Common use of DISCLOSEABLE TRANSACTION Clause in Contracts

DISCLOSEABLE TRANSACTION. On 3 August 2015, GMR and the Vendor entered into the Agreement, under which the Vendor has agreed to sell, and GMR has agreed to acquire, the Medical Facility at a consideration of US$10,750,000 (approximately HK$83,348,000). As the applicable percentage calculated according to Rule 14.07 of the Listing Rules exceeds 5% but is less than 25%, the Agreement and the transaction contemplated thereunder constitute a discloseable transaction of the Company and is therefore subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Samples: The Agreement

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DISCLOSEABLE TRANSACTION. On 3 August 20158 January 2016, GMR and the Vendor entered into the Agreement, under which the Vendor has agreed to sell, and GMR has agreed to acquire, the Medical Facility at a for consideration of US$10,750,000 15,450,000 (approximately HK$83,348,000HK$120,201,000). As the applicable percentage calculated according to Rule 14.07 of the Listing Rules exceeds 5% but is less than 25%, the Agreement and the transaction contemplated thereunder constitute a discloseable transaction of for the Company and is therefore subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Samples: The Agreement

DISCLOSEABLE TRANSACTION. On 3 August 14 December 2015, GMR and the Vendor Sellers entered into the Agreement, under which the Vendor has Sellers have agreed to sell, and GMR has agreed to acquire, the Medical Facility Facilities at a consideration of US$10,750,000 20,000,000 (approximately HK$83,348,000HK$155,000,000). As the applicable percentage calculated according to Rule 14.07 of the Listing Rules exceeds 5% but is less than 25%, the Agreement and the transaction contemplated thereunder constitute a discloseable transaction of the Company and is therefore subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Samples: The Agreement

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DISCLOSEABLE TRANSACTION. On 3 August 201515 April 2014, GMR and the Vendor entered into the Agreement, under which the Vendor has agreed to sell, and GMR has agreed to acquire, the Medical Facility at a consideration of US$10,750,000 21,710,000 (approximately HK$83,348,000HK$168,470,000). As the applicable percentage calculated according to Rule 14.07 of the Listing Rules exceeds 5% but is less than 25%, the Agreement and the transaction contemplated thereunder constitute a discloseable transaction of the Company and is therefore subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Samples: The Agreement (Global Medical REIT Inc.)

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