AMENDMENT TO THE ARTICLES OF ASSOCIATION. Article 5.1 of the Articles of Association shall be revised to read as follows: “The JV Company’s total amount of investment shall be increased by One Thousand One Hundred Million RMB (RMB 1,100,000,000) from Ten Thousand Four Hundred Ninety Four Million Nine Hundred Fifty Thousand RMB (RMB 10,494,950,000) to Eleven Thousand Five Hundred Ninety Four Million Nine Hundred Fifty Thousand RMB (RMB 11,594,950,000) while its registered capital shall be increased by Four Hundred Million RMB (RMB 400,000,000) from Five Thousand Five Hundred Thirty One Million Eight Hundred Forty Thousand RMB (RMB 5,531,840,000) to Five Thousand Nine Hundred Thirty One Million Eight Hundred Forty Thousand RMB (RMB 5,931,840,000). Of the increased amount of registered capital of Four Hundred Million RMB (RMB 400,000,000), each Party shall contribute a cash amount of Two Hundred Million RMB (RMB 200,000,000) to the JV Company’s capital account not later than 15 PRC banking days after the requirements for contribution of the increased registered capital are met (i.e. the Examination and Approval Authority has approved the Articles of Association Amendment No. 14 and the JV Company has provided certified copies of such approval to each of the Parties and the competent department of the State Administration of Foreign Exchange has approved the respective increase of the capital account of the JV Company). It is agreed by the Parties that Art. 5.3 and Art. 5.6 of the Articles of Association shall not apply to the increase of registered capital under the Articles of Association Amendment No. 14.”
AMENDMENT TO THE ARTICLES OF ASSOCIATION. Merger Agreement 27.04.2020 Within the process of the merger transaction, three articles of ŞİŞECAM's Articles of Association will be amended: Article 4 under the heading of "Purpose and Subject", article 7 under the heading of "Capital", article 21 (article 23 following the amendment) under the heading of "Amendments to the Articles of Association", after obtaining the necessary approvals and permissions from the Capital Markets Board, Energy Market Regulatory Authority, and other governmental authorities as may be required. Additionally, as being subject to the same approvals and permits, two new articles will be inserted to ŞİŞECAM's Articles of Association: Article 8 under the heading of "Shares and Share Transfers", and article 9 under the heading of "Merger and Demerger Provisions". Concerning these amendments to the Articles of Association, Board Resolutions, draft amendment texts and all other necessary documents will be disclosed through the Public Disclosure Platform.
AMENDMENT TO THE ARTICLES OF ASSOCIATION. 2.1 Article 5.1 of the Articles of Association shall be revised to read as follows: “The JV Company’s total amount of investment shall be Seven Thousand and Three Hundred Sixty-four Million and Four Hundred Thirty Thousand RMB (RMB 7,364,430,000), and its registered capital shall be Two Thousand and Nine Hundred Twenty One Million and Eight Hundred Forty Thousand RMB (RMB 2,921,840,000). The registered capital of the JV Company shall be increased in the year 2011 by Five Hundred Sixty Million RMB (RMB 560,000,000), thereby the total registered capital of the JV Company shall be Three Thousand and Four Hundred Eighty One Million and Eight Hundred and Forty Thousand RMB (RMB 3,481,840,000), if so necessitated by the business plan of the JV Company for the year 2011 and the Parties shall subscribe to such capital increase in equal proportion. Concurrently with such increase of the registered capital, the total investment of the JV Company shall be increased to the legally permissible maximum amount.”
2.2 Article 5.2.1 of the Articles of Association shall be revised to read as follows: “Party A’s contribution to the registered capital of the JV Company shall be One Thousand and Four Hundred Sixty Million and Nine Hundred Twenty Thousand RMB (RMB 1,460,920,000), representing fifty percent (50%) of the equity interest in the JV Company’s registered capital. Party A shall provide the following as its contribution to the JV Company’s registered capital:
(A) an amount of RMB cash equal to the difference between One Thousand and Four Hundred Sixty Million and Nine Hundred Twenty Thousand RMB (RMB 1,460,920,000), on the one hand, and, on the other hand, the value of the land use rights referred to in Section B below. Party A has already contributed Two Hundred Forty-eight Million and Three Hundred Sixty Thousand RMB (RMB 248,360,000) in cash into the capital account of the JV Company on January 18, 2008 and has contributed the land use rights referred to in Section B below at a value of Two Hundred and Fifty-eight Million Three Hundred and Ninety- two Thousand and Nine Hundred and Sixty-six RMB (RMB 258,392,966) and has contributed Nine Hundred Fifty-four Million and One Hundred Sixty-seven Thousand and Thirty-four RMB (RMB 954,167,034) in cash into the capital account of the JV Company on March 23, 2009;”
(B) those land use rights for the Site as further detailed and set forth in the Appendix 3 to the Contract, which have a total value appraised by an evaluation ins...
AMENDMENT TO THE ARTICLES OF ASSOCIATION. The Stock Exchange of Hong Kong Limited (the "Stock Exchange") has recently amended the Listing Rules which include, among other things, replacement of the Code of Best Practice in Appendix 14 with a new Code on Corporate Governance Practices (the "Code") and addition of a new Appendix 23 on the requirements for a Corporate Governance Report to be included in the annual reports of listed issuers. Subject to certain transitional arrangements, the amendments took effect on 1st January 2005. IMPORTANT ____________________________________________________________________________________________________________________ According to Article 87 of the Company's Articles of Association, at each annual general meeting one-third of the Directors for the time being (or, if their number is not a multiple of three(3), the number nearest to but not greater than one-third) shall retire and eligible for reelection. The chairman of the Board and/or the managing director of the Company shall not, whilst holding such office, be subject to retirement by rotation. In light of the Code that recommends every director, including those appointed for a specific term, should be subject to retirement by rotation at least once every three years, the Directors propose to amend the Articles of Association that all Directors, including the chairman and the managing director, shall be subject to retirement and re-election at the annual general meeting.
AMENDMENT TO THE ARTICLES OF ASSOCIATION. The Resolution presented by the Company at the General Meeting shall include a proposal to amend the Articles of Association in the manner provided by paragraph C of the draft Resolution set out in Exhibit C, incorporating such changes thereto as Company shall determine, provided the written consent of Purchaser is obtained (such consent not to be unreasonably withheld or delayed). 5.20
AMENDMENT TO THE ARTICLES OF ASSOCIATION. The amendment to the Articles of Association shall unanimously be agreed and decided by the Parties and the Board of directors and submitted to the original examination and approval authority for approval.
AMENDMENT TO THE ARTICLES OF ASSOCIATION. The Parties hereby agree to amend the Articles of Association as set forth in [Exhibit 2] hereto attached.
AMENDMENT TO THE ARTICLES OF ASSOCIATION. 2.1(A) of the Articles of Association shall be revised to read as follows: “an amount of RMB cash equal to the difference between Two Thousand and One Hundred Thirty-one Million and Two Hundred Fifty Thousand RMB (RMB 2,131,250,000), on the one hand, and, on the other hand, the value of the land use rights referred to in Section B below. Party A has already contributed Two Hundred Forty-eight Million and Three Hundred Sixty Thousand RMB (RMB 248,360,000) in cash into the capital account of the JV Company on January 18, 2008 and has contributed the land use rights referred to in Section B below at a value of Renminbi two hundred and fifty-eight million three hundred and ninety-two thousand nine hundred and sixty-six (RMB 258,392,966) and shall thus further contribute cash in the amount of Renminbi One Thousand and Six Hundred Twenty-four Million and Four Hundred Ninety Seven Thousand and Thirty Four (RMB 1,624,497,034).”
AMENDMENT TO THE ARTICLES OF ASSOCIATION of the Articles of Association shall be revised to read as follows: “The legal address of the JV Company shall be Xxxx 000, Xxxxxxxx Xxxxxxxxxxxxx Xxxxxxxx, Xxxxxxxx Road, Changshu City Economic Development Area, Changshu City, Jiangsu Province, PRC.”
AMENDMENT TO THE ARTICLES OF ASSOCIATION. 2.1 Article 5.1 of the Articles of Association shall be revised to read as follows: “The JV Company’s total amount of investment shall be Six Thousand and Nine Hundred Ninety Four Million and Nine Hundred Fifty Thousand RMB (RMB 6,994,950,000), and its registered capital shall be increased by Five Hundred Sixty Million RMB (RMB 560,000,000) to a total registered capital of Three Thousand and Four Hundred Eighty One Million and Eight Hundred and Forty Thousand RMB (RMB 3,481,840,000). Of the increased amount of Five Hundred Sixty Million RMB (RMB 560,000,000), each Party shall contribute a cash amount of Two Hundred Eighty Million RMB (RMB 280,000,000) to the JV Company’s capital accounts not later than 15 September 2011.”
