exv4w3w2






Exhibit 4.3.2




Execution Copy



Dated 12th September 2007



This Amendment Agreement is entered into between the parties signing below in relation to a
Shareholders Agreement dated 17th September 2004 and entered into between all of them
(or their predecessors-in-title) except for Uni-Asia Limited (“Shareholders Agreement”).



By an agreement dated 5 Sept 2007, the Company agreed to issue up to 19,020.27 US$0.1 Class D
preference shares (“New Shares”) to Uni-Asia Limited (“Series D Investor”). It was a condition of
the Series D Investor agreeing to subscribe for the New Shares that each of the Shareholders and
the Company (who, together with the Series D Investor, are referred to herein as “Parties” and each
a “Party”) have agreed to enter into this Amendment Agreement so as to govern the terms upon which
shares shall be held in the Company.



Terms and Expressions defined in the Shareholders Agreement shall, save where amended by the terms
of this Amendment Agreement, have the same meaning herein. References to clause numbers shall mean
the clause with such number in the Shareholders Agreement.



In consideration of the foregoing and of the mutual covenants and undertakings of the Parties, the
Parties have agreed that the following amendments shall apply to the Shareholders Agreement with
effect from the date hereof:-





	1.	 	At Clause 1.1, the definition of “Investors” shall be amended so that the words “and/or
Series D Investor” are added at the end thereof.
	 
	2.	 	Clause 7.2 (c) shall be amended to read as follows:-
	 
	 	 	“The Series A Investors, the Series B Investors, the Series C Investors and the Series D
Investor shall by majority vote be entitled to elect one Director while AsiaStar IT Fund L.P.
continues to enjoy the right under Clause 7.2(b) to elect one Director, and shall be entitled
to elect two Directors at such time as AsiaStar IT Fund L.P. no longer enjoy the rights to
elect one Director under Clause 7.2(b).”
	 
	3.	 	At Clause 7.3, the words “[Intentionally omitted"] shall be deleted and substituted by the
following:-
	 
	 	 	“The Series D Investor shall be entitled to appoint a single observer to attend meetings
of the Board. Such observer shall be entitled to receive notices of such meetings pursuant to
Clause 7.8 and the minutes thereof pursuant to Clause 7.11 subject to the observer confirming
that it shall keep such information confidential and shall be subject to the same standard of
duties as required by a Director in respect of its use of the same




 









 












and provided further that
such observer shall not be entitled to vote upon any matter considered at a board meeting and
only contribute to the matters discussed at such meeting when invited to do so by a majority
of the Board.”




	4.	 	At Clause 8.1, the references to the “B” Directors shall be amended by the following
wording:-





	 	 	 	 	 
	 

	 	““B” Director appointed by Series C Investor
	 	: Jerry Sze
	 

	 	“B” Director appointed by Series A, B, C and D Investors
	 	: John Zwaanstra”







	5.	 	Clause 11.1(i) and Clause 11.2(h) shall be deleted, as the references to Redgate Media (HK)
Limited’s rights under the Profit Target Agreement with Starsome Limited have expired.






	6.	 	At Clause 20.13.2, the following be added at the end thereof:-





	 	 	 	 	 
	 

	 	“Series D Investor
	 	 
	 

	 	Address c/o Massaleh Investments	 	 
	 

	 	P.O. Box 719	 	 
	 

	 	Safat, Kuwait 13008	 	 
	 

	 	Chamber of Commerce Building 3rd Floor	 	 
	 

	 	Email Address: Ahmed@Massalehinvest.com	 	 
	 

	 	With a copy to:	 	 
	 

	 	Loeb, Block & Partners LLP	 	 
	 

	 	505 Park Avenue	 	 
	 

	 	9th Floor	 	 
	 

	 	New York	 	 
	 

	 	N.Y. 10022	 	 
	 

	 	Attention: M. Stephen Rasch, Esq.	 	 
	 

	 	Email Address: SRasch@loebblock.com”	 	 







	7.	 	At Schedule 2:-






	 	(i)	 	the reference to “Philip Henry Geier Jr.” shall be replaced by “Geier Holdings
LLC”;
	 
	 	(ii)	 	that the words “Baker Tilly Purserblade Asia Limited Class A 626.73” shall be
deleted and substituted by:-




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	“Paul Justin Hallett
	 	Class A
	 	 	376.04
	 	 	 	 	 	 	 
	Rupert James Purser
	 	Class A
	 	250.69”








	 	(iii)	 	At the end of Schedule 2, the following shall be added:-





	 	 	 	 	 	 	 
	“Uni-Asia Limited
	 	Class D
	 	 	19,020.27





Save as set out herein, the Shareholders Agreement shall remain in full force and effect and
unamended.



In witness whereof the Parties have executed this Amendment Agreement on the date abovementioned.




	 	 	 	 	 	 	 
	SIGNED BY Peter Bush Brack

	 	 	)	 	 	/s/ Peter Bush Brack
	FOR AND ON BEHALF OF

	 	 	)	 	 	 
	REDGATE MEDIA INC.

	 	 	)	 	 	 
	in the presence of Robert Yung

	 	 	)	 	 	/s/ Robert Yung
	 
	 	 	 	 	 	 
	SIGNED SEALED AND DELIVERED BY

	 	 	)	 	 	 
	ZHU YING

	 	 	)	 	 	/s/ Zhu Ying
	in the presence of Robert Yung

	 	 	)	 	 	/s/ Robert Yung
	 
	 	 	 	 	 	 
	SIGNED SEALED AND DELIVERED BY

	 	 	)	 	 	 
	ROBERT WILLIAM HONG-SAN YUNG

	 	 	)	 	 	/s/ Robert William Hong-San Yung
	in the presence of Emily Kwok

	 	 	)	 	 	/s/ Emily Kwok
	 
	 	 	 	 	 	 
	SIGNED SEALED AND DELIVERED BY

	 	 	)	 	 	 
	PETER BUSH BRACK

	 	 	)	 	 	/s/ Peter Bush Brack
	in the presence of Emily Kwok

	 	 	)	 	 	/s/ Emily Kwok






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	SIGNED SEALED AND DELIVERED BY

	 	 	)	 	 	 
	PAUL JOHN PHEBY

	 	 	)	 	 	/s/ Paul John Pheby
	in the presence of Cherie Wan

	 	 	)	 	 	/s/ Cherie Wan
	 
	 	 	 	 	 	 
	SIGNED SEALED AND DELIVERED BY

	 	 	)	 	 	 
	JULIE CHRISTINE PETER

	 	 	)	 	 	/s/ Julie Christine Peter
	in the presence of Belinda Ladio Espiritu

	 	 	)	 	 	/s/ Belinda Ladio Espiritu
	 
	 	 	 	 	 	 
	SIGNED SEALED AND DELIVERED BY

	 	 	)	 	 	 
	REGINALD KUFELD BRACK JR.

	 	 	)	 	 	/s/ Reginald Kufeld Brack Jr.
	in the presence of Barbara Brack

	 	 	)	 	 	/s/ Barbara Brack
	 
	 	 	 	 	 	 
	SIGNED SEALED AND DELIVERED BY

	 	 	)	 	 	 
	AYAZ HATIM EBRAHIM

	 	 	)	 	 	/s/ Ayaz Hatim Ebrahim
	in the presence of Leung Yee Man

	 	 	)	 	 	/s/ Leung Yee Man
	 
	 	 	 	 	 	 
	SIGNED SEALED AND DELIVERED BY

	 	 	)	 	 	 
	Philip Henry Geier Jr.

	 	 	)	 	 	/s/ Philip Henry Geier Jr
	FOR AND ON BEHALF OF

	 	 	)	 	 	 
	GEIER HOLDINGS LLC

	 	 	)	 	 	 
	in the presence of Juliana Mardones

	 	 	)	 	 	/s/ Juliana Mardones






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	SIGNED SEALED AND DELIVERED BY

	 	 	)	 	 	 
	REGINALD KUFELD BRACK III

	 	 	)	 	 	/s/ Reginald Kufeld Brack III
	in the presence of Jill Brack

	 	 	)	 	 	/s/ Jill Brack
	 
	 	 	 	 	 	 
	SIGNED SEALED AND DELIVERED BY

	 	 	)	 	 	 
	RUPERT JAMES PURSER

	 	 	)	 	 	/s/ Rupert James Purser
	in the presence of Chan Chi Kit

	 	 	)	 	 	/s/ Chan Chi Kit
	 
	 	 	 	 	 	 
	SIGNED SEALED AND DELIVERED BY

	 	 	)	 	 	 
	PAUL JUSTIN HALLETT

	 	 	)	 	 	/s/ Paul Justin Hallett
	in the presence of Nick Feletcher

	 	 	)	 	 	/s/ Nick Feletcher
	 
	 	 	 	 	 	 
	SIGNED SEALED AND DELIVERED BY

	 	 	)	 	 	 
	YANG CHA

	 	 	)	 	 	/s/ Yang Cha
	in the presence of Ying Zhu

	 	 	)	 	 	/s/ Ying Zhu
	 
	 	 	 	 	 	 
	SIGNED SEALED AND DELIVERED BY

	 	 	)	 	 	 
	John Pridjian

	 	 	)	 	 	/s/ John Pridjian
	FOR AND ON BEHALF OF

	 	 	)	 	 	 
	MERCURIUS PARTNERS LLP

	 	 	)	 	 	 
	in the presence of Gayane Pridjian

	 	 	)	 	 	/s/ Gayane Pridjian






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	SIGNED SEALED AND DELIVERED

	 	 	)	 	 	 
	Jerry Sze

	 	 	)	 	 	/s/ Jerry Sze
	FOR AND ON BEHALF OF

	 	 	)	 	 	 
	ASIASTAR IT FUND, L.P.

	 	 	)	 	 	 
	in the presence of Carole Ji

	 	 	)	 	 	/s/ Carole Ji
	 
	 	 	 	 	 	 
	SIGNED SEALED AND DELIVERED BY

	 	 	)	 	 	 
	JOHN PRIDJIAN

	 	 	)	 	 	/s/ John Pridjian
	in the presence of Gayane Pridjian

	 	 	)	 	 	/s/ Gayane Pridjian
	 
	 	 	 	 	 	 
	SIGNED SEALED AND DELIVERED BY

	 	 	)	 	 	 
	LAU YAT FAN

	 	 	)	 	 	/s/ Lau Yat Fan
	in the presence of Ying Zhu

	 	 	)	 	 	/s/ Ying Zhu
	 
	SIGNED SEALED AND DELIVERED

	 	 	)	 	 	 
	Ahmed Al-Saleh

	 	 	)	 	 	/s/ Ahmed Al-Saleh
	FOR AND ON BEHALF OF

	 	 	)	 	 	 
	UNI-ASIA LIMITED

	 	 	)	 	 	 
	in the presence of Robert Yung

	 	 	)	 	 	/s/ Robert Yung







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