Basis of the Annual Caps. The annual caps are determined based on the following factors, including: (i) the historical amounts of service fees paid by the CITIC Group to the Group for the Internet Data Centre Services; (ii) the prevailing market price of the provision of similar Internet data centre services; (iii) the expected increase in the amount of service fees to be charged by the Group over the term of the Framework Agreement; and (iv) the estimated level of the Internet Data Centre Services required by CITIC Group and the relevant costs of the Group during the term of the Framework Agreement.
Basis of the Annual Caps. The Annual Caps have been determined principally with reference to:
Basis of the Annual Caps. The annual caps of the Information Security Management Transactions are determined based on the following factors, including: (i) the historical amounts of service charges paid/payable by the CITIC Group Members to the Group for the Information Security Management Services; (ii) the prevailing market price of the provision of similar information security management services; (iii) the expected increase in the amount of service charges to be charged by the Group over the term of the Framework Agreement; and (iv) the estimated level of the Information Security Management Services required by the CITIC Group and the relevant costs of the Group during the term of the Framework Agreement. It is expected that the demand for the Information Security Management Services from the end-users of the CITIC Group would increase during the term of the Framework Agreement in terms of the number of committed and additional equipment/facilities, driven by a variety of emerging technologies and applications which are expected to be utilised by the CITIC Group.
Basis of the Annual Caps. The annual caps of the Messaging Transactions are determined based on the following factors, including: (i) the historical amounts of service charges paid/payable by the CITIC Group Members to the Group for the Messaging Services; (ii) the prevailing market price of the provision of similar messaging services; (iii) the expected increase in the amount of service charges to be charged by the Group over the term of the Framework Agreement; and (iv) the estimated level of the Messaging Services required by the CITIC Group and the relevant costs of the Group during the term of the Framework Agreement. It is expected that the demand for the Messaging Services from the end-users of the CITIC Group would increase during the term of the Framework Agreement in terms of volume of consumption, driven by a variety of emerging technologies and applications which are expected to be utilised by the CITIC Group.
Basis of the Annual Caps. In arriving at the annual caps for the years ending 31 December 2023, 2024 and 2025, the Company has taken into account, among other things, the following:
Basis of the Annual Caps. The proposed annual caps for the three years ending 31 December 2019 for the Distribution Framework Agreement have been determined based on:
(1) the historical transaction amounts for the three years ended 31 December 2016;
(2) the anticipated purchase amounts of the medical devices (including certain new products) provided in Thailand, Philippines, Indonesia, Pakistan, Japan and etc.;
(3) the estimated growth in sales volume of Otsuka and its associates; and
(4) a buffer amount to accommodate for any unexpected increase in sales volume. The Board is of the view that the proposed annual caps for the Distribution Framework Agreement set out above are fair and reasonable so far as the Company and its Shareholders are concerned.
Basis of the Annual Caps. The annual caps for the business support services to be provided by Shanghai Yixin to Xxxxxx Xxxxxxx under the Business Cooperation Framework Agreement have been determined principally with reference to:
Basis of the Annual Caps. The annual caps of the Virtual Private Network Transactions are determined based on the following factors, including: (i) the historical amounts of service charges paid/payable by the CITIC Group Members to the Group for the Virtual Private Network Services; (ii) the prevailing market price of the provision of similar virtual private network services; (iii) the expected increase in the amount of service charges to be charged by the Group over the term of the Framework Agreement; and (iv) the estimated level of the Virtual Private Network Services required by the CITIC Group and the relevant costs of the Group during the term of the Framework Agreement. It is expected that the demand for the Virtual Private Network Services from the end-users of the CITIC Group would increase during the term of the Framework Agreement in terms of both quantities and bandwidth, driven by a variety of emerging technologies and applications which are expected to be utilised by the CITIC Group.
Basis of the Annual Caps. The annual caps of the Cloud Computing Solutions Transactions are determined based on the following factors, including: (i) the historical amounts of service charges paid/payable by the CITIC Group Members to the Group for the Cloud Computing Solutions Services; (ii) the prevailing market price of the provision of similar cloud computing solutions services; (iii) the expected increase in the amount of service charges to be charged by the Group over the term of the Framework Agreement; and (iv) the estimated level of the Cloud Computing Solutions Services required by the CITIC Group and the relevant costs of the Group during the term of the Framework Agreement. It is expected that the demand for the Cloud Computing Solutions Services from the end-users of the CITIC Group would increase during the term of the Framework Agreement in terms of both quantities and bandwidth, driven by a variety of emerging technologies and applications which are expected to be utilised by the CITIC Group.
Basis of the Annual Caps. The Annual Caps set out above have been determined by a number of factors, which include:
(a) previous levels of the services provided under the Existing Secret Garden Agreements;
(b) estimated increase in guest traffic and ski ticket sales in view of the overall development of Secret Garden, in particular the collaboration with neighbouring business partner;
(c) estimated increase in property management services after completion of the construction and progressive sales of ski apartment “Genting Residences”;
(d) estimated increase in hotel and restaurant operation and management services for the 2022 Winter Olympic;
(e) increased levels and volumes of the services anticipated due to estimated increase in business activities of the Group in the coming three years; and
(f) a reasonable amount to cater for any unexpected additional services that may be required by ZJK Group and the Group.
