-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SKwkn4rn4d7gEDZbEfajKZqtJZ84fzqc3jmgtrfV80573dub2bZrYllU89vUBcjq XX58CxH2TVMik+shnEtLNA== 0001145549-07-000211.txt : 20070212 0001145549-07-000211.hdr.sgml : 20070212 20070212085423 ACCESSION NUMBER: 0001145549-07-000211 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070212 DATE AS OF CHANGE: 20070212 GROUP MEMBERS: ACTIS CHINA FUND 2, L.P. GROUP MEMBERS: ACTIS CHINA INVESTMENT HOLDINGS NO. 1 LIMITED GROUP MEMBERS: ACTIS EXECUTIVE CO-INVESTMENT PLAN, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: China GrenTech CORP LTD CENTRAL INDEX KEY: 0001347510 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-82439 FILM NUMBER: 07600403 BUSINESS ADDRESS: STREET 1: 16TH FLOOR, ZHONGYIN TOWER STREET 2: CAITIAN NORTH ROAD, FUTIAN DISTRICT CITY: SHENZHEN STATE: F4 ZIP: 518026 BUSINESS PHONE: (86 755) 8350-1796 MAIL ADDRESS: STREET 1: 16TH FLOOR, ZHONGYIN TOWER STREET 2: CAITIAN NORTH ROAD, FUTIAN DISTRICT CITY: SHENZHEN STATE: F4 ZIP: 518026 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Actis Capital LLP CENTRAL INDEX KEY: 0001341994 IRS NUMBER: 000000000 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 2 MORE LONDON RIVERSIDE CITY: LONDON STATE: X0 ZIP: SE1 2JT BUSINESS PHONE: 44 20 7234 5000 MAIL ADDRESS: STREET 1: 2 MORE LONDON RIVERSIDE CITY: LONDON STATE: X0 ZIP: SE1 2JT SC 13G 1 h01022sc13g.htm SCHEDULE 13G Schedule 13G
 

     
 
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No.     )*

China GrenTech Corporation Limited
(Name of Issuer)
ordinary shares, par value US$0.00002 each
(Title of Class of Securities)
16938P107**
(CUSIP Number)
December 31, 2006
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     o Rule 13d-1(c)

     þ Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

** The CUSIP Number relates to the Issuer’s ADRs. Each ADR represents 25 of the Issuer’s Ordinary Shares of par value US$0.00002 each.

 
 


 

                     
CUSIP No.
 
16938P107 
 

 

           
1   NAMES OF REPORTING PERSONS:
   
  Actis Capital LLP
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

  (a)   o
  (b)   þ
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  England
       
  5   SOLE VOTING POWER:
     
NUMBER OF   61,730,925
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   61,730,925
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  61,730,925
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  9.9%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  PN


 

                     
CUSIP No.
 
16938P107 
 

 

           
1   NAMES OF REPORTING PERSONS:
   
  Actis China Fund 2, L.P.
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

  (a)   o
  (b)   þ
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  England
       
  5   SOLE VOTING POWER:
     
NUMBER OF   61,730,925
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   61,730,925
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  61,730,925
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  9.9%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  PN


 

                     
CUSIP No.
 
16938P107 
 

 

           
1   NAMES OF REPORTING PERSONS:
   
  Actis Executive Co-Investment Plan, L.P.
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

  (a)   o
  (b)   þ
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Guernsey
       
  5   SOLE VOTING POWER:
     
NUMBER OF   1,172,888
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   1,172,888
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  1,172,888
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  0.2%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  PN


 

                     
CUSIP No.
 
16938P107 
 

 

           
1   NAMES OF REPORTING PERSONS:
   
  Actis China Investment Holdings No. 1 Limited
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

  (a)   o
  (b)   þ
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
  Mauritius
       
  5   SOLE VOTING POWER:
     
NUMBER OF   61,730,925
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   61,730,925
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  61,730,925
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  9.9%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  CO


 

       
ITEM 1 (a).
  NAME OF ISSUER:
 
   
 
  China GrenTech Corporation Limited (the “Issuer”)
 
   
ITEM 1 (b).
  ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:
 
   
 
  16th Floor, Zhongyin Tower, Caitian North Road, Futian District, Shenzhen,
 
  People’s Republic of China, 518026
 
   
ITEM 2 (a).
  NAME OF PERSON FILING:
 
   
 
  Actis Capital LLP (“Actis”)

 
  Actis China Fund 2, L.P. (“ACF2”)

 
  Actis Executive Co-Investment Plan, L.P. (“Plan”)

 
  Actis China Investment Holdings No.1 Limited (“ACIH”)

 
  (each a “Reporting Person” and collectively, the “Reporting Persons”). See Exhibits 2(A) and 2(B).
 
   
ITEM 2 (b).
  ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR, IF NONE, RESIDENCE:
 
   
 
  Actis and ACF2: 2 More London Riverside, London UK SE1 2JT.

 
  Plan: 13-15 Victoria Road, St Peter Port, Guernsey, Channel Islands, GY1 3ZD

 
  ACIH: Les Cascades, Edith Cavell Street, Port Louis, Mauritius
 
   
ITEM 2 (c)
  CITIZENSHIP:
 
   
 
  (i) Actis: England
 
  (ii) ACF2: England
 
  (iii) Plan: Guernsey
 
  (iv) ACIH: Mauritius
 
   
ITEM 2 (d).
  TITLE OF CLASS OF SECURITIES:
 
   
 
  ordinary shares
 
   
ITEM 2 (e).
  CUSIP NUMBER:
 
   
 
  16938P107
 
   
ITEM 3.
  Not Applicable

 


 

       
ITEM 4.
  OWNERSHIP:
 
   
 
  (a) Amount beneficially owned:
 
   
 
  (i) Actis: 61,730,925
 
  (ii) ACF2: 61,730,925
 
  (iii) Plan: 1,172,888
 
  (iv) ACIH: 61,730,925
 
   
 
  In aggregate, the Reporting Persons listed above beneficially own 61,730,925 ordinary shares.
 
   
 
  (b) Percent of class
 
   
 
  (i) Actis: 9.9%
 
  (ii) ACF2: 9.9%
 
  (iii) Plan: 0.2
 
  (iv) ACIH: 9.9%
 
   
 
  In aggregate, the Reporting Persons listed above beneficially own 61,730,925 ordinary shares, representing 9.9% of such class of shares.
 
   
 
  All percentages based on 625,000,000 ordinary shares outstanding as of April 4, 2006.
 
   
 
  (c) Number of shares as to which the person has:
 
   
 
  (i) Sole power to vote or to direct the vote:
 
   
 
    Actis: 61,730,925
 
    ACF2: 61,730,925
 
    Plan: 1,172,888
 
    ACIH: 61,730,925
 
   
 
  (ii) Shared power to vote or to direct the vote:
 
    Actis: 0
 
    ACF2: 0
 
    Plan: 0
 
    ACIH: 0
 
   
 
  In aggregate the Reporting Persons listed above have the power to vote or direct the vote of 61,730,925 ordinary shares.
 
   
 
  (iii) Sole power to dispose or to direct the disposition of:
 
   
 
    Actis: 61,730,925
 
    ACF2: 61,730,925
 
    Plan: 1,172,888
 
    ACIH: 61,730,925
 
   
 
  (iv) Shared power to dispose or to direct the disposition of:
 
   
 
    Actis: 0
 
    ACF2: 0
 
    Plan: 0
 
    ACIH: 0
 
   
 
  In aggregate the Reporting Persons listed above have the power to dispose or to direct the disposition of 61,730,925 ordinary shares.

 


 

       
ITEM 5.
  OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
 
   
 
  Not applicable
 
   
ITEM 6.
  OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
 
   
 
  Not applicable
 
   
ITEM 7.
  IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
 
   
 
  Not applicable
 
   
ITEM 8.
  IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
 
   
 
  Not applicable
 
   
ITEM 9.
  NOTICE OF DISSOLUTION OF GROUP:
 
   
 
  Not applicable
 
   
ITEM 10.
  CERTIFICATION:
 
   
 
  Not applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
       
 
Dated: February 9, 2007  
 
   
 
Actis Capital LLP  
 
   
 
By: /s/ Paul Owers  
 
     
 
   
 
Name: Paul Owers  
 
   
 
   
 
Title: Partner  
 
   
 
   
 
   
 
ACTIS CHINA FUND 2, L.P.  
 
   
 
By Actis Capital LLP, its Manager  
 
   
 
By: /s/ Anthony Halligan  
 
   
 
   
 
Name: Anthony Halligan  
 
   
 
   
 
Title: Partner  
 
   
 
   
 
   
 
ACTIS EXECUTIVE CO-INVESTMENT PLAN, L.P.
 
   
 
By Actis Co-Investment Limited, its General Partner  
 
   
 
By: /s/ Chris Le Galloudec  
 
   
 
   
 
Name: Chris Le Galloudec  
 
   
 
   
 
Title: Director  
 
   
 
   
 
   
 
ACTIS CHINA INVESTMENT HOLDINGS NO.1 LIMITED
 
   
 
By: /s/ Gaetan Bouic  
 
   
 
   
 
Name: Gaetan Bouic  
 
   
 
   
 
Title: Director  
 
   
 
   

 


 

EXHIBIT 2(A)
ITEM 2 IDENTITY AND BACKGROUND
This statement is being filed by Actis Capital LLP, an English limited liability partnership (“Actis”), whose principal business address is located at 2 More London Riverside, London UK SE1 2JT. This statement is also being filed by Actis China Fund 2, L.P., an English limited partnership (“ACF2”), whose principal business address is located at the same address as Actis, Actis is the manager of ACF2. This statement is also being filed by Actis Executive Co-Investment Plan, LP, a Guernsey limited partnership (“Plan”), whose principal business address is located at 13-15 Victoria Road, St Peter Port, Guernsey, Channel Islands, GY1 3ZD. The Plan is managed by Actis Co-Investment Plan Limited, a Guernsey private limited company and a wholly-owned subsidiary of Actis. This statement is also being filed by Actis China Investment Holdings No.1 Limited, a Mauritian private limited company (“ACIH”) whose principal business address is located at Les Cascades, Edith Cavell street, Port Louis, Mauritius. ACIH is a wholly owned subsidiary of ACF2.
On 17 December 2003, an affiliate of ACIH subscribed for certain convertible preference shares in the Issuer and for certain bonds exchangeable for ordinary shares in the Issuer (the “Actis Interest”). On 14 April 2004 and 6 July 2004, ACIH’s affiliate transferred the Actis Interest to ACIH. On 3 February 2005, ACIH’s affiliate transferred the entire share capital of ACIH to ACF2. On such date ACIH became a wholly-owned subsidiary of ACF2.
On 8 November 2005, ACF2 and the Plan entered into a co-investment agreement which provided that the Plan shall invest alongside ACF2 in each of its investments and that it should take a transfer of a percentage of each of its existing investments. The co-investment agreement provides that the Plan must hold its interest in each investment and dispose of its interest in each investment on the same terms as ACF2 (i.e. the Plan will follow the investment decisions of ACF2 in respect of its investments). The co-investment agreement includes a power of attorney given by the Plan to Actis in connection with the investments.
On 18 January 2006, in compliance with the requirements of the co-investment agreement, ACIH transferred 1.9% of the beneficial title to the Actis Interest to the Plan pursuant to a declaration of trust. ACIH remained the holder of the entire legal title to the Actis Interest.
Immediately prior to the Issuer’s initial public offering of ADRs on 4 April 2006, the entire Actis Interest was converted and exchanged for 76,154,000 ordinary shares of par value US$0.00002 each in the Issuer. Of these shares, 14,423,075 were sold in the public offering on 4 April 2006 (in the form of ADRs).
ACIH continues to hold 61,730,925 ordinary shares of par value US$0.00002 in the issuer representing 9.9% of the issued shares of such class. Beneficial title to 1,172,888 of such shares (representing 0.2% of the issued shares of such class) is held by the Plan.
Due to the relationships among them, the Reporting Persons may constitute a “group” for the purposes of Section 13(d) and 13(g) of the Securities Exchange Act of 1934, as amended. The Reporting Persons disclaim membership in such a group.

 


 

EXHIBIT 2(B)
Joint Filing Agreement
     Pursuant to Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to its statement on Schedule 13G shall be filed on behalf of each of the undersigned, without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other, except to the extent that it knows or has reason to believe that such information is accurate. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.
       
     Dated February 9, 2007
ACTIS CAPITAL LLP  
       
 
By: /s/ Paul Owers  
 
   
       
 
Name: Paul Owers  
 
   
       
 
Title: Partner  
 
   
       
       
 
ACTIS CHINA FUND 2, LP  
       
 
By Actis Capital LLP, its Manager  
       
 
By: /s/ Anthony Halligan  
 
   
       
 
Name: Anthony Halligan  
 
   
       
 
Title: Partner  
 
   
       
       
 
ACTIS EXECUTIVE CO-INVESTMENT PLAN, LP  
       
 
By Actis Co-Investment Limited, its General Partner  
       
 
By: /s/ Chris Le Galloudec  
 
   
       
 
Name: Chris Le Galloudec  
 
   
       
 
Title: Director  
 
   
       
       
 
ACTIS CHINA INVESTMENT HOLDINGS NO.1 LIMITED
       
 
By: /s/ Gaetan Bouic  
 
   
       
 
Name: Gaetan Bouic  
 
   
       
 
Title: Director  
 
   

 

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