FAQ
Q: What is Giant Interactive’s core business?
A. We are a leading online game developer and operator in China in terms of market share, and focus on massively multiplayer online, or (”MMO”), games. We currently operate multiple games including the ZT Online Series, ZT Online 2, Giant Online, XT Online, and The Golden Land. Our pipeline of games includes Spirits of the Warriors, Elsword, and Allods Online.
Q: Where is Giant Interactive based?
A. Our headquarter is in Shanghai, China
Giant Interactive Group, Inc.
3rd Building, 700 Yishan Road
Xuhui District, Shanghai, P.R.C. 200233
Q: Where are Giant Interactive’s ADSs traded?
A. Giant Interactive is traded on the New York Stock Exchange (“NYSE”) under the symbol “GA”.
Q: When wasGiant Interactive’s initial public offering?
A. November 1, 2007
Q: How many of the Company's shares are outstanding?
A. As of June 30th, 2011, we have 235,495,344 fully diluted ordinary shares.
Q: What is Giant Interactive’s fiscal year and corresponding quarter-end dates?
A. We operate on a calendar year, which runs from January 1 - December 31. Quarter-ends are: March 31, June 30, September 30 and December 31.
Q: How can I get a copy of the annual report?
A. Our annual report is available through the following link from our website: http://www.ga-me.com/filings.php. We can provide a hard copy of its annual report on Form 20-F containing complete audited financial statements for the past three years ended December 31, free of charge, to our shareholders and ADS holders upon request. Requests should be directed to IR@ztgame.com.
Q: Does Giant Interactive pay a cash dividend?
A: Our board of directors has declared a cash dividend in 2009, 2010 and 2011, payable respectively to our shareholders as of record March 27, 2009 for a total amount of approximately US$40.8 million, as of record April 26, 2010 for a total amount of approximately US$40.9 million, and as of record March 18, 2011 for a total amount of approximately US$41.2 million. In 2011, our board of directors also declared a significant special cash dividend of US$3 per ordinary share, to our shareholders as of record August 31, 2011. The total amount of cash distributed in this special dividend is expected to be approximately $708.2 million net of one-time accrued withholding tax associated with the repatriation of cash for this special dividend intended to be paid, but may be subject to offshore withholding/income taxes and handling charges. In the future, cash dividends, if any, will be at the discretion of our board of directors, subject to the approval of our shareholders, and will depend upon our future operations and earnings, capital requirements and surplus, general financial conditions, shareholders’ interests, contractual restrictions and other factors as our board of directors may deem relevant.
Q: When is the ex-dividend date for the US$3 special cash dividend?
A. Pursuant to the rules of the NYSE, when a dividend is declared in a per share amount that exceeds 25% of a company's stock price, the date on which that company's shares will begin to trade without the dividend, or ex-dividend, is the first business day following the payable date, which is September 9, 2011. Therefore, the ex-dividend date has been set by the NYSE as September 12, 2011.
Q: Who is entitled to receive the US$3 special cash dividend?
A. Shareholders as of record August 31, 2011. However, pursuant to the due bill procedures, trades of its American Depositary Shares (ADSs) entered into before September 12, 2011 and settled after the record date (the "due bill period") will have a due bill attached for the special cash dividend payable on September 9, 2011. This means that shareholders who purchase these securities during the due bill period (even if the trades will settle after that due bill period) are entitled to receive the special cash dividend, and sellers who sell the securities during the due bill period (even if the trades will settle after the due bill period) are not entitled to the special cash dividend. Investors who enter into trades to purchase ordinary shares on or after September 12, 2011 will not be entitled to the special cash dividend payable on September 9, 2011.
Q: Will I receive the US$3 special cash dividend if I held ADSs on the record date of August 31, 2011 but then sell them before the ex-dividend date of September 12, 2011?
A. You initially are entitled to the dividend, but by operation of the due bills activated by NYSE, on selling the ADS after August 31, 2011, your dividend entitlement is transferred to the buyer of the ADSs through the due bills. You are advised to consult with your US broker or other US advisors on the consequence of shares trading with due bills.
Q: Will I receive the US$3 special cash dividend if I buy ADSs after the August 31, 2011 record date?
A. If you buy ADSs trading with due bills after August 31, 2011 and hold them up to the ex-dividend date of September 12, 2011, you will have an entitlement to the dividend on redemption of the due bills. You are advised to consult with your US broker or other US advisors on the consequence of shares trading with due bills.
Q: Who is the depository bank for Giant Interactive's ADSs?
A. The depository for our ADS program is Citibank NA located in 388 Greenwich Street, 14th Floor, New York, NY 10013. Tel: 1-877-CITIADR (1-877-248-4237)
Q: Who is Giant Interactive’s independent accountant?
A: Our independent Chartered Public Accountants is Ernst & Young Hua Ming, Shanghai, P.R.C.
Q: How do I contact investor relations?
A: If you have any inquiries, please contact:
China:
Rich Chiang, IR Manager
Giant Interactive Group, Inc.
Phone: +86-21-3397-9959
email:IR@ztgame.com
Hong Kong:
Mahmoud Siddig, Managing Director
Taylor Rafferty, Hong Kong
Phone: + (852) 3196 3712
e-mail:giantinteractive@taylor-rafferty.com
US:
Kelly Gawlik, Director
Taylor Rafferty, New York
Phone: + 1 (212) 889 4350
e-mail:giantinteractive@taylor-rafferty.com
|
