Effect on Share Capital. At the Effective Time, by virtue of the Merger and without any action on the part of the Company, Parent, Merger Sub or the holders of any of the following securities:
Effect on Share Capital. At the Effective Time, by virtue of the Merger and without any action on the part of the Company, Parent, Merger Sub or the holder of any ordinary shares, par value $0.01 per share, of the Company (the “Company Shares”) or any ordinary shares, par value $0.01 per share, of Merger Sub (the “Merger Sub Shares”) or any other Person:
Effect on Share Capital. Pursuant to the terms of this Agreement, at the Effective Time, by virtue of the Merger and without any action on the part of the holder thereof:
Effect on Share Capital. Subject to the terms and conditions of this Agreement, at the Effective Time, by virtue of the Merger and without any action on the part of the holder of any shares in the share capital of Company, each having a par value of $0.01 (each, a “Company Common Share”), as evidenced by way of entry in the register of shareholders of Company (the “Company Share Register”) or by share certificates registered in the name of the bearer (each, a “Company Certificate”):
Effect on Share Capital. Subject to the terms and conditions of this Agreement, at the Effective Time, by virtue of the Amalgamation and without any action on the part of the holder of any common shares in IPC, each having a par value of $0.01 (each, an “IPC Common Share”), as evidenced by way of entry in the register of shareholders of IPC (the “IPC Share Register”) or by share certificates registered in the name of a shareholder and representing outstanding IPC Common Shares (each, an “IPC Certificate”):
Effect on Share Capital. Subject to the terms and conditions of this Agreement, at the Effective Time, by virtue of the Amalgamation and without any action on the part of the holder of any common shares in Genesis, each having a par value of $0.001 (each, a “Genesis Common Share”), which Genesis Common Shares have been issued in the form of American Depositary Shares (each, an “ADS”), with each ADS representing one Genesis Common Share and either evidenced by physical certificated American Depositary Receipts (each, an “ADR” and each such certificate shall hereinafter be referred to as a “Genesis Certificate”) or issued in uncertificated form through book-entry or other registration system:
Effect on Share Capital. Subject to the satisfaction or waiver (where permissible) of the conditions in this Agreement as set forth in Article 6, at the Closing Date, subject to the provisions of the Court Approval, the following shall occur:
Effect on Share Capital. (a) At the Effective Time, by virtue of, and simultaneously with, the Merger and without any further action on the part of Parent, Alkaloida, Merger Sub, the Company or any shareholder of Parent, Alkaloida, Merger Sub, or the Company:
Effect on Share Capital. The financial effects of the Acquisition on the issued share capital of the Company as at the date of the SPA are as follows: Number of Shares (S$'000) Share capital of the Company as at the date of the SPA 668,266,667 38,530 Additional issue of Conversion Shares assuming full conversion 399,090,909 43,900 Share capital of the Company as at the date of the SPA after issue of Conversion Shares assuming full conversion 1,067,357,576 82,430 Effect of the Acquisition on the Net Tangible Asset per share (the “NTA”) For the purpose of illustration and assuming that the Acquisition had been completed on 31 December 2012, being the end of the most recently audited completed financial year, and based on the Group’s audited consolidated financial statements as at 31 December 2012, (taking into consideration the adjusted NTA related to the disposal of the Distribution Business which was previously announced on 21 August 2013 and 31 December 2013), the audited financial statements of both SSR and ERPL as at 31 March 2013(a), and the Purchase Consideration of S$53.9 million, the effect on the NTA per share of the Group as at 31 December 2012, would be as follows: Before the Acquisition After the Acquisition NTA (b) S$29,553,000 S$116,673,000 Number of Shares (c) 668,266,667 1,067,357,576 (after full conversion) NTA per share 4.42 cents 10.93 cents Based on the above table, there will be a 147.3% increase in the NTA per share after the Acquisition.
Effect on Share Capital. The financial effects of the Proposed Acquisition on the issued share capital of the Company as at the date of the SPA are as follows: Based on a minimum Purchase Consideration of USD40,900,000: Number of Shares RMB'000 Share capital as at the date of the SPA 276,000,000 125,769 After Consolidation 27,600,000 125,769 Add: Consideration Shares(1)(2) 78,358,759 276,665 Add: Arranger Shares(1)(2) 2,873,793 10,147 Add: ZICO Shares(2) 689,655 2,435 Total 109,522,207 415,016 Based on the maximum Purchase Consideration of USD50,000,000: Number of Shares RMB'000 Share capital as at the date of the SPA 276,000,000 125,769 After Consolidation 27,600,000 125,769 Add: Consideration Shares(1)(2) 95,793,103 338,221 Add: Arranger Shares(1)(2) 2,873,793 10,147 Add: ZICO Shares(2) 689,655 2,435 Total 126,956,551 476,572 Notes:
