SECTION I: GENERAL..............................................................

............................................................................I
DEFINITIONS AND ABBREVIATIONS...................................................
..............................................................I
PRESENTATION OF FINANCIAL, INDUSTRY AND MARKET DATA ............................
.............................XII
FORWARD LOOKING STATEMENTS .....................................................
........................................................ XIII
SECTION II: RISK FACTORS .......................................................
.................................................................XIV
SECTION III: INTRODUCTION ......................................................
................................................................... 1
SUMMARY OF INDUSTRY.............................................................
....................................................................... 1
SUMMARY OF OUR BUSINESS, STRENGTHS AND STRATEGY.................................
.................................. 5
SUMMARY FINANCIAL INFORMATION ..................................................
....................................................... 11
THE ISSUE ......................................................................
................................................................................
........ 15
GENERAL INFORMATION ............................................................
...................................................................... 20
CAPITAL STRUCTURE...............................................................
.......................................................................... 28
OBJECTS OF THE ISSUE ...........................................................
........................................................................... 36
BASIS FOR ISSUE PRICE...........................................................
........................................................................... 39
STATEMENT OF GENERAL TAX BENEFITS ..............................................
..................................................... 41
SECTION IV: ABOUT THE COMPANY...................................................
....................................................... 46
INDUSTRY OVERVIEW ..............................................................
......................................................................... 46
REORGANISATION .................................................................
............................................................................. 65
OUR BUSINESS....................................................................
................................................................................
.. 71
REGULATIONS AND POLICIES........................................................
.................................................................. 89
HISTORY AND CERTAIN CORPORATE MATTERS...........................................
............................................. 93
OUR MANAGEMENT .................................................................
........................................................................102
OUR PROMOTERS AND GROUP COMPANIES...............................................
...............................................113
RELATED PARTY TRANSACTIONS......................................................
..........................................................127
DIVIDEND POLICY.................................................................
............................................................................128
FINANCIAL STATEMENTS ...........................................................
....................................................................129
MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATION ......................................................................
................................................................................
...165
FINANCIAL INDEBTEDNESS .........................................................
..................................................................185