Chen Ying Zhen entered into a share purchase agreement to acquire 74.17% stake in China.com Inc. (SEHK:8006) from chinadotcom Mobile Interactive Corporation and CDC Liquidation Trust for approximately HKD 330 million on January 13, 2013. Chen Ying Zhen will acquire 79.5 million shares at a price of HKD 4.1 per share. chinadotcom Mobile Interactive held 79.05 million shares representing 73.75% stake and CDC Liquidation Trust held 0.45 million shares representing 0.42% stake in China.com Inc. As of February 14, 2013, Chen Ying Zhen will make an offer to acquire remaining 25.83% stake and for also for outstanding share options in China.com Inc. The purchase price will be financed from internal resources of Chen Ying.

Somerley Limited acted as financial advisor for China.com Inc. Moelis & Company acted as financial advisor for CDC Liquidation Trust and chinadotcom Mobile Interactive Corporation.