Acquisition of Jiayi International Holdings Limited
On 4 March 2008, we invested in Jiayi International Holdings Limited via a convertible loan to secure a stake in the Fujian, China-based company. JIAYI is principally engaged in global sourcing and supply chain management for sports footwear and apparel; its is also a significant player in manufacturing of sports footwear for OEM customers, including six well-known international labels.
