EFFECTS ON THE SHAREHOLDING STRUCTURE OF THE COMPANY Sample Clauses

EFFECTS ON THE SHAREHOLDING STRUCTURE OF THE COMPANY. As at the date of this announcement, the Company has 1,313,094,192 Shares in issue. The Company does not have any other outstanding convertible securities, options, warrants or other derivatives in issue which are convertible or exchangeable into Shares. The shareholding structure of the Company (a) as at the date of this announcement; and (b) immediately after the Subscription Completion (assuming there will be no change in the issued share capital of the Company between the date of this announcement and the date of the Subscription Completion, save for the allotment and issue of the Subscription Shares) are as follows: Name of Shareholders As at the date of this announcement Immediately after the Subscription Completion Number of Shares Approximate % Number of Shares Approximate % China He (HK) (Note 1) 400,000,000 30.46 400,000,000 21.60 Xx. Xx Xxxxxxx (Note 2) 100,000 0.01 100,000 0.01 Xx. Xxx Xxxxx (Note 3) 24,998,000 1.90 24,998,000 1.35 The Subscriber – – 538,942,750 29.10 Public Shareholders 887,996,192 67.63 887,996,192 47.95 Total 1,313,094,192 100.00 1,852,036,942 100.00
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EFFECTS ON THE SHAREHOLDING STRUCTURE OF THE COMPANY. As at the date of this announcement, (i) the total issued share capital of the Company is 3,058,060,000 Shares, which comprises 2,162,740,000 A Shares and 895,320,000 H Shares; (ii) and there are no options or other instruments convertible into A Shares or H Shares. For illustration purpose, set out below are two scenario illustrating the potential change in the shareholding structure of the Company, in the event that (A) maximum and (B) minimum number of Consideration Shares will be issued: (I) Scenario A: The number of Consideration Shares is 439,121,756 Shares (i) as at the date of this announcement; and (ii) immediately after completion of the Proposed Acquisition (assuming that (a) the Total Consideration is RMB2.2 billion and all of which shall be settled by the allotment and issuance of Consideration Shares (where in such case the maximum number of Consideration Shares to be issued shall be 439,121,756 A Shares); (b) the issue price of the Consideration Shares is RMB5.01 per Consideration Share; and (c) there will be no change in the total issued share capital of the Company since the date of this announcement save for the issuance of the Consideration Shares pursuant to the Acquisition Agreement): A 1,035,915,462 47.90 33.87 1,475,037,218 56.69 42.18 H 183,064,200 20.45 5.99 183,064,200 20.45 5.23 A+H 1,218,979,662 – 39.86 1,658,101,418 – 47.41 Shudao Investment and its concert parties (including Shudao Innovation Investment) (Notes 3 and 4) China Merchants Expressway (Notes 3 and 5) A 664,487,376 30.72 21.73 664,487,376 25.54 19.00 Cornerstone Holding Limited(Notes 3 and 5) H 96,458,000 10.77 3.15 96,458,000 10.77 2.76 Subtotal: A+H 760,945,376 – 24.88 760,945,376 – 21.76 Public A Shareholders A 462,337,162 21.38 15.12 462,337,162 17.77 13.22 Public H Shareholders H 615,797,800 68.78 20.14 615,797,800 68.78 17.61 Subtotal: A+H 1,078,134,962 – 35.26 1,078,134,962 – 30.83 Total: 3,058,060,000 – 100 3,497,181,756 – 100 (i) as at the date of this announcement; and (ii) immediately after completion of the Proposed Acquisition (assuming that (a) the Total Consideration is RMB2.2 billion and part of which shall be settled by the allotment and issuance of Consideration Shares (where in such case the minimum number of Consideration Shares to be issued shall be 105,500,000 A Shares); (b) the issue price of the Consideration Shares is RMB5.01 per Consideration Share; and (c) there will be no change in the total issued share capital of the Company since the d...
EFFECTS ON THE SHAREHOLDING STRUCTURE OF THE COMPANY. As at the date of this announcement, the Company has 7,006,631,478 shares in issue. Set out below is the shareholding structure of the Company (i) as at the date of this announcement; and (ii) immediately upon the allotment and issuance of all the Swap Shares: of Shares % of Shares % Public 7,006,631,478 100 7,006,631,478 96.55 The Swap Shareholder 0 0 250,250,000 3.45 Total 7,006,631,478 100.00 7,256,881,478 100.00 Scientific Energy, Inc. was incorporated in the U.S.A and its shares are traded on the OTC Markets in the U.S.A. SEI conducts its businesses primarily through its 98.75% owned subsidiary, Macao E-Media Development Company Limited (“MED”), a Macau Company, which have 5 subsidiaries operated in Macau and Zhuhai, China. SEI also owns Gold Gold Gold Limited, a Hong Kong company, which is engaged in the business of trading of gold. As Macau’s number one mobile platform of ordering and delivery services for restaurants or other merchants, SEI operates in Macau, and its businesses are built on its Aomi App (the “Platform”). The Platform connects restaurants/merchants (collectively referred to as “Merchants”) with consumers and delivery riders. The Platform is created to serve the needs of these three key constituencies and to become more intelligent and efficient with every customer order. For the year ended 31 December 2021, SEI’s Platform generated over 8,400,000 transactions, totaling $1,049,142,000 MOP (approximately US$130,649,653) in Gross Merchandise Volume. As of 31 December 2021, SEI had approximately 620,100 registered Platform customers and served over 4,400 partnered Merchants. SEI originally serviced only food ordering and delivery, later, built on the its platform’s user base, SEI expands its services to other areas, such as Mobile Supermarket (Aomi Supermarket) Home Delivery Service, and Brand Promotion Service. SEI believes that it will continue to drive customer growth and enhance customer value. Set out below is the financial information of SEI extracted from its audited financial statements for the year ended 31 December 2021 and the unaudited financial statements for the six months ended 30 June 2022: (Unaudited) As at 30 June (Audited) As at 31 December 2022 (USD) 2021 (USD) Net Asset Value 68,248,710 70,711,077 (unaudited) For the six months ended 30 June 2022 (USD) (Audited) For the year ended 31 December 2021 (USD) Revenues 21,821,021 10,049,891 Profit/loss before taxation (2,562,834) (988,081) Profit after taxation (2,562,834)...
EFFECTS ON THE SHAREHOLDING STRUCTURE OF THE COMPANY. The shareholdings structure of the Company as at the date of this announcement and immediately upon completion of the Subscription (assuming that there will be no other change to the share capital of and shareholding in the Company other than the issue and allotment of all the Subscription Shares) is set out as follows: Shareholders As at the date of this announcement Immediately upon completion of the Subscription No. of Shares Approximate shareholding (%) No. of Shares Approximate shareholding(%) Xxxxx Xxxxxxx 20,000 0.020 20,000 0.016 Xxx Xxxxxxx 4,265,250 4.187 4,265,250 3.489 Xxxx Xxxx 17,401,761 17.081 17,401,761 14.235 Xxxx Xxx* 23,918,250 23.477 23,918,250 19.565 The Subscriber – – 20,370,000 16.663 Public Shareholders 56,272,339 55.235 56,272,339 46.032 Total 101,877,600 100.000 122,247,600 100.000 * Xx. Xxxx Xxx (i) personally holds 11,643,250 Shares; (ii) is deemed to have interest in 200,000 Shares held by his spouse and (iii) is deemed to have interest in 12,075,000 Shares held by his indirectly controlled company, Zhongcai Herui Investment Group Co Limited (a company directly and wholly owned by Zhongcai Herui Industry Development Co Limited, which is directly held as to 90% by Xx. Xxxx Xxx).

Related to EFFECTS ON THE SHAREHOLDING STRUCTURE OF THE COMPANY

  • Capital Structure of the Company As of the date of this Agreement, the number of shares and type of all authorized, issued and outstanding capital stock of the Company, and all shares of capital stock reserved for issuance under the Company’s various option and incentive plans is specified on Schedule 3.3. Except as set forth in Schedule 3.3, no shares of capital stock or other equity securities of the Company are issued, reserved for issuance or outstanding. All outstanding shares of capital stock of the Company are duly authorized, validly issued, fully paid and nonassessable and not subject to preemptive rights. Except as set forth on Schedule 3.3, there are no outstanding bonds, debentures, notes or other indebtedness or other securities of the Company having the right to vote (or convertible into, or exchangeable for, securities having the right to vote) on any matters. Except as set forth in Schedule 3.3, there are no outstanding securities, options, warrants, calls, rights, commitments, agreements, arrangements or undertakings of any kind to which the Company is a party or by which it is bound obligating the Company to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of capital stock or other equity or voting securities of the Company or obligating the Company to issue, grant, extend or enter into any such security, option, warrant, call, right, commitment, agreement, arrangement or undertaking. There are no outstanding contractual obligations, commitments, understandings or arrangements of the Company to repurchase, redeem or otherwise acquire or make any payment in respect of any shares of capital stock of the Company. Except as set forth on Schedule 3.3, there are no agreements or arrangements pursuant to which the Company is or could be required to register shares of Company Common Stock or other securities under the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder (the “Securities Act”) or other agreements or arrangements with or among any security holders of the Company with respect to securities of the Company.

  • Covenant to Provide Financial Information and Maintain Sufficient Capital The Administrator shall obtain and maintain the necessary capital to fulfill its obligations under this Agreement and shall remain solvent. The Administrator will report to the Issuer on a semi-annual basis its current and total assets, current and total liabilities, and total equity and the Company intends to include such amounts in its SEC reports.

  • Capitalization of the Company (a) Schedule 4.29 sets forth a true and complete list of all of the issued and outstanding Equity Interests of the Company. Such Equity Interests of the Company have been duly authorized, are validly issued and are fully paid and, except to the extent otherwise provided under the law of the Company’s jurisdiction of formation, non-assessable and were issued in conformity with the Organizational Documents of the Company and all applicable contracts or Laws and were not issued in violation of, and are not subject to, any purchase option, call option, right of first refusal, preemptive right, subscription right or any similar right under any provision of applicable Law, the Organizational Documents of the Company or any contract to which the Company is or was a party or by which it is or was otherwise bound. There are no certificates representing any of the Equity Interests of the Company. Seller has made available to Buyer true and complete copies of the Organizational Documents, minute books, membership interest certificate books, membership interest transfer books and equity ledgers of the Company to the extent the same are in existence. (b) There are no rights or Contracts (including options, warrants, calls and preemptive rights) obligating the Company (A) to issue, sell, pledge, dispose of or encumber any Equity Interest of the Company, (B) to redeem, purchase or acquire in any manner any Equity Interests of the Company or (C) to make any dividend or distribution of any kind with respect to the Equity Interests of the Company (or to allow any participation in the profits or appreciation in value of the Company). There are no outstanding or authorized membership interest appreciation, phantom unit, profit participation, or similar rights affecting the Equity Interests of the Company. There are no agreements, instruments, proxies, judgments or decrees, whether written or oral, express or implied, other than this Agreement, relating to the voting of, sale, assignment, conveyance, transfer, delivery, right of first refusal, option or limitation on transfer of any Equity Interests of the Company.

  • Management Structure Describe the overall management approach toward planning and implementing the contract. Include an organization chart for the management of the contract, if awarded.

  • Effect of Recapitalizations, Reclassifications and Changes of the Common Stock (a) In the case of: (i) any recapitalization, reclassification or change of the Common Stock (other than changes resulting from a subdivision or combination), (ii) any consolidation, merger, combination or similar transaction involving the Company, (iii) any sale, lease or other transfer to a third party of the consolidated assets of the Company and the Company’s Subsidiaries substantially as an entirety or (iv) any statutory share exchange, in each case, as a result of which the Common Stock would be converted into, or exchanged for, stock, other securities, other property or assets (including cash or any combination thereof) (any such event, a “Share Exchange Event”), then, at and after the effective time of such Share Exchange Event, the right to convert each $1,000 principal amount of Notes shall be changed into a right to convert such principal amount of Notes into the kind and amount of shares of stock, other securities or other property or assets (including cash or any combination thereof) that a holder of a number of shares of Common Stock equal to the Conversion Rate immediately prior to such Share Exchange Event would have owned or been entitled to receive (the “Reference Property,” with each “unit of Reference Property” meaning the kind and amount of Reference Property that a holder of one share of Common Stock is entitled to receive) upon such Share Exchange Event and, prior to or at the effective time of such Share Exchange Event, the Company or the successor or purchasing Person, as the case may be, shall execute with the Trustee a supplemental indenture permitted under Section 10.01(g) providing for such change in the right to convert each $1,000 principal amount of Notes; provided, however, that at and after the effective time of the Share Exchange Event (A) the Company shall continue to have the right to determine the form of consideration to be paid or delivered, as the case may be, upon conversion of Notes in accordance with Section 14.02 and (B) (I) any amount payable in cash upon conversion of the Notes in accordance with Section 14.02 shall continue to be payable in cash, (II) any shares of Common Stock that the Company would have been required to deliver upon conversion of the Notes in accordance with Section 14.02 shall instead be deliverable in the amount and type of Reference Property that a holder of that number of shares of Common Stock would have been entitled to receive in such Share Exchange Event and (III) the Daily VWAP shall be calculated based on the value of a unit of Reference Property. If the Share Exchange Event causes the Common Stock to be converted into, or exchanged for, the right to receive more than a single type of consideration (determined based in part upon any form of stockholder election), then (i) the Reference Property into which the Notes will be convertible shall be deemed to be the weighted average of the types and amounts of consideration actually received by the holders of Common Stock, and (ii) the unit of Reference Property for purposes of the immediately preceding paragraph shall refer to the consideration referred to in clause (i) attributable to one share of Common Stock. If the holders of the Common Stock receive only cash in such Share Exchange Event, then for all conversions for which the relevant Conversion Date occurs after the effective date of such Share Exchange Event (A) the consideration due upon conversion of each $1,000 principal amount of Notes shall be solely cash in an amount equal to the Conversion Rate in effect on the Conversion Date (as may be increased by any Additional Shares pursuant to Section 14.03), multiplied by the price paid per share of Common Stock in such Share Exchange Event and (B) the Company shall satisfy the Conversion Obligation by paying cash to converting Holders on the second Business Day immediately following the relevant Conversion Date. The Company shall notify in writing Holders, the Trustee and the Conversion Agent (if other than the Trustee) of such weighted average as soon as practicable after such determination is made. Such supplemental indenture described in the second immediately preceding paragraph shall provide for anti-dilution and other adjustments that shall be as nearly equivalent as is possible to the adjustments provided for in this Article 14. If, in the case of any Share Exchange Event, the Reference Property includes shares of stock, securities or other property or assets (including cash or any combination thereof) of a Person other than the successor or purchasing corporation, as the case may be, in such Share Exchange Event, then such supplemental indenture shall also be executed by such other Person and shall contain such additional provisions to protect the interests of the Holders of the Notes as the Board of Directors shall reasonably consider necessary by reason of the foregoing, including the provisions providing for the purchase rights set forth in Article 15. (b) When the Company executes a supplemental indenture pursuant to subsection (a) of this Section 14.07, the Company shall promptly file with the Trustee an Officer’s Certificate briefly stating the reasons therefor, the kind or amount of cash, securities or property or asset that will comprise a unit of Reference Property after any such Share Exchange Event, any adjustment to be made with respect thereto and that all conditions precedent have been complied with, and shall promptly deliver notice thereof to all Holders. The Company shall cause notice of the execution of such supplemental indenture to be delivered to each Holder within 20 days after execution thereof. Failure to deliver such notice shall not affect the legality or validity of such supplemental indenture. (c) The Company shall not become a party to any Share Exchange Event unless its terms are consistent with this Section 14.07. None of the foregoing provisions shall affect the right of a holder of Notes to convert its Notes into cash, shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, as set forth in Section 14.01 and Section 14.02 prior to the effective date of such Share Exchange Event. (d) The above provisions of this Section shall similarly apply to successive Share Exchange Events.

  • Capitalization of the Company and its Subsidiaries The Company's authorized capital stock consists solely of (a) 20,000,000 shares of common stock, $0.05 par value per share ("Company Common Stock"), and (b) 10,000,000 shares of preferred stock, $1.00 par value per share ("Company Preferred Stock"). As of October 31, 1997, (i) 3,891,981 shares of Company Common Stock were issued and outstanding, (ii) 201,385 shares of Company Common Stock were issuable upon the exercise of outstanding options, an additional 230,749 shares of Company Common Stock were issuable upon the exercise of options that are not currently outstanding but are reserved for issuance upon the designation of optionees by the Board of Directors of the Company and 154,175 shares of Company Common Stock were issuable upon the exercise or conversion of outstanding warrants or convertible securities granted or issuable (on a contingent basis or otherwise) by the Company, and (iii) no shares of Company Preferred Stock were issued and outstanding. Since October 31, 1997, except as disclosed in Section 4.4 of the Company Disclosure Schedule, the Company has not issued any shares of its capital stock except upon the exercise of such options, warrants or convertible securities. Each outstanding share of capital stock of the Company and each Subsidiary is duly authorized and validly issued, fully paid and nonassessable and free of any preemptive rights. As of the date hereof, other than as set forth above, in the Company SEC Documents (as defined in Section 4.7) or in Section 4.4 to the Company Disclosure Schedule, there are no outstanding shares of capital stock or subscriptions, options, warrants, puts, calls, agreements, understandings, claims or other commitments or rights of any type relating to the issuance, sale or transfer by the Company or either Subsidiary of any securities of the Company or either Subsidiary, nor are there outstanding any securities which are convertible into or exchangeable for any shares of capital stock of the Company or either Subsidiary; and neither the Company nor either Subsidiary has any obligation of any kind to issue any additional securities or to pay for securities of the Company or either Subsidiary or any predecessor. The Company has no outstanding bonds, debentures, notes or other similar obligations the holders of which have the right to vote generally with holders of Company Common Stock.

  • Agreement Structure This Agreement includes Part 1 - General Terms, Part 2 - Country-unique Terms (if any), the LI, and the XxX and is the complete agreement between Licensee and Lenovo regarding the use of the Program. It replaces any prior oral or written communications between Licensee and Lenovo concerning Licensee’s use of the Program. The terms of Part 2 may replace or modify those of Part 1. To the extent of any conflict, the LI prevails over both Parts.

  • Vendor Encouraging Members to bypass TIPS agreement Encouraging entities to purchase directly from the Vendor or through another agreement, when the Member has requested using the TIPS cooperative Agreement or price, and thereby bypassing the TIPS Agreement is a violation of the terms and conditions of this Agreement and will result in removal of the Vendor from the TIPS Program.

  • Foreign-Owned Companies in Connection with Critical Infrastructure If Texas Government Code, Section 2274.0102(a)(1) (relating to prohibition on contracts with certain foreign-owned companies in connection with critical infrastructure) is applicable to this Contract, pursuant to Government Code Section 2274.0102, Contractor certifies that neither it nor its parent company, nor any affiliate of Contractor or its parent company, is: (1) majority owned or controlled by citizens or governmental entities of China, Iran, North Korea, Russia, or any other country designated by the Governor under Government Code Section 2274.0103, or (2) headquartered in any of those countries.

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

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