INFORMATION OF THE CONTRACTOR. Shandong Institute is an indirect non wholly-owned subsidiary ultimately controlled by SPIC. It was established in 1958 and is principally engaged in providing electric power planning, engineering survey, design and consulting, and project construction services. It possesses comprehensive Grade A qualification certificates in engineering design and engineering survey. It is a national high-tech enterprise and the standing director chair unit of China Electric Power Planning & Engineering Association and has been ranked as one of the forefront companies among the “National Survey and Design Comprehensive Strength 100 Institutes” of the Chinese power industry for the past many years. It has been among the top 60 American ENR • Chinese Design Firms for five times, and has been among American ENR top 250 International Contractors in World for two consecutive years. SPIC is an investment holding company principally engaged in businesses that cover various sectors, including power, coal, aluminum, logistics, finance, environmental protection and high- tech industries in the PRC and abroad. SPIC, together with its subsidiaries, is an integrated energy group which simultaneously owns thermal power, hydropower, nuclear power and renewable energy resources in the PRC. As at the date of this announcement, SPIC owns approximately 64.49% of the issued share capital of the Company. As SPIC is the ultimate controlling shareholder of the Company, SPIC, its subsidiaries and associates are connected persons of the Company within the meaning of the Listing Rules. Shandong Institute is an indirect non wholly-owned subsidiary of SPIC. Accordingly, Shandong Institute is a connected person of the Company and entering into the Contracting Agreements constitute connected transactions of the Company under the Listing Rules. Pursuant to Rule 14A.81 of the Listing Rules, a series of connected transactions will be aggregated and treated as if they were one transaction if they were all entered into or completed within a 12- month period or are otherwise related. While the transaction under the Pre-Development and Technical Consultancy Agreement on a stand-alone basis may be fully exempt by virtue of falling within the de minimis thresholds under Rule 14A.76 of the Listing Rules, the Contracting Agreements were entered into with the same counterparty, Shandong Institute, related to the same Project within a 12-month, the transactions contemplated thereunder therefore shall be aggregated...
INFORMATION OF THE CONTRACTOR. Shandong Institute is an indirect subsidiary ultimately owned and controlled by SPIC. It was established in 1958 and is principally engaged in providing electric power planning, engineering survey, design and consulting, and project construction services. It possesses comprehensive Grade A qualification certificates in engineering design and engineering survey. It is a national high-tech enterprise and the standing director chair unit of China Electric Power Planning & Engineering Association and has been ranked as one of the forefront companies among the “National Survey and Design Comprehensive Strength 100 Institutes” of the Chinese power industry for the past many years. It has been among the top 60 American ENR • China engineering design companies for four consecutive years, and has been once again among American ENR top 250 International Contractors in World in 2022. SPIC is an investment holding company principally engaged in businesses that cover various sectors, including power, coal, aluminum, logistics, finance, environmental protection and high-tech industries in the PRC and abroad. SPIC, together with its subsidiaries, is an integrated energy group which simultaneously owns thermal power, hydropower, nuclear power and renewable energy resources in the PRC. As at the date of this announcement, SPIC owns approximately 61.06% of the issued share capital of the Company. As SPIC is the ultimate controlling shareholder of the Company, SPIC, its subsidiaries and associates are connected persons of the Company within the meaning of the Listing Rules. Shandong Institute is an indirect subsidiary of SPIC and is ultimately controlled by SPIC. Accordingly, Shandong Institute is a connected person of the Company and the entering into the EPC Contracting Agreement constitutes a connected transaction of the Company under the Listing Rules. As the highest applicable percentage ratio in respect of the EPC Contracting Agreement exceeds 0.1% but is less than 5%, the transaction contemplated under the EPC Contracting Agreement is therefore subject to the announcement and reporting requirements but is exempt from the independent shareholders’ approval requirement under Chapter 14A of the Listing Rules.
INFORMATION OF THE CONTRACTOR. State Nuclear Institute is an indirect subsidiary ultimately owned and controlled by SPIC. It is established in 1994 and is principally engaged in providing electric power engineering consultancy, services for project construction, electric power technology and engineering equipment import and export. State Nuclear Institute possesses comprehensive Grade A qualification certificates in engineering design, engineering survey and engineering consultancy. It has been ranked as one of the forefront companies among the “National Survey and Design Comprehensive Strength 100 Institutes” of the Chinese power industry for the past many years. SPIC is principally engaged in investment holding with business covers the power, coal, aluminum, logistics, finance, environmental protection and high-tech industries in the PRC and overseas countries. As at the date of this announcement, SPIC owns approximately 54.35% of the issued share capital of the Company. As SPIC is the ultimate controlling shareholder of the Company, SPIC, its subsidiaries and associates are connected persons of the Company within the meaning of the Listing Rules. State Nuclear Institute is an indirect subsidiary of SPIC and is ultimately controlled by SPIC. Accordingly, State Nuclear Institute is a connected person of the Company and the EPC Contracting Agreement constitutes a connected transaction of the Company under the Listing Rules. As one of the applicable percentage ratios (as defined under Rule 14.07 of the Listing Rules) in respect of the maximum consideration payable under the EPC Contracting Agreement exceeds 0.1% but all fall below 5%, the transaction contemplated under the EPC Contracting Agreement is therefore subject to the announcement and reporting requirements but is exempt from the independent shareholders’ approval requirement under Chapter 14A of the Listing Rules.
INFORMATION OF THE CONTRACTOR. State Nuclear Institute is an indirect subsidiary ultimately owned and controlled by SPIC. It was established in 1994 and is principally engaged in providing electric power engineering consultancy services, project construction, electric power technology and engineering equipment import and export services. State Nuclear Institute possesses comprehensive Grade A qualification certificates in engineering design, engineering survey and engineering consultancy. It has been ranked as one of the forefront companies among the “National Survey and Design Comprehensive Strength 100 Institutes” of the Chinese power industry for the past many years. SPIC is an investment holding company principally engaged in businesses that cover various sectors, including power, coal, aluminum, logistics, finance, environmental protection and high-tech industries in the PRC and abroad. SPIC, together with its subsidiaries, is an integrated energy group which simultaneously owns coal-fired power, hydropower, nuclear power and renewable energy resources in the PRC. As at the date of this announcement, SPIC owns approximately 61.06% of the issued share capital of the Company. As SPIC is the ultimate controlling shareholder of the Company, SPIC, its subsidiaries and associates are connected persons of the Company within the meaning of the Listing Rules. State Nuclear Institute is an indirect subsidiary of SPIC and is ultimately controlled by SPIC. Accordingly, State Nuclear Institute is a connected person of the Company and the entering into the EPC Contracting Agreement constitutes a connected transaction of the Company under the Listing Rules. As the highest applicable percentage ratio in respect of the EPC Contracting Agreement exceeds 0.1% but is less than 5%, the transaction contemplated under the EPC Contracting Agreement is therefore subject to the announcement and reporting requirements but is exempt from the independent shareholders’ approval requirement under Chapter 14A of the Listing Rules.
INFORMATION OF THE CONTRACTOR. The Contractor (IGT) is a company incorporated in Singapore. Its principal businesses are the operation and provision of an integrated portfolio of innovative technology products and services, including online and instant lottery systems, iLottery, instant ticket printing, lottery management services, gaming systems, electronic gaming machines, iGaming and sports betting. The Contractor (IGT) is an indirect wholly-owned subsidiary of International Game Technology PLC, a company with its shares listed on the New York Stock Exchange under the trading symbol “IGT”, the single largest shareholder of which is De Agostini S.p.A. (a company controlled by B&D Holding S.p.A.) interested in approximately 42.61% of its issued shares as at 21 March 2024.
INFORMATION OF THE CONTRACTOR. The Contractor is a company incorporated in the Philippines. None of the six ultimate beneficial owners of the Contractor has a controlling interest in the Contractor. The two largest shareholders of the Contractor are Xxxxxx X. Xxx and Xxxxxx X. Xxx each holding a 28% interest in the Contractor. The Contractor and its six ultimate beneficial owners are Independent Third Parties. The Contractor is principally engaged in kitchen equipment fabrication, equipment importation, project management services, preventive maintenance, and commercial kitchen design and consultancy.
INFORMATION OF THE CONTRACTOR. The Contractor is a company incorporated in the Philippines. The Contractor is held by Xxxxxxx Xxxxxx X. Dizon (6.25%), Xxxx Xxxxxx X. Xxxxx (8.75%), Xxxxxx X. Xxxx (8.75%), Xxxx X. Xxxxxxx (1%), Xxxxx X. Xxxx (0.25%) and Systech Holdings, Inc. (75%). Systech Holdings, Inc. is held by Xxxxxxx Xxxxxx X. Dizon (25%), Xxxx Xxxxxx X. Xxxxx (1%), Xxxxxx X. Xxxx (1%), Xxxx X. Xxxxxxx (1%), Xxxxxxx X. Xxxxxxxx Xx. (1%) and Joint Venture Holdings Inc. (71%). Joint Venture Holdings Inc. is in turn held by Xxxxxx X. Xxxx (49.60%), Xxxx Xxxxxx X. Xxxxx (49.60%), Xxxx
INFORMATION OF THE CONTRACTOR. The Contractor is headquartered in Tangshan, which is located in the centre of Bohai Economic Circle, PRC. The Contractor is principally engaged in the research, development, manufacturing, construction and installation of dry coal preparation equipment. Founded in 2001, the Contractor has a registered capital of RMB90 million and has various experience in manufacturing and construction of advanced large-scale machining and manufacturing equipment. The Contractor is a national high-tech enterprise with the operation covering (i) new process of dry coal beneficiation technology; (ii) research and development of new equipment; (iii) coal preparation engineering design and consulting; and (iv) coal preparation equipment manufacturing. To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, the Contractor and its ultimate beneficial owners are third parties independent of and not connected with the Group and its connected persons. The Company is an investment holding company. The Group’s principal business is coal mining and exploration which is operated by the Company’s indirect wholly-owned subsidiary, MoEnCo, in Mongolia. The Group’s principal project is the Khushuut Coking Coal Project in Western Mongolia. The Group sells coking coal and thermal coal to customers in PRC and Mongolia. The Group currently operates one dry coal processing plant in its mine site which was put to formal operation in late 2014. The current dry coal processing plant preliminary processes the ROM coal, eliminating the unwanted rubbles and other materials to enhance quality of our raw coking coal for export purpose, and therefore reducing the Group’s transportation costs. The current dry coal processing plant could process up to a maximum of two million tonnes of ROM coal per annum. Since the commercial coal production in 2015, the quantity of coal produced and processed have increased in folds. In order to cope with the increased production, competitiveness and developments of our mine, the management of the Company has planned to build a new dry coal processing plant on the mine site, with a processing capacity of 5.0 Mt/a to replace the existing set up. The new DPP is expected to commence operation in the second half of 2025. In addition, according to our mining plan in the Khushuut Coal Mine, MoEnCo will commence mining works in the present office and administration area in or around 2025 to 2026. Accordingly, MoEnCo is required to ...
INFORMATION OF THE CONTRACTOR. To the best of the knowledge, information and belief of the Directors having made all reasonable enquiries, the Contractor and its ultimate beneficial owner(s) are Independent Third Parties. The Contractor is a company incorporated in Vietnam and principally engaged in contractor works, design and building works. The Contractor was selected through a tender process and was considered the most appropriate after taking into account the tender price and payment terms, as well as the Contractor’s background, capacity, qualifications and experiences.
INFORMATION OF THE CONTRACTOR. Yuanda Waterworks is a company incorporated under the laws of the PRC in November 2001 and a wholly-owned subsidiary of Yuanda Environmental. Yuanda Environmental is an associate of SPIC. Yuanda Waterworks is principally engaged in the technical development, design and waterworks related contracting services for municipal sewage, municipal tap water, industrial wastewater, seawater desalination, and water treatment and its control systems within the power industry. Yuanda Waterworks holds a Grade A certification in environmental engineering (prevention and control of water pollution engineering). It also possesses a level 1 qualification certificate for professional contracting of environmental protection engineering, a level 2 qualification certificate for general contracting of municipal public works construction, and a level 3 qualification certificate for professional contracting of building mechanical and electrical installation engineering. Furthermore, Yuanda Waterworks has received numerous awards in the engineering field, including the prestigious National Quality Engineering Award, the highest national honor recognized by the State Council, in 2017. Yuanda Environmental is an investment holding company principally engaged in businesses that cover energy conservation, environmental protection and pollution control in the PRC. SPIC is an investment holding company principally engaged in businesses that cover various sectors, including power, coal, aluminum, logistics, finance, environmental protection and high-tech industries in the PRC and abroad. SPIC, together with its subsidiaries, is an integrated energy group which simultaneously owns thermal power, hydropower, nuclear power and renewable energy resources in the PRC. As at the date of this announcement, SPIC owns approximately 64.68% of the issued share capital of the Company. As SPIC is the ultimate controlling shareholder of the Company, SPIC, its subsidiaries and associates are connected persons of the Company within the meaning of the Listing Rules. Yuanda Waterworks is a wholly-owned subsidiary of Yuanda Environmental. As of the date of this announcement, Yuanda Environmental is an associate of SPIC. Accordingly, Yuanda Waterworks is a connected person of the Company and entering into the EPC Contracting Agreements constitute connected transactions of the Company under the Listing Rules. As the EPC Contracting Agreements were both entered into with the same counterparty, Yuanda Waterwork...
