Corporate Milestone
 
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History and Milestones

   
2008-08 Successfully carried out the Rights Issue to raise approximately HK$136.9 million before expenses by way of rights to the Shareholders at a price of HK$ 1.08 per Rights Share.
   
2008-04 Change of the company’s name from Venture International Investment Holdings Limited to Green Global Resources Limited was approved by the Hong Kong Registrar of Companies on 2 April 2008.
   
2008-03 Disposal of the entire equity interest in Grand Panorama Group to a third party.

Entered into a Cooperation Agreement with Tian Lan for the 5532 Project.

Entered into a Cooperation Agreement with a Hainan Partner for the sale of Jatropha saplings and the eventual sale and purchase of the Jatropha seeds from the Jatropha trees.

Entered into a Cooperation Agreement with the Lao National Authority for Science and Technology for the establishments of three commercially-based bio-energy research and development and training centres in Lao PDR.
   
2008-02 Successfully raised approximately HK $ 46,500,000 (~ US $ 6,000,000) through the private placement of new shares to one party.
   
2007-12 Formation of Hainan Joint Venture with a PRC partner for the setting up of a Jatropha nursery in Hainan.

Formation of Laos Joint Venture with a Lao partner to commercialize Jatropha by establishing plantation and investing in research and development.
   
2007-11 Completed the setting up of a Jatropha nursery in Hainan.
   
2007-10 Completed the cultivation of 200,000 Chinese mu (~ 13,300 hectares) of salix in Inner Mongolia.
   
2007-07 Acquired of Quest Asia Development Limited and gained access to further land use rights in Inner Mongolia for the cultivation of 800,000 Chinese mu (~ 53,000 hectares) of licorice and 2,200,000 Chinese mu (~ 147,000 hectares) of salix.

Completed the plantation of 8,000 Chinese mu (~ 533 hectares) of licorice in Inner Mongolia.
   
2007-06 Successfully raised approximately HK $ 113,000,000 (~ US $ 14,500,000) through the private placement of new shares.
   
2007-03 Acquisition of Huge Value Development Limited, the Group’s first investment in China’s agro-conservation sector with access to land use rights for the cultivation of 1,000,000 Chinese mu (~ 67,000 hectares) of land in Inner Mongolia.
   
2007-02 Key Board and management changes.
   
2007-01 Transformation of the Groups business focus from IT to agri-business and land conservation Successfully raised HK $ 23,500,000 (~ US $ 3,000,000) through the private placement of new shares.
 
 

Key corporate milestones between 1993 to 2006

 
2006

The name of the holding company was changed from Technology Venture Holdings Limited to Venture International Investment Holdings Limited on 31 May 2006

   
1999

Reorganization of the Group in preparation for the listing of its shares on the Stock Exchange of Hong Kong. The shares commenced trading on 6th July 1999

   
1993

Establishment of the Group

 
 
 
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