INFORMATION ABOUT THE PARTIES. Information about the Company Information about the Factoring Bank LISTING RULES IMPLICATIONS
INFORMATION ABOUT THE PARTIES. Information about the Company Information about the Factoring Bank
INFORMATION ABOUT THE PARTIES. The Company
INFORMATION ABOUT THE PARTIES. BCL is a limited company incorporated in the British Virgin Islands and principally engaged in investment holding and consultancy services. BCL is directly wholly-owned by Xx. Xxx. The Company is incorporated in Bermuda with limited liability, the shares of which are listed on the main board of the Stock Exchange. The principal business of the Group is engaged in trading of construction materials, mainly pipes and fittings in Hong Kong and Macau.
INFORMATION ABOUT THE PARTIES. The Group is principally engaged in leveraged foreign exchange and other trading, while the provision of cash dealing and securities trading referral services also form part of the Group’s business model. Banclogix is principally engaged in the provision of information technology services and is wholly owned by KVB Holdings which is principally engaged in investment holding and is owned as to 75% of its equity interest by Xx. Xx, a non-executive Director, and 25% of its equity interest by the Administrators. KVB Holdings holds approximately 14.75% of the issued share capital of the Company as at the date of this announcement. As at the date of this announcement, Banclogix is a wholly-owned subsidiary of KVB Holdings, which is a substantial shareholder of the Company, and is therefore a connected person of the Company under Chapter 14A of the Listing Rules. Accordingly, the Information Technology Services Agreement as amended by the Second Supplemental Agreement constitutes a continuing connected transaction of the Company under Chapter 14A of the Listing Rules. Pursuant to Rule 14A.81 of the Listing Rules, the transactions contemplated under the Information Technology Services Agreement as amended by the Second Supplemental Agreement are required to be aggregated with the transactions under the Software Licence Agreement (which is also a continuing connected transaction with Banclogix) as they were entered into within a 12-month period. As one or more of the applicable percentage ratio(s) (as defined in Rule 14.07 of the Listing Rules) exceeds 5% and the total consideration exceeds HK$10,000,000, the transactions contemplated constitute non-exempt continuing connected transactions of the Company and are subject to the reporting, announcement, annual review and Shareholders’ approval requirements under Chapter 14A of the Listing Rules. KVB Holdings and its associates are required to abstain from voting on the resolution of the EGM for approving the Second Supplemental Agreement and the Revised Aggregate Annual Caps. Saved as mentioned above and below, to the best of the Directors’ knowledge and belief, no other Director or Shareholder has any material interest in the transactions and therefore will be required to abstain from voting on the relevant resolutions at the EGM. The Directors have established the Independent Board Committee comprising three independent non-executive Directors, namely Xx. XXXX Xxxxxx, Xx. Xxxxxxxx Xxxxxxx KEYSER and Xx. XXX Xxxxxx,...
INFORMATION ABOUT THE PARTIES. Borrower (Party A): Fujian Yada Group Co., Ltd. Address: Shuinan Gongye Road, Songxi County Post Code: 353500 Legal Representative (Person-in-charge): Zhan Youdai Fax: 0000000 Tel: 0000000 Lender (Party B): China Construction Bank Corporation Limited Songxi Sub-branch Address: 000 Xxxxxxx Xxxxxx, Xxxxxxxx Xxxx, Xxxxxx Xxxxxx Post Code: 353500 Person-in-charge: Ou Wenbin Fax: 0000-0000000 Tel: 0000-0000000
INFORMATION ABOUT THE PARTIES. Everest HK and the Company SinoMab
INFORMATION ABOUT THE PARTIES. Shandong Xiwang Sugar Group is a leading provider of starch sugars, principally engaged in corn processing business with a focus on the production of starch sugars and corn co-products in the PRC, and the distribution and the sale of such products within and outside the PRC. Its products mainly include crystalline glucose, crystalline fructose, crystalline fructose-glucose, fructose-glucose syrup, corn gluten meal, corn gluten feed, corn germ, corn starch, sodium gluconate and maltodextrin. Most of these are functional ingredients which are mainly applied to food and beverage, fermentation, pharmaceutical, chemical, animal feed and construction industries. The Group is a leading high-end special steel manufacturer located in Shandong Province of the PRC. Our products consist of ordinary steel that is primarily used in buildings and infrastructures, as well as special steel that is used in automobile, shipbuilding, chemical and petrochemical, machinery and equipment sectors.
INFORMATION ABOUT THE PARTIES. The Company CR Cement LISTING RULES IMPLICATIONS
