FINANCIAL EFFECTS OF THE PROPOSED DISPOSAL Sample Clauses

FINANCIAL EFFECTS OF THE PROPOSED DISPOSAL. The pro forma financial effects of the Proposed Disposal on the Group as set out below are for illustrative purposes only and are not intended to reflect the actual future financial performance or position of the Group immediately after completion of the Proposed Disposal. They are prepared based on the latest announced audited consolidated financial statements of the Group for FY2020, and are subject to the following key assumptions:
AutoNDA by SimpleDocs
FINANCIAL EFFECTS OF THE PROPOSED DISPOSAL. The unaudited pro forma financial effects of the Proposed Disposal set out below are for illustrative purposes only and do not necessarily reflect the actual results and financial position of the Group following completion of the Proposed Disposal. The unaudited pro forma financial effects are prepared based on (i) the Group’s audited financial statements for FY2022; and (ii) the following assumptions:
FINANCIAL EFFECTS OF THE PROPOSED DISPOSAL. 5.1 Share capital and substantial shareholders’ shareholdings The Proposed Disposal will not have any effect on the issued and paid-up share capital and substantial shareholders’ shareholdings of PENTA as the total purchase consideration for the Proposed Disposal shall be satisfied in cash.
FINANCIAL EFFECTS OF THE PROPOSED DISPOSAL. The proforma financial effects of the Proposed Disposal are presented for illustration purposes only and are not intended to reflect the actual future financial position of the Group after completion of the Proposed Disposal.
FINANCIAL EFFECTS OF THE PROPOSED DISPOSAL. For illustrative purposes only, the financial effects of the Proposed Disposal on the Group are set out below (“Financial Effects”). The Financial Effects do not necessarily reflect the exact future financial position and performance of the Group immediately after completion of the Proposed Disposal. No representation is made as to the actual financial position and/or results of the Company after completion of the Proposed Disposal. In accordance with Rule 1010(8) of the Listing Manual, the Financial Effects have been calculated using the audited consolidated financial statements of the Group for the financial year ended 31 March 2019. Net Tangible Assets ("NTA") Assuming that the Proposed Disposal was completed on 31 March 2019 and based on the Group’s audited consolidated financial statements for FY2019, the pro forma financial effects of the Proposed Disposal on the consolidated NTA of the Group are as follows: As at 31 March 2019 No. of issued shares NTA of the Group (S$'000) NTA per share (S$ cents) Before the Proposal Disposal 907,971,182 22,974,008 2.53 After completion of the Proposed Disposal 907,971,182 22,743,322 2.51 Earnings Per Share ("EPS") Assuming that the Proposed Disposal had been completed on 1 April 2018 and based on the Group’s audited consolidated financial statements for FY2019, the pro forma financial effects of the Proposed Disposal on the consolidated EPS of the Group are as follows: FY2019 Weighted average no. of share Loss after tax of the Group (S$'000) EPS per share (S$ cents) Before the Proposal Disposal 907,971,182 (27,327,201) (3.01) After completion of the Proposed Disposal 907,971,182 (25,582,488) (2.82)
FINANCIAL EFFECTS OF THE PROPOSED DISPOSAL financial performance and position of the Group after the Proposed Disposal. No representation is made as to the actual financial position and/or results of the Company or the Group after 公 completion of the Proposed Disposal. 司
FINANCIAL EFFECTS OF THE PROPOSED DISPOSAL. The Company will make a further announcement setting out the pro forma financial effects of the Proposed Disposal when the Consideration has been agreed upon.
AutoNDA by SimpleDocs
FINANCIAL EFFECTS OF THE PROPOSED DISPOSAL. The Company's gain on Proposed Disposal of investment in Biofuel is $1,117,834. The proforma financial effects of the Proposed Disposal on the Company are set out below. The proforma financial are theoretical in nature and only for illustrative purposes, they do not represent the actual financial position and/or results of the Company’s operations after the completion of the Proposed Disposal and are not indicative of the future financial position and earnings of the Company. Effect of the Proposed Disposal on the Net Tangible Asset per share (the “NTA”) For the purpose of illustration and assuming that the Proposed Disposal had been completed on 31 December 2013, 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 2013, and the Sale Consideration of S$1.53 million, the effect on the NTA per share of the Group as at 31 December 2013, would be as follows: Before the Proposed Disposal After the Proposed Disposal NTA (a) S$45,899,756 S$47,102,147 Number of Shares 668,266,667 668,266,667
FINANCIAL EFFECTS OF THE PROPOSED DISPOSAL. 2 Based on an illustrative exchange rate of S$1.00: RM3.0902. The illustrative exchange rate is solely for illustrative purposes and should not be construed as a presentation that the relevant amounts have been or could be converted at this rate or at any other rate. The proforma financial effects of the Proposed Disposal as set out below are for illustrative purposes only, and do not necessarily reflect the future actual financial position and results of the Group following Completion.
FINANCIAL EFFECTS OF THE PROPOSED DISPOSAL. 7.1 The illustrative financial effects on the Group before and after the Proposed Disposal are summarized below and have been prepared using the audited accounts of the Group prepared on a consolidated basis for the financial year ended 30 September 2014, based on the Minimum Consideration, inter alia, the following assumptions:
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!