Dec. 2007, THE CARLYLE GROUP and its subsidiary company, Offshore Incorporations HK Limited ("OIL") successfully acquired the CIA Nominees Ltd. JoveOne Capital acted as the exclusive advisor to the seller in the transaction.

OIL is the largest and longest established company formation specialist in Asia serving professionals with worldwide incorporations. The CARLYLE GROUP purchased a majority stake in OIL in August, 2004.

OIL holds licenses for company formation in the premier jurisdictions of Anguilla, Bahamas, British Virgin Islands, Cayman Islands, Delaware, Hong Kong, Mauritius, Samoa, Seychelles and Singapore. OIL's clients include professional advisory firms, financial institutions, public companies and commercial enterprises. Their business is international in scope and spirit, working locally in partnership with their clients.

CIA is one of the largest and professional consultants providing the service of company global registration, assets protection and trust management. Their clients include the large lawyer firms, investment banks, venture capital companies, PE funds and public companies. With the acquisition of CIA, OIL will be the leading company formation specialist not only in the oversea market but also in China mainland market.

JoveOne Capital is a leading investment bank in providing private placement and mergers & acquisitions service in China. We focus on technology, Media, telecom, chain business and other high growth industries and provide our clients with best financial advice and services. We realize clients' value and beyond clients' expectation with our service, and develop together with our clients thru the realization of our clients' goals.