Page 21 - China Mobile Limited - Annual Report 2012

China Mobile Limited
Annual Report 2012
19
Milestones
2010
10 March
The Company’s wholly-owned subsidiary, Guangdong
Mobile and Shanghai Pudong Development Bank Co., Ltd.
(“SPD Bank”), entered into a share subscription agreement
to acquire 20% interest in SPD Bank at a consideration of
RMB39.5 billion. Completion of the subscription took place
in October.
On 25 November, China Mobile Limited and SPD Bank
entered into a strategic cooperation agreement, thereby
officially commenced their cooperation in areas of mobile
finance and mobile e-Commerce businesses.
2012
23 August
The Company’s wholly-owned subsidiary, CMC, entered
into a share subscription agreement with ANHUI USTC
IFLYTEK Co. Ltd (“Anhui USTC”) to acquire 70,273,935
ordinary shares of Anhui USTC, representing 15% of its
enlarged issued share capital, in an effort to speed up our
mobile Internet deployment.
2006
28 March
China Mobile (Hong Kong) Limited completed the
acquisition and privatization of former China Resources
Peoples Telephone Company Limited which later changed
its name to China Mobile Peoples Telephone Company
Limited. China Mobile Peoples Telephone Company
Limited became a wholly-owned subsidiary of China Mobile
(Hong Kong) Limited. China Mobile Peoples Telephone
Company Limited changed its name later to China Mobile
Hong Kong Company Limited.
29 May
China Mobile (Hong Kong) Limited changed its name to
China Mobile Limited.
8 June
China Mobile Limited entered into a memorandum of
understanding with News Corporation and STAR Group
Limited to build a long-term wireless media strategic
alliance.
2007
22 & 23 October
The 10th anniversary of China Mobile Limited’s listings on
the HKEx and NYSE.
2009
29 April
China Mobile Limited entered into a share subscription
agreement with Far EasTone Telecommunications Co., Ltd.
(“Far EasTone”) to acquire, through its wholly-owned
subsidiary, 444,341,020 shares of Far EasTone, representing
12% of its enlarged issued share capital.