Controlling Shareholder definition

Controlling Shareholder means any shareholder owning more than fifty

Controlling Shareholder of a corporation means a shareholder who or which holds (or another person who or which holds for the benefit of such shareholder), other than by way of security only, voting securities of such corporation carrying more than 50% of the votes for the election of directors, provided that the votes carried by such securities are sufficient, if exercised, to elect a majority of the board of directors of such corporation;

Controlling Shareholder means a person who:

Examples of Controlling Shareholder in a sentence

• Gansu Nongken Group is the Controlling Shareholder and is interested in 68,826,365 A Shares, representing approximately 34.9% and 29.62% of (i) the total issued A Shares; and (ii) the total issued A Shares and H Shares, respectively.

• As the Existing Master Management Agreement has expired on 4 May 2011 and the Company expects to continue the continuing connected transactions thereafter, the Company entered into the New Master Management Agreement with Maoye Holdings Limited on 10 June 2011 to govern the terms upon which the Group will provide store management services to the Controlling Shareholder Group with respect to the Store(s) for the next 3 years.

• Key terms of the New Master Management Agreement Parties: The Company Maoye Holdings Limited, a connected person Subject: Pursuant to the New Master Management Agreement, the Company agrees to provide store management services to the Controlling Shareholder Group with respect to the Store(s).

• Nongken Jinchang is a wholly owned subsidiary of Gansu Nongken Group, a Controlling Shareholder.

• Reference is made to the Prospectus and the announcement dated 19 May 2009 in relation to the continuing connected transactions between the Group and the Controlling Shareholder Group under the Existing Master Management Agreement.

More Definitions of Controlling Shareholder

Controlling Shareholder means any shareholder owning more than fifty percent (50%) of the stock in the corporation or more than twenty-five percent (25%) of the stock in the corporation if no other shareholder ownes a larger share of stock in the corporation.

Controlling Shareholder means a “controlling shareholder” of the Company, as such term is defined in Section 32(9)(a) of the Tax Ordinance.

Controlling Shareholder means a person who holds directly or indirectly 15% or more of the total number of issued shares excluding treasury shares in the company; or who in fact exercises control over the company.

Controlling Shareholder means a person who (i) holds directly or indirectly 15% or more of the total number of issued shares in the company excluding treasury shares (the SGX-ST may determine that such person is not a controlling shareholder) or (ii) in fact exercises control over a company;

Controlling Shareholder has the meaning as given in the Listing Rules;

Controlling Shareholder means a “controlling shareholder” within the meaning of Section 32(9) of the Ordinance, currently defined as an individual who prior to the grant or as a result of the grant or exercise of any Award, holds or would hold, directly or indirectly, in his name or with a relative (as defined in the Ordinance) (i) 10% of the outstanding shares of the Company, (ii) 10% of the voting power of the Company, (iii) the right to hold or purchase 10% of the outstanding equity or voting power, (iv) the right to obtain 10% of the “profit” of the Company (as defined in the Ordinance), or (v) the right to appoint a director of the Company.

Controlling Shareholder means a shareholder holding, directly or indirectly, 90 per cent (or such other percentage above 90 per cent as provided in the Articles of Incorporation) or more of the Company’s voting rights as calculated in accordance with the Companies Act;