Page 70 - China Mobile Limited - Annual Report 2012

China Mobile Limited
Annual Report 2012
64
Report of Directors
Substantial Shareholders’ and Other Persons’ Interests and Short Positions in Shares
and Underlying Shares
The Company has been notified of the following interests in the Company’s issued shares as at 31 December 2012
amounting to 5% or more of the ordinary shares in issue:
Ordinary shares held Percentage of
total issued
share capital directly indirectly
(i) China Mobile Communications Corporation
(“CMCC”) – 14,890,116,842 74.08%
(ii) China Mobile (Hong Kong) Group Limited
(“CMHK (Group)”) – 14,890,116,842 74.08%
(iii) China Mobile Hong Kong (BVI) Limited
(“CMHK (BVI)”) 14,890,116,842 – 74.08%
Note: In light of the fact that CMCC and CMHK (Group) directly or indirectly control one-third or more of the voting rights in the shareholders’ meetings of
CMHK (BVI), in accordance with the SFO, the interests of CMHK (BVI) are deemed to be, and have therefore been included in, the interests of CMCC
and CMHK (Group).
Apart from the foregoing, as at 31 December 2012, no persons, other than a director or chief executive of the Company,
had any interests or short positions in the shares and underlying shares of the Company as recorded in the register required
to be kept under section 336 of the SFO.
Connected Transactions
Continuing Connected Transactions
Details of the continuing connected transactions are set out in note 37 to the financial statements.
For the financial year ended 31 December 2012, the following continuing connected transactions (the “Continuing Connected
Transactions”) have not exceeded their respective upper limits:
(1) rental and property management service charges paid by the Group to CMCC did not exceed RMB1,000 million. The
charges payable by the Group in respect of properties owned by CMCC and its subsidiaries are determined with
reference to market rates whilst the charges payable in respect of properties which CMCC or its subsidiaries lease
from third parties and sub-let to the Group are determined according to the actual rent payable by CMCC or its
subsidiaries to such third parties together with the amount of any tax payable;
(2) telecommunications service charges, prices of transmission towers and spare parts and the charges payable for
installation and maintenance services in respect of transmission towers paid by the Group to CMCC did not exceed
RMB2,500 million. The telecommunications service charges, prices of transmission towers and spare parts and the
charges payable for installation and maintenance services in respect of transmission towers are determined with
reference to and cannot exceed relevant standards laid down and revised from time to time by the government of the
PRC. Where there are no government standards, the prices and charges are determined according to market rates;
the charges in respect of the “Village Connect” project and the construction of the TD-SCDMA network payable by
CMCC and its subsidiaries to the Group did not exceed RMB2,400 million;