INFORMATION OF THE LAND Sample Clauses

INFORMATION OF THE LAND a) NMSB is the registered proprietor of all of the following ninety-nine (99) years of leasehold land expiring on 7 June 2109 (hereinafter collectively referred to as “the Development Lands”):-
Sample 1
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INFORMATION OF THE LAND. The Land is situated at 惠州市博羅縣麥田嶺 (Mai Xxxx Xxxx, Boluo County, Huizhou City, the PRC), which includes Land Phase 1, Land Phase 2 and Water-surfaced Land Number 2 with a total area of approximately 1,875 mu. According to the relevant State-owned Construction Land Use Right Transfer Agreements (國有建設用地使用權出讓合同), the Land Phase 1 Section 1 and Land Phase 1 Section 2 shall be used for residential purpose for a period of 70 years. The Target Company intends to bid for Land Phase 1 Section 3 and Land Phase 2 Section 1 and acquire the independent land use right of Water-surfaced Land Number 2.
Sample 1
INFORMATION OF THE LAND. The Land is located at Jalan Ampang Kiri, off Jalan Ampang next to a government high school, and is accessible to all parts of Klang Valley xxx Xxxxx Xxx Xxxxx, Xxxxxx Xxxxx Xxxxxx Elevated Highway (“AKLEH”), Duta-Ulu Kelang Expressway (“DUKE”), Kuala Lumpur Middle Ring Road II (“MRR2”), Stormwater Management and Road Tunnel (“SMART”) highway and Maju Expressway (“MEX”). It is also close to several light rail transit stations. Currently, the Land is vacant without any building erected over it. The amenities within the vicinity of the Land comprise Great Eastern Mall, Suria KLCC, Pavilion KL, Starhill Gallery, Ampang Puteri Specialist, Gleneagles Intan Medical Centre and Institute Flamingo. As at the LPD, the details of the Land are set out below: Postal Address : Xxx 00000, Xxxxxxx 0, Xxxx 0, Xxxxx Xxxxxx, Xxxx of Ulu Kelang, District of Gombak, State of Selangor Title no. : Pajakan Mukim 6395 Land tenure : Leasehold interest for ninety (99) years expiring on 25 January 2094 with an unexpired term of approximately eighty-one (81) years Land area : 22,934 sq. m. (or equivalent to approximately 246,860 sq. ft.) Category of land use : Building Proposed usage : For the Proposed Development as set out in Section 2.2.4 of this Announcement Approvals obtained for the Proposed Development : Planning Approval Obtained from Majlis Perbandaran Ampang Jaya on 4 July 2013 Latest audited net book value of the Land : The information is not made available as the Board is not privy to such information Market value of the Land appraised by PA International Property Consultants (KL) Sdn Bhd (“PA International”) : Average RM510 per sq. ft. or equivalent to approximately RM126,000,000 using the comparison method of valuation Encumbrances : The Land is charged to United Overseas Bank (Malaysia) Bhd (“Existing Chargee”) on 11 June 2013 (“Existing Charge”) Express conditions : Apartment and serviced apartment Restriction-in-interest : The Land cannot be transferred, leased or charged except with the consent of the state authorities
Sample 1
INFORMATION OF THE LAND. The Land is a plot of freehold land measuring approximately 1.218 acre (currently identified as Penang Times Square, Phase 4) and forming part of the land held under a master title known as Geran 172694, Lot 10024, Seksyen 10, Bandar Xxxxxx Town, Daerah Timur Laut, Pulau Pinang measuring approximately 4.922 hectares (approximately 12.1625 acres) in area. IGSB is the registered proprietor of the Land. The Master Land is currently subject to the conditions and restrictions stated in the master title as follows: -
Sample 1
INFORMATION OF THE LAND. The JV Company is the owner of the Land, a parcel of land numbered CPPQ-A-3 located in Xxxxxxxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxxxx Xxxx, Xxxxxxxxx Xxxxxxxx, the PRC. The site area of the Land is approximately 72,000 square meters, with a plot ratio of 1.0 to 2.5. The Land is permitted for residential development and the term of grant is 70 years. The Land was acquired through public auction at a purchase price of RMB2,247,010,000 (equivalent to approximately HK$2,502,270,336) in December 2018, which has been fully settled. Reasons for and benefits of entering into of the Capital Injection Agreement The Group is principally engaged in real estate development, specialised construction, property investment and securities investment. It is believed that the Deemed Disposal will bring in investor and hence improve the JV Company’s capital efficiency and strengthen its financial position. The Directors (including the independent non-executive Directors) considered that the Capital Injection Agreement, which has been entered into after arm’s length negotiation between the parties, is on normal commercial terms, and the terms thereof are fair and reasonable and in the interests of the Company and the Shareholders as a whole. None of the Directors has a material interest in the transactions contemplated under the Capital Injection Agreement and none of them is required to abstain, or has abstained, from voting on the relevant board resolutions approving the transactions contemplated under the Capital Injection Agreement. Listing Rules Implications The joint venture arrangement in respect of the JV Company, being a single purpose vehicle to develop the Land for residential purpose for sale, was, among other things, made on an arm’s length basis on normal commercial terms, and accordingly, the formation of joint venture will be exempt from reporting, announcement and shareholders’ approval requirements under Rule 14.04(1)(f) of the Listing Rules. As one of the applicable percentage ratios under Rule 14.07 of the Listing Rules in relation to the admission of the Investor to contribute 49% of the registered capital of the JV Company exceeds 25% but all applicable percentage ratios are below 75%, the Deemed Disposal constitutes a major transaction for the Company subject to reporting, announcement and shareholders’ approval requirements under Chapter 14 of the Listing Rules. To the best of the Directors’ knowledge, information and belief, having made all reasonable enquiri...
Sample 1
INFORMATION OF THE LAND. The Land is located at Jixi City, Heilongjiang, the PRC with aggregate site area of approximately 153,911 sq.m. for residential usage. It was originally proposed that the Land and two other parcels of land would be developed into a residential development by three phases with an estimated total GFA of approximately 679,568 sq.m. in which GFA of approximately 139,450 sq.m. would be designated for Affordable Houses to be built for the local government. The first phase was originally expected to be available for pre-sale in the second half of 2015 and the whole development was originally expected to be completed in 2017. Prior to Completion, Hengxiang Development had fully paid the land premium and obtained the land use rights in respect of Land 1 and Land 2. As at the date of the Agreement, Hengxiang Development had completed construction on Land 1 for GFA of approximately 29,000 sq.m. out of a total GFA of approximately 100,121 sq.m and completed construction on Land 2 for GFA of approximately 64,000 sq.m. out of a total GFA of approximately 138,297 sq.m.. The construction work on Land 1 and Land 2 by Hengxiang Development had been suspended since end of 2019. Hengxiang Development had only commenced preliminary construction work on Land 3 and Land 4 given that the land premium had not been paid and the land use rights had not been obtained. The book value of the Land to the Group was approximately RMB563,602,000 (equivalent to approximately HK$677,487,000) as at the Completion Date.
Sample 1
INFORMATION OF THE LAND. The Land is situated at the northwest of the intersection of Jinchao Avenue and Beiwaihuan Road and south of Juzhangshan Road in the Chaohu Economic Development Zone, Heifei, Anhui Province, the PRC (中國安徽省合肥市巢湖經開區金巢大道北外環路交口西北側、岠嶂山路以南). The Land has a total site area of 413,878.66 sq.m. and an estimated gross floor area of approximately 460,400 sq.m. The Land is designated for commercial and residential usage with a term of 40 and 70 years, respectively. The Land is close to the Chaohu City Hall* (巢湖市政府), the Chaohu train station and is located in the close vicinity of the only national tourism resort in Anhui Province (Chaohu Bantang Hot Spring Resort in Hefei City), surrounded by some of the famous local attraction sites. The Land is expected to be developed as an international high-quality hot spring destination, which includes, but not limited to, residential properties, hotels, water park and commercial street.
Sample 1
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INFORMATION OF THE LAND. The Land, which comprises Land Phase 1, Land Phase 2 and Water-surfaced Land Number 2 situated at 惠 州 市 博 羅 縣 麥 田 嶺 (Mai Xxxx Xxxx, Boluo County, Huizhou City, the PRC), is planned to be used for residential development of low-rise and high-rise units in Huizhou (the "Project"). Preliminary design and planning of the Project and construction on Land Phase 1 Section 1 and Land Phase 1 Section 2 are underway. Pre-sale for the first phase of the Project has been launched in the second quarter of 2012. The construction work in respect of Land Phase 1 Section 1 and Land Phase 1 Section 2 is expected to be completed in 2012.
Sample 1

Related to INFORMATION OF THE LAND

  • INFORMATION OF THE PARTIES Information of the Company The Company is a company established in the PRC in 1984 and converted into a joint stock limited company on 28 September 2015. The principal business of the Company includes providing comprehensive leasing services to high-quality customers in industries including aviation, infrastructure, shipping, vehicle and construction machinery, new energy, and high-end equipment. Information of the Asset Transferor The Asset Transferor is a state-owned enterprise incorporated in the PRC on 11 April 2016 and located in Guangdong Province, the PRC, which is mainly engaged in the businesses of finance lease, etc. LISTING RULES IMPLICATIONS According to Chapter 14 of the Listing Rules, as the highest applicable percentage ratio of the transaction under the Asset Transfer Agreement is higher than 5% but lower than 25%, the transaction constitutes a discloseable transaction of the Company and is subject to the announcement requirement but is exempt from the shareholders’ approval requirement under Chapter 14 of the Listing Rules.

  • Protection of Trade Secrets or Confidential Information If the Contractor considers any portion of materials made or received in the course of performing the Contract (“contract-related materials”) to be trade secret under section 688.002 or 812.081, F.S., or otherwise confidential under Florida or federal law, the Contractor must clearly designate that portion of the materials as trade secret or otherwise confidential when submitted to the Department. The Contractor will be responsible for responding to and resolving all claims for access to contract-related materials it has designated trade secret or otherwise confidential. If the Department is served with a request for discovery of contract-related materials designated by the Contractor as trade secret or otherwise confidential, the Contractor will be responsible for filing the appropriate motion or objection in response to the request for discovery. The Department will provide materials designated trade secret or otherwise confidential if the Contractor fails to take appropriate and timely action to protect the materials designated as trade secret or otherwise confidential. The Contractor will protect, defend, indemnify, and hold harmless the Department for claims, costs, fines, and attorney’s fees arising from or relating to its designation of contract-related materials as trade secret or otherwise confidential.

  • Proprietary or Confidential Information of City Contractor understands and agrees that, in the performance of the work or services under this Agreement or in contemplation thereof, Contractor may have access to private or confidential information which may be owned or controlled by City and that such information may contain proprietary or confidential details, the disclosure of which to third parties may be damaging to City. Contractor agrees that all information disclosed by City to Contractor shall be held in confidence and used only in performance of the Agreement. Contractor shall exercise the same standard of care to protect such information as a reasonably prudent contractor would use to protect its own proprietary data.

  • Return or Destruction of Confidential Information If an Interconnection Party provides any Confidential Information to another Interconnection Party in the course of an audit or inspection, the providing Interconnection Party may request the other party to return or destroy such Confidential Information after the termination of the audit period and the resolution of all matters relating to that audit. Each Interconnection Party shall make Reasonable Efforts to comply with any such requests for return or destruction within ten days of receiving the request and shall certify in writing to the other Interconnection Party that it has complied with such request.

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