16 August 2008 - JSM advised Minmetals Land Limited (Stock Code: 230) on the acquisition of HK$537.2 million by the allotment and issue of a total of 340 million Consideration Shares to June Glory International Limited at the direction of the Cheemimet Finance Limited, at HK$1.58 per Consideration Share. As a result, June Glory International Limited holds approximately 67.93% of the entire issued share capital of the Company. The transaction was completed on 15 August 2008.