SCHEDULE To
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE TO
Tender Offer Statement Under Section 14(d)(1) or 13(e)(1)
of the Securities Exchange Act of 1934
(Amendment No. 1)
JILIN CHEMICAL INDUSTRIAL COMPANY LIMITED
(Name of Subject Company)
PETROCHINA COMPANY LIMITED
(Name of Filing Person (Offeror))
American Depositary Shares, Foreign
Invested Shares (H Shares),
Par Value RMB 1.00 Per Share
(Title of Class of Securities)
477418107
(CUSIP Number of Class of Securities)
Li Huaiqi
Secretary
PetroChina Company Limited
16 Andelu
Dongcheng District, Beijing 100011
The Peoples Republic of China
(+86 10) 8488-6270
(Name, Address and Telephone Number of Persons Authorized to Receive Notices
and Communications on Behalf of filing persons)
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Copy to:
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Lee Edwards, Esq.
Shearman & Sterling LLP
Suite 2318, China World Tower II
1 Jianguomenwai Dajie,
Chaoyang District
100004 Beijing, China
(+86 10) 6505-3399
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Michael Coleman, Esq.
Shearman & Sterling LLP
1080 Marsh Road
Menlo Park, CA 94025
(650) 838-3600
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CALCULATION OF FILING FEE
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Transaction Valuation* |
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Amount of Filing Fee** |
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$348,250,406
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$40,990 |
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*
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Estimated for purposes of calculating the amount of the filing fee only. Calculated by
multiplying HK$2.80, the per share tender offer price, by 964,778,000, the total amount of the
H Shares currently outstanding, including H Shares represented by American Depositary Shares,
and using a US$ / HK$ exchange rate of US$1 : HK$7.7570 as quoted by the Federal Reserve
Bank of New York on November 9, 2005. |
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**
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Calculated as 0.011770% of the transaction value. |
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Check the box if any part of the fee is
offset as provided by Rule 0-11(a)(2) and
identify the filing with which the
offsetting fee was previously paid.
Identify the previous filing by
registration statement number, or the Form
or Schedule and the date of its filing. |
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Amount Previously
Paid: $40,990
Filing Party: PetroChina Company Limited |
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Form or Registration No.: Schedule TO
Date Filed: November 16, 2005 |
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Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. |
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Check the appropriate boxes to designate any transactions to which the statement relates: |
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third-party tender offer subject to Rule 14d-1. |
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o
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issuer tender offer subject to Rule 13e-4. |
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going-private transaction subject to Rule 13e-3. |
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o
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amendment to Schedule 13D under Rule 13d-2. |
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Check the following box if the filing is a final amendment reporting the results of the tender offer: o |
INTRODUCTION
This
Amendment No. 1 amends and supplements the Tender Offer
Statement filed under cover of Schedule TO with the Securities
and Exchange Commission on November 16, 2005 by PetroChina
Company Limited, a joint stock limited company incorporated in the Peoples Republic of China with
limited liability (PetroChina), relating to the offer by PetroChina to purchase
(i) all outstanding foreign invested shares, par value RMB 1.00 per share (the H Shares) of Jilin
Chemical Industrial Company Limited, a joint stock limited company incorporated in the Peoples
Republic of China with limited liability (Jilin), at a purchase price of HK$2.80 per H Share, to
the seller in cash, and (ii) all H Shares represented by American Depositary Shares (ADSs) of
Jilin, at a purchase price of $HK280.00 per 100 H Shares represented by each ADS, to the seller in
cash, in each case without interest thereon and less any required withholding taxes and Hong Kong
stamp duties, upon the terms and subject to the conditions set forth in the Composite Offer and
Response Document Relating to the H Share Offer Class Meeting of the Jilin H Shareholders, dated
November 16, 2005, as amended and restated on December 9, 2005 (the Composite Document) and in the related Letter of Transmittal
(which, together with any amendments or
supplements thereto, collectively constitute the Offer). As more specifically outlined below,
the information set forth in the Composite Document is
incorporated herein by reference.
Item 1. Summary Term Sheet.
This information is set forth in the section of the Composite Document entitled SUMMARY OF
TERMS and QUESTIONS AND ANSWERS ABOUT THE H SHARE OFFER and is incorporated herein by reference.
Item 2. Subject Company Information.
(a) (b) This information is set forth in the section of Appendix VI to the Composite Document
entitled Information of Jilin and is incorporated herein by reference.
(c) This information is set forth in the section of the Composite Document entitled SPECIAL
FACTORS REGARDING THE H SHARE OFFER Historical Share Trading and Dividend Information and is
incorporated herein by reference.
Item 3. Identity and Background of Filing Person.
(a) (c)(1)(5) This information is set forth in the section of the Composite Document
entitled SPECIAL FACTORS REGARDING THE H SHARE OFFER Background of the H Share Offer and the
sections of Appendix V to the Composite Document entitled Information on PetroChina and
Information on CNPC and is incorporated herein by reference.
Item 4. Terms of the Transaction.
(a) This information is set forth in the sections of the Composite Document entitled SUMMARY
OF TERMS, QUESTIONS AND ANSWERS ABOUT THE H SHARE
OFFER, LETTER FROM PETROCHINA Our Intention
With Respect to Jilin, LETTER
1
FROM
CITIGROUP Information on the H Share Offer, SPECIAL FACTORS REGARDING THE H SHARE
OFFER PetroChinas Reasons for the H Share Offer and the A Share Offer, SPECIAL FACTORS
REGARDING THE H SHARE OFFER Certain Effects of the H Share
Offer, SPECIAL FACTORS REGARDING
THE H SHARE OFFER Material United States Federal Income Tax
Consequences and SPECIAL FACTORS REGARDING THE
H SHARE OFFER Accounting Treatment and in Appendix I to
the Composite Document and is incorporated herein by reference.
Item 5. Past Contacts, Transactions, Negotiations and Agreements.
(a) This information is set forth in the section of the Composite Document entitled SPECIAL
FACTORS REGARDING THE H SHARE OFFER Related Party
Transactions and note 29 on page II-35 of Appendix
II to the Composite Document and is incorporated herein by reference.
(b) This information is set forth in the section of Appendix I to the Composite Document
entitled SPECIAL FACTORS REGARDING THE H SHARE OFFER Background of the H Share Offer and is
incorporated herein by reference.
Item 6. Purposes of the Transaction and Plans or Proposals.
(a) This information is set forth in the section of the Composite Document entitled LETTER
FROM PETROCHINA Reasons for the H Share Offer and the A Share Offer and the section of the
Composite Document entitled SPECIAL FACTORS REGARDING THE H
SHARE OFFER PetroChinas Reasons for
the H Share Offer and the A Share Offer and is incorporated herein by reference.
(c)(1)-(7)
This information is set forth in the sections of the Composite Document entitled SUMMARY OF TERMS, QUESTIONS AND
ANSWERS ABOUT THE H SHARE OFFER,
LETTER FROM PETROCHINA Our Intention with Respect to Jilin, LETTER FROM CITIGROUP Further Terms of the H
Share Offer and the A Share Offer, SPECIAL FACTORS REGARDING THE H
SHARE OFFER PetroChinas Reasons for the H Share Offer and the A Share Offer and SPECIAL
FACTORS REGARDING THE H SHARE OFFER Certain Effects of the H Share Offer and is incorporated
herein by reference.
Item 7. Source and Amount of Funds or Other Consideration.
(a) This information is set forth in the sections of the Composite Document entitled LETTER
FROM CITIGROUP Information on the H Share Offer
Consideration for H Share Offer, LETTER FROM CITIGROUP
Information on the H Share Offer Financial
Resources Available for the H Share Offer and
QUESTIONS AND ANSWERS ABOUT THE H SHARE OFFER and is incorporated herein by reference.
(b) None.
(d) Not applicable.
Item 8. Interest in Securities of the Subject Company.
(a) This information is set forth in the sections of the Composite Document entitled SPECIAL
FACTORS REGARDING THE H SHARE OFFER Interests of Certain Persons in the H Share Offer, SPECIAL
FACTORS REGARDING THE H SHARE OFFER
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Transactions of Arrangements Concerning the Jilin A Shares or the Jilin H Shares and the
section of Appendix V to the Composite Document entitled Interests in the Jilin Shares and is
incorporated herein by reference.
(b) This information is set forth in the section of Appendix V to the Composite Document
entitled Dealings in the Jilin Shares and is incorporated herein by reference.
Item 9. Persons/Assets, Retained, Employed, Compensated or Used.
(a) This information is set forth in the section of the Composite Document entitled SPECIAL
FACTORS REGARDING THE H SHARE OFFER Persons Retained, Employed, Compensated or Used and is
incorporated herein by reference.
Item 10. Financial Statements.
Not applicable.
Item 11. Additional Information.
(a)(1) Not applicable.
(a)(2)
This information is set forth in the section of the Composite Document entitled SPECIAL FACTORS REGARDING THE H SHARE
OFFER Regulatory Approvals and is incorporated herein by reference.
(a)(3) Not applicable.
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(a)(4)
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This information is set forth in
the section of the Composite Document entitled SPECIAL FACTORS
REGARDING THE H SHARE OFFER Certain Effects of the
H Share Offer and is incorporated herein by reference. |
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(a)(5)
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Not applicable. |
(b) None.
Item 12. Material to Be Filed as Exhibits.
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(a)(1)
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Amended and Restated Composite
Document, dated December 9, 2005 (incorporated herein by reference to
Exhibit (a)(1) of the Schedule 13E-3/A filed by PetroChina and
Jilin with the SEC on December 9, 2005). |
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Item 13. Information Required by Schedule 13E-3.
Not applicable.
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After due 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:
December 9, 2005
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PETROCHINA COMPANY LIMITED
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By: |
/s/ Jiang Jiemin
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Name: |
Jiang Jiemin |
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Title: |
Vice Chairman and President |
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5
EXHIBIT INDEX
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Exhibit |
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No. |
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(a) (1)
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Amended and Restated Composite
Document, dated December 9, 2005 (incorporated herein by reference to
Exhibit (a)(1) of the Schedule 13E-3/A filed by PetroChina and
Jilin with the SEC on December 9, 2005). |
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