hin Yat Ha and Mr. Wong Yau Po as independent non-executive Directors and such appointment will take effect upon the posting of the Composite Document to the Shareholders, subject to the requirements under the Takeovers Code. In addition, the Offeror is in the process of inviting suitable candidates as independent non-executive Directors, the nomination of whom is yet to be finalized as at the date of this announcement. Set out below are the biographical details of the proposed Directors to be nominated by the Offeror: Mr. Lawrence Chen, aged 43, is a proposed executive Director. Mr. Chen is currently a registered psychologist of the Hong Kong Psychological Society and a licensed psychologist of the Board of