SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 14, 2004
China Cable and Communication, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 2-98997-NY 11-2717273
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
No. 22 Bei Xin Cun Hou Street, Xiang Shan, Haidian District
Beijing 100093, the People's Republic of China
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (86) 10-8259 9426
Item 7. Financial Statements and Exhibits.
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Exhibit
Number Exhibit Title
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99.1 News Release Dated June 14, 2004
Item 9. Regulation FD Disclosure.
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In a press release dated June 14, 2004, China Cable and Communication, Inc.
(the "Company") announced that it has entered into an agreement to acquire, in a
number of phases, from Bejijing Zhongminjing Technology Development Co., Ltd.,
through an arms length commercial transaction, a two core fiber optic backbone
network covering 410 cities throughout China. This backbone network covers all
23 provides, 5 autonomous regions, and 4 centrally administrative
municipalities. Completion of this transaction is subject to due diligence and
third party determination of the values upon which the purchase price will be
based.
The total physical length of 34,800 Km optical fiber was laid and passed
the acceptance tests set out by the Ministry of Information Industry ("MII") of
the People's Republic of China in November 2000. The acceptance license was
issued by MII in the same year. This fiber optics backbone network is not yet
equipped with a transmission and switching system. The Company will undertake,
or will provide leases to service providers, to fully equip systems for this
backbone network in order to provide support to a wide range of communication
protocols and services capabilities. The construction cost of the network is
estimated at RMB 2 billion (approx. US$235 million). The final contract purchase
price of this fiber optic backbone network will be based on the appraised value
determined by internationally renowned valuation experts.
In accordance with General Instruction B.2 of Form 8-K, the information in
this report (including the exhibit) shall not be deemed "filed" for the purpose
of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed
incorporated by reference in any filing. This report does not constitute a
determination of whether any information included in this report is material.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: June 14, 2004 CHINA CABLE AND COMMUNICATION, INC.
By: /s/ Raymond Ying-Wai Kwan
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Raymond Ying-Wai Kwan,
Chief Executive Officer
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