INFORMATION ON PARTIES Sample Clauses

INFORMATION ON PARTIES. Information on Group The Company has evolved from engaging purely in the solar power business into a diversified leading integrated provider of clean energy and low-carbon and energy-saving solutions with global influence. The Company is continuing to proactively explore various kinds of clean energy resources with an aim to lay a solid foundation for its development into a global leading supplier which provides low-carbon and energy-saving integrated solutions.
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INFORMATION ON PARTIES. NWDS China is principally engaged in the business of department store operation and is an indirect wholly-owned subsidiary of the Company. The Group is principally engaged in the business of operating department store and other related business and property investment operations in the PRC. To the best knowledge of the Directors, K11 RC is an investment holding company and a direct wholly-owned subsidiary of NWD. The principal businesses of NWD Group include property development and investments in the areas of property, infrastructure, hotel operation, department store operation, commercial aircraft leasing, services and technology. The Target Company was established in the PRC on 22 September 2016, with paid-up registered capital of RMB10,000,000 and registered capital of RMB40,000,000. The Target Company is principally engaged in the business of sales of cosmetics and personal care products, and beauty related services. Upon the Completion Date, the Target Company will be owned as to 60% and 40% by K11 RC and NWDS China, respectively. FINANCIAL INFORMATION OF THE TARGET COMPANY Set out below are certain financial information of the Target Company based on the audited financial statements for each of the two financial years ended 31 December 2016 and 31 December 2017: For the financial year ended 31 December 2016 (RMB) For the financial year ended 31 December 2017 (RMB) Net loss before tax (103,048) (867,954) Net loss after tax (103,048) (867,954) As at 31 December 2017, the audited book value of the net assets of the Target Company amounted to approximately RMB8,200,000. REASONS FOR AND BENEFITS OF ENTERING INTO THE EQUITY TRANSFER AGREEMENT The Target Company is principally engaged in the business of sales of cosmetics and personal care products, and beauty related services. The board of Directors considers that the acquisition of 40% of the equity interests in the Target Company under the Equity Transfer Agreement would further expand the retail network and scope of the Group and in turn, would enable the Group to diversify its retail operations, while having immediate synergetic effect within the Group as a whole. The Directors (including the independent non-executive Directors) are of the view that the acquisition of 40% of the equity interests in the Target Company under the Equity Transfer Agreement is on normal commercial terms and the transaction contemplated under the Equity Transfer Agreement is fair and reasonable, in the ordinary and usual co...
INFORMATION ON PARTIES. CMHIT is a limited liability company incorporated under the laws of the PRC and is principally engaged in providing technology solutions. It is 76.84%-owned by the Company and 23.16%-owned by CMPG and is a connected subsidiary of the Company. CMSIZ is a company incorporated in the PRC and its principal activities are the development and operation in the Shekou Industrial Zone and property development and investment in Shekou, Shenzhen, the PRC. It is an indirect subsidiary of CMG and therefore a connected person of the Company. Haixing, a subsidiary of the Company, is a limited liability company incorporated under the laws of the PRC. It is principally engaged in terminal and other port facilities services, cargo handling and warehousing services. SCMPS, an indirect subsidiary of the Company, is a limited liability company established under the laws of the PRC. Its principal activity is the provision of terminal services and ports transportation.
INFORMATION ON PARTIES. NWDS China is principally engaged in the business of department store operation and is an indirect wholly-owned subsidiary of the Company. The Group is principally engaged in the business of operating department store and other related business and property investment operations in the PRC. To the best knowledge of the Directors, K11 RC is an investment holding company and a direct wholly-owned subsidiary of NWD. The principal businesses of NWD Group include property development and investments in the areas of property, infrastructure, hotel operation, department store operation, commercial aircraft leasing, services and technology. The Target Company was established in the PRC on 22 September 2016, with paid-up registered capital of RMB10,000,000 and registered capital of RMB40,000,000. The Target Company is principally engaged in the business of sales of cosmetics and personal care products, and beauty related services. FINANCIAL INFORMATION OF THE TARGET COMPANY Set out below are certain financial information of the Target Company based on the financial statements for each of the two financial years ended 31 December 2017 and 31 December 2018: For the financial year ended 31 December 2017 For the financial year ended 31 December 2018 (RMB) (audited) (RMB) (audited) Net profit / (loss) before tax (867,954) 241,387 Net profit / (loss) after tax (867,954) 241,387 As at 30 June 2019, the unaudited book value of the net assets of the Target Company amounted to approximately RMB8,500,000, which represented the paid-up capital of the Target Company solely injected by K11 RC of RMB10,000,000 and the loss of the Target Company since incorporation.
INFORMATION ON PARTIES. The Company is an investment holding company whose subsidiaries are principally engaged in the operation of large-scale hypermarket stores in the PRC. XXXX is an investment holding company and is indirectly wholly-owned by CPG. REASONS FOR THE CONTINUING CONNECTED TRANSACTIONS The C.P. Lotus Group has been sourcing merchandise under the 2014 Purchase Agreement from the related entities of XXXX. Due to this long term business relationship, these associates of XXXX have been able to provide steady supplies of the Relevant Products to the C.P. Lotus Group in an efficient manner and on terms no less favourable than those offered by other suppliers to the C.P. Lotus Group. Accordingly, the Directors consider that it is beneficial to the C.P. Lotus Group to continue to enjoy a reliable source of merchandise. Products sourced under the 2014 Purchase Agreement represented approximately 0.9% of the total merchandise purchased by the C.P. Lotus Group for the six months ended 30 June 2016. By entering into the Master XXXX-CCT Purchase Agreement with XXXX, the C.P. Lotus Group will have the ability to continue to purchase from the XXXX Group where circumstances are appropriate. Opinion of the Directors In view of the above, the Directors (excluding the independent non-executive Directors whose opinion will be given after taking into account the advice of the Independent Financial Adviser to be set out in the circular and the three executive Directors who the Board considered to have a material interest in the Continuing Connected Transactions for the reason mentioned below) consider that the terms of the Master XXXX-CCT Purchase Agreement and the Continuing Connected Transactions (including the proposed annual caps) are on normal commercial terms and in the ordinary and usual course of business of the Company, fair and reasonable and in the interests of the Company and the Shareholders as a whole. As Mr. Soopakij Chearavanont (executive Director and Chairman of the Company), Xx. Xxxxxx Xxxxxxxxxxxx (executive Director and Vice Chairman of the Company) and Mr. Umroong Sanphasitvong (executive Director) have directorship in the intermediate holding company of XXXX, the Board considered that each of Messrs. Soopakij Chearavanont, Xxxxxx Xxxxxxxxxxxx and Umroong Sanphasitvong had a material interest in the Continuing Connected Transactions, and accordingly each of Messrs. Soopakij Chearavanont, Xxxxxx Xxxxxxxxxxxx and Umroong Sanphasitvong was required to abstain from vot...
INFORMATION ON PARTIES. The Company The Company and its subsidiaries mainly develop, construct, operate and manage power plants in China. It is one of the largest listed power suppliers in China. As at 30 June 2023, the Company’s controlled generation capacity is 129,995 MW. Hainan Company Hainan Company is a company limited by shares established in the PRC in 1994. The Company holds 91.8% equity interest in Hainan Company, which is a subsidiary of the Company. Hainan Company is mainly engaged in investing in the construction and operation of various types of power plants; development and utilization of clean energy; power plant project contracting and equipment maintenance services; technical advisory services; and production and sales of electricity, heat, steam and other energy products, etc. Group Fuel Company Group Fuel Company is a limited liability company established in the PRC in 2010 with a registered capital of RMB3 billion. Group Fuel Company is a subsidiary of Huaneng Group. Group Fuel Company is mainly engaged in coal wholesale operation; import and export business; warehousing services; and economic information consulting and other business. The following financial data are extracted from Group Fuel Company’s financial reports prepared in accordance with the PRC accounting standards: 31 December 2021 (audited) 31 December 2022 (audited) 30 June 2023 (unaudited) RMB million RMB million RMB million Total Assets 20,759 18,527 13,838 Total Liabilities 16,804 14,533 9,914 Net Assets 3,955 3,994 3,924 Operating Income 68,258 81,694 38,092 Net Profit 42 28 -81 * As at 31 December 2021, 2022 and 30 June 2023, the total bank loan amounted to RMB3,271, and RMB2,706 million and RMB2,083 million, respectively, and the total current liability amounted to RMB13,851, and RMB12,119 million and RMB8,600 million, respectively. LE Shipping LE Shipping is a limited liability company established in the PRC in 2008 with a registered capital of RMB800 million. As of the date of announcement, LE Shipping is owned as to 60% by Group Fuel Company and 40% by Hainan Company. LE Shipping is mainly engaged in domestic waterway transport, international maritime support business, international ship transport; cargo transport agent, maritime international cargo transport agent, ship equipment maintenance, business consulting, domestic shipping agent, international shipping agent, the import and export of goods and technology, coal operations and other businesses. The following financial data are e...
INFORMATION ON PARTIES. CMHIT is a limited liability company incorporated under the laws of the PRC and is principally engaged in providing technology solutions. It is 76.84%-owned by the Company and 23.16%-owned by CMPG and is a connected subsidiary of the Company. Chiwan Container Terminal is a limited liability company incorporated in the PRC and its principal activities are port handling, warehousing and stacking businesses. It is a subsidiary of CMPG and therefore a connected person of the Company. Chiwan Port Container is a limited liability company incorporated in the PRC and its principal activities are international container businesses relating to container and cargo loading and discharging, transfer and intermodal transportation. It is a subsidiary of CMPG and therefore a connected person of the Company. Haixing, a subsidiary of the Company, is a limited liability company incorporated under the laws of the PRC and is principally engaged in terminal and other port facilities services, cargo handling and warehousing services. Mawan Port is a limited liability company incorporated in the PRC and its principal activities are transportation and port services. It is a subsidiary of CMPG and therefore a connected person of the Company. Mawan Storage is a limited liability company incorporated in the PRC and its principal activities are transportation and port services. It is a subsidiary of CMPG and therefore a connected person of the Company. Shekou Assets Management is a limited liability company incorporated under the laws of the PRC and its principal activities are investment management, corporate management and business consultancy. It is an indirect subsidiary of CMG and therefore a connected person of the Company. Shekou Container Terminal, a subsidiary of the Company, is a limited liability company incorporated in the PRC and its principal activities are businesses relating to container terminal and consulting services for container transportation.
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INFORMATION ON PARTIES. The Group is principally engaged in the business for developing, manufacturing and selling drilling rigs, rig parts and components, and the provision of after-sales services. DFEC, a joint stock limited company incorporated in the PRC with limited liability whose H shares are listed on the Main Board of the Stock Exchange (stock code: 1072) and A shares are listed on the Shanghai Stock Exchange (stock code: 600785), is a subsidiary of Dongfang Electric Corporation. Operating in energy equipment industry, DFEC provides various energy, environmental protection, chemical and other products and systems packages, trade, finance, logistics and other services to global energy operators and other users. DFEC is mainly engaged in development, designing, manufacturing and sale of advanced sets of equipment for the generation of hydropower, thermal power, nuclear power, wind power, steam power and solar power. DFEC is also engaged in such related business as providing global energy operators with construction contracting and services. Dongfang Electric Finance, a limited liability company incorporated in the PRC, is a subsidiary of Dongfang Electric Corporation (DFEC holds 95% of the shares of Dongfang Electric Finance, and Dongfang Electric Corporation holds 5% of the shares of Dongfang Electric Finance). The main business includes provision of finance and fund-raising consultancy, credit accreditation and related advisory and agency services to members units; assisting members units in receipt and payment of transaction amounts; and arrangement of entrustment loans and entrustment investment among members units.
INFORMATION ON PARTIES a. La Sabana School of Law and Political Sciences

Related to INFORMATION ON PARTIES

  • INFORMATION ON THE PARTIES 4.1. The Group and the Tenant The principal activities of the Group are the operation and management of a network of department stores in the PRC. The Tenant is an indirect wholly-owned subsidiary of the Company mainly participating in retail business.

  • Information on Postings a) All job postings shall indicate the following: - date of posting and closing date of posting - hours of work, including start and stop times and days off - pay rate - worksite and work area - start date of position - summary of job description/duties - required qualifications

  • 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.

  • INFORMATION ON THE GROUP The core business of the Group is property development and investment in Western China and treasury investment.

  • Information Given to Third Parties We may disclose information to third parties about you, your account, and the transactions on your account: (i) where it is necessary or helpful for completing transactions; (ii) in order to verify the existence and condition of the account for a third party (e.g., a merchant); (iii) in order to comply with government agency or court orders; (iv) if you give us your consent; (v) to service providers who administer the account or perform data processing, records management, collections, and other similar services for us, in order that they may perform those services; (vi) in order to identify, prevent, investigate or report possible suspicious or illegal activity; (vii) in order to issue authorizations for transactions on the account; (viii) to disclose the existence, history, and condition of your account to consumer reporting agencies; and (ix) as permitted by law. Please see our Privacy Policy for further details.

  • Disclosure of Information to Third Parties We will disclose information to third parties about your account or electronic transfers you make:

  • Disclosure to Third Parties (a) Notwithstanding the foregoing provisions of Section 7.1, the Parties may disclose Confidential Information belonging to the other Party:

  • INFORMATION AND CONFIDENTIALITY 20.1 Each party recognises that under this Agreement it may receive Confidential Information belonging to the other.

  • COOPERATION ON FRAUD 25.1. The Parties agree that they shall cooperate with one another to investigate, minimize and take corrective action in cases of fraud. The Parties’ fraud minimization procedures are to be cost effective and implemented so as not to unduly burden or harm one party as compared to the other.

  • Disclosure to Representatives Recipient agrees that it shall maintain the Confidential Information in strict confidence and that the Confidential Information shall not, without Provider’s prior written consent, be disclosed by Recipient or by its affiliates, or their respective officers, directors, partners, employees, agents, or representatives (collectively, “Representatives”) in any manner whatsoever, in whole or in part, and shall not be used by Recipient or by its Representatives other than in connection with the Solicitation and the evaluation or negotiation of the Agreement; provided that, PG&E may use Confidential Information, consolidated with other market information and not specifically attributed to the Provider, to analyze or forecast market conditions or prices, for its own internal use or in the context of regulatory or other proceedings. Moreover, Recipient agrees to transmit the Confidential Information only to such of its Representatives who need to know the Confidential Information for the sole purpose of assisting Recipient with such permitted uses, as applicable; provided that, Recipient shall inform its Representatives of this Confidentiality Agreement and secure their agreement to abide in all material respects by its terms. In any event, Recipient shall be fully liable for any breach of this Confidentiality Agreement by its Representatives as though committed by Recipient itself.

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