FINANCIAL EFFECTS OF THE PROPOSED INVESTMENT Sample Clauses

FINANCIAL EFFECTS OF THE PROPOSED INVESTMENT. 5.1. Bases and assumptions (a) the financial effect on the consolidated net tangible assets ("NTA") per Share of the Group is computed on the assumption that the Proposed Investment was completed on 31 December 2020; (b) the financial effects of the Proposed Investment on the loss per Share (“LPS”) of the Group is computed based on the assumption that the Proposed Investment was completed on 1 January 2020; (c) the expenses incurred in connection with the Proposed Investment amounts to approximately S$30,000; and 5.2. NTA per Share As at 31 December 2020 Before the Proposed Investment After the Proposed Investment
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FINANCIAL EFFECTS OF THE PROPOSED INVESTMENT. 6.1 It is not possible to determine precisely the financial effects the transactions contemplated in the Investment Agreement would have on the Company until inter alia the Loans have been fully drawn and the Options have been fully converted into shares; 6.2 The Company has sought for an extension of time for the Company to convene its Annual General Meeting in respect of the financial years ended 31 January 2020 and 2021. Accordingly, the Company is unable to set out the financial effects of the Loans and the transactions contemplated in the Investment Agreement based on the consolidated financial results for the financial year ended 31 January 2021. However, solely for the purposes of illustration, the Company has set out the financial effects of the Loans and the transactions contemplated in the Investment Agreement on the Company’s share capital and Group’s earnings per share and net assets value per share, based on the latest audited consolidated financial statements for the financial year ended 31 January 2019 (“FY2019”). 6.3 The financial effects set out below are on the following bases and assumptions (assuming transaction cost are negligible); (a) the complete disbursements of the Loans; (b) the allotment and issue to the Investor 102,166,007 Shares at an issue price of S$0.042 per Investment Share; (c) exercise of all 167,834,000 Options at an exercise price of S$0.042 for each share; (d) the Set-Off; and (e) transaction costs of S$250,000. (collectively, “Corporate Actions”) 6.4 Changes in share capital, loss per share and Net Asset Value Issued and paid-up share capital (S$) 14,250,000 25,590,000 Total number of Issued Shares-end of year 29,999,993 300,000,000 Net loss for the year as at FY2019 (S$) (6,571,000) (6,821,000) Number of issued shares 29,999,993 300,000,000
Sample 1
FINANCIAL EFFECTS OF THE PROPOSED INVESTMENT. Assuming the disbursement in full of the Loans and the complete exercise of the Conversion Right by the Investor, the issue of the New Shares and the Additional New Shares will increase the issued and paid-up ordinary share capital of the Company as at the date of this announcement by approximately 16.4% from S$18,331,904 comprising 61,598,057 ordinary shares to S$21,331,904 comprising 131,509,657 ordinary shares. The net tangible assets per share of the Company and its subsidiaries (the “Group”) as at 31 March 2007 based on the audited financial statements of the Group was 7.5 cents. After adjusting for the issue of the New Shares and the Additional New Shares, the Group net tangible assets per share, as at 31 March 2007 would be 5.7 cents.
Sample 1
FINANCIAL EFFECTS OF THE PROPOSED INVESTMENT. The financial effects of the proposed investment are as follows:-
Sample 1
FINANCIAL EFFECTS OF THE PROPOSED INVESTMENT. The proforma financial effects of the Proposed Investment on the NTA attributable to the owners of the Company per share and the earnings per share ("EPS") of the Group are set out below. The proforma financial effects have been prepared based on the audited financial results of the Group for the financial year ended 31 December 2022 ("FY2022"). The proforma financial effects are purely for illustration purposes only and are therefore not necessarily indicative of the actual financial position of the Group after completion of the Proposed Investment. As the Definitive Agreements have not been executed by the Parties as at the date of this announcement, the Company will make an announcement detailing the updated financial effects of the Proposed Investment, taking into account the Relevant Payments pursuant to the Relevant Lease Arrangements and fees associated with the Trademark Licensing Agreement if any, upon the Parties' entry into the respective agreements. (a) Effect on NTA per share (b) Effect on EPS (c) Effect on gearing ratio (d) Effect on share capital of the Company
Sample 1

Related to FINANCIAL EFFECTS OF THE PROPOSED INVESTMENT

  • Investment Experience Holder understands that the purchase of this Warrant and its underlying securities involves substantial risk. Holder has experience as an investor in securities of companies in the development stage and acknowledges that Holder can bear the economic risk of such Holder’s investment in this Warrant and its underlying securities and has such knowledge and experience in financial or business matters that Holder is capable of evaluating the merits and risks of its investment in this Warrant and its underlying securities and/or has a preexisting personal or business relationship with the Company and certain of its officers, directors or controlling persons of a nature and duration that enables Holder to be aware of the character, business acumen and financial circumstances of such persons.

  • Financial Consequences The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager Contractor will timely submit completed MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports are due on or before the 15th calendar day after the close of each month $100 per Calendar Day late/not received by the Contract Manager

  • Financial contribution 7.1.1 The total financial contribution to the Activity amounts up to: 50.000 EUR (Fifty Thousand EURO) for IPR & product development 7.1.2 For the purpose of this Contract the above mentioned total financial contribution is stated to be a ceiling which amount shall not be exceeded and for which the Incubatee shall perform the Activity in full. 7.1.2.1 At the end of the Contract Term the Incubatee shall deliver a cost report, detailing all costs incurred, with all invoices attached. 7.1.2.2 The Incubatee shall prove all expenses from the funding solely with third parties’ invoices used for IPR and product development following the provisions on Article 4 here above. The Incubatee is not authorized to use the above stated funding for reimbursement of his own hours spent in the project. 7.1.3 The above amount does not include any taxes and duties.

  • FINANCIAL CONTRIBUTIONS (§5.d): Owner shall use reasonable efforts to seek contributions and grants from Capital Metro Transit Authority (CMTA) and Xxxxxx County.

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