Types of Available Transactions You may authorize a merchant or other payee to make a one-time Electronic Check Transaction from your checking account using information from your check to (1) pay for purchases or (2) pay bills. You may also authorize a merchant or other payee to debit your checking account for returned check fees or returned debit entry fees.
DISCLOSEABLE TRANSACTION On 12 December 2019, the Vendor, an indirect wholly-owned subsidiary of the Company, and the Purchaser entered into the Disposal Agreement, pursuant to which the Vendor agreed to sell and the Purchaser agreed to acquire 37.5% of the equity interest in the Target Company for a total cash consideration of about RMB93.2 million (equivalent to approximately HK$103.5 million). * For identification purpose only THE DISPOSAL AGREEMENT Detail of the terms of the Disposal Agreement are as follows: Date 12 December 2019 Parties (i) Chinlink Mega Limited as vendor; and (ii) 西安曲江文化金融控股（ 集團）有限公司 (Xi’an Qujiang Cultural Financial Holdings Limited#) as purchaser To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, (i) the Purchaser (which is ultimately owned by a PRC government authority) is a third party independent of the Company and its connected persons; and (ii) the Purchaser is principally engaged in investment in financial institutions, securities investment and management, asset management and disposal, mergers and acquisitions, investment planning and consultancy in the PRC. Subject matter The Vendor has agreed to sell, and the Purchaser has agreed to acquire 37.5% of the equity interest in the Target Company. Immediately prior to Completion, the Vendor was beneficially interested in 62.5% of the equity interest in the Target Company. After Completion, the Vendor will become beneficially interested in 25% of the equity interest in the Target Company. Consideration The consideration payable by the Purchaser to the Vendor is about RMB93.2 million (equivalent to approximately HK$103.5 million) and shall be settled by the Purchaser in cash within 10 business days after the date of the Disposal Agreement and all securities requested under the Disposal Agreement have been created. The Consideration was arrived at after arm’s length negotiation between the Vendor and the Purchaser on normal commercial terms principally with reference to the valuation of the Target Company as at 31 October 2019 conducted by an independent professional valuer and the proportional interest which is the subject of the Disposal, i.e. 37.5%.
Historical Transaction Amounts For each of the two years ended 31 December 2021 and 2022 and the six months ended 30 June 2023, the historical transaction amounts paid by Poly Developments and Holdings Group to the Group in respect of property management services under the 2021-2023 Property Management Services Framework Agreements were RMB197.9 million, RMB202.5 million and RMB80.3 million, respectively.
Transfer Methods and Amounts Section 15 of the General Terms (Payment Methods and Amounts) applies to the Service, even in circumstances where the External Account is closed and we are attempting to return funds to such Account.
Off-Exchange Transactions In some jurisdictions, and only then in restricted circumstances, firms are permitted to effect off-exchange transactions. The firm with which you deal may be acting as your counterparty to the transaction. It may be difficult or impossible to liquidate an existing position, to assess the value, to determine a fair price or to assess the exposure to risk. For these reasons, these transactions may involve increased risks. Off-exchange transactions may be less regulated or subject to a separate regulatory regime. Before you undertake such transactions, you should familiarize yourself with applicable rules and attendant risks.
PERMITTED TRANSACTIONS The Member is free to engage in any activity on its own or by the means of any entity. The Member’s fiduciary duty of loyalty, as it applies to outside business activities and opportunities, and the “corporate opportunity doctrine,” as such doctrine may be described under general corporation law, is hereby eliminated to the maximum extent allowed by the Act.
Split Transactions You can instruct a merchant to charge your Card for part of a purchase and pay any remaining amount with cash or another card. This is called a “split transaction.” Some merchants do not permit split transactions. If you wish to conduct a split transaction, you must tell the merchant the exact amount you would like charged to your Card. If you fail to inform the merchant you would like to complete a split transaction and you do not have sufficient available funds in your Account to cover the entire purchase amount, your Card is likely to be declined.
Transactions in Foreign Currencies and Transactions Processed Outside Singapore a. Foreign currency transactions
