INFORMATION ON THE GROUP. The core business of the Group is property development and investment in Western China, manufacturing and trading of packaging and luggage products, as well as treasury investment.
INFORMATION ON THE GROUP. The Group is principally engaged in property development and investment businesses.
INFORMATION ON THE GROUP. The Group is principally engaged in open-pit mining and processing of coking coal in Mongolia, as well as the transportation, export and sale of the resulting premium products into China. MCS International, a wholly-owned subsidiary of MCS Holding LLC, is principally engaged in project management, design, engineering, operation and maintenance of power plant, electricity and thermal energy distribution facilities, and supply of electricity and thermal energy. MCS International is a wholly-owned subsidiary of MCS Holding LLC which is in turn wholly- owned and controlled by MCS (Mongolia) Limited which directly owns a 100% shareholding interest in MCS Mining Group, a substantial Shareholder holding approximately 33.50% of the issued share capital of the Company as at the date of this announcement. As such, MCS International is a connected person of the Company within the meaning of the Listing Rules and the transaction contemplated under the Agreement constitutes a continuing connected transaction of the Company. As the applicable percentage ratios for the annual caps for the continuing connected transaction under the Agreement are expected to be more than 0.1% but less than 5%, the transaction contemplated under the Agreement is subject to the reporting and announcement requirements but exempt from independent shareholders’ approval requirements under Chapter 14A of the Listing Rules. Each of Mr. Xxxxxxxx Xxxxxxxxxx, Mr. Xx Xxxxxxxxxx, Xx. Xxxxxxxxx Xxxxxxxx, being a Director and a director of MCS Mining Group, has material interests in the transaction contemplated under the Agreement and has abstained from voting on the relevant resolutions of the Board in relation to the approval of the Agreement and the relevant annual caps. The Directors (including the independent non-executive Directors) are of the view that the continuing connected transaction contemplated under the Agreement is entered into in the ordinary and usual course of business of the Group, on normal commercial terms (or on terms no less favourable to the Group than terms available to or from independent third parties) and on terms that are fair and reasonable, and in the interests of the Company and its Shareholders as a whole. In addition, the Directors (including the independent non-executive Directors) are of the view that the annual caps for the continuing connected transaction contemplated under the Agreement are fair and reasonable.
INFORMATION ON THE GROUP. The principal business of the Group is the design, development, manufacture and sale of plush stuffed toys, ride-on toys and plastic figures.
INFORMATION ON THE GROUP. The Group is a real estate property developer in the PRC specialising in the development and operation of urban mixed-use communities, and the development and sale of residential properties in the Pearl River Delta, the Yangtze River Delta, the Central China, the Beijing- Tianjin and the Chengdu-Chongqing regions in the PRC.
INFORMATION ON THE GROUP. The Group is principally engaged in (i) manufacturing and sale of refrigerants, fluoropolymers, organic silicone and other products such as dichloromethane, polyvinyl chloride and liquid alkali; and (ii) property development. Dongyue Organosilicone is a joint stock limited company established in the PRC and is principally engaged in manufacturing and sale of organic silicone products. The A shares of Dongyue Organosilicone are listed on ChiNext of the Shenzhen Stock Exchange (stock code: 300821). As at the date of this announcement, Dongyue Organosilicone is held as to 57.75% by Dongyue Fluorosilicone Science and Technology Group Co., Ltd.* (東岳氟硅科技集團有限公司) (a direct wholly-owned subsidiary of the Company), 9.75% by Zibo Xiaoxi Enterprise Management Partnership (淄博曉希企業管理合夥企業) (“Zibo Xiaoxi”) and 7.5% by Xxxxxx Xxxx Investment Limited ( 長石投資有限公司) (“Xxxxxx Xxxx Investment”). Xxxx Xxxxxx is a PRC limited partnership in which Xx. Xxxxx Xxxxxxxx and Xx. Xxxxx Xxxxxxx (each an executive Director) together own more than 30% interest. Xxxxxx Xxxx Investment is directly controlled by Xx. Xx Xxxx (an executive Director). Therefore, each of Xxxx Xxxxxx and Xxxxxx Xxxx Investment is a connected person of the Company at the issuer level. Accordingly, Dongyue Organosilicone is a connected subsidiary of the Company under Rule 14A.16 of the Listing Rules. As stated above, Dongyue Organosilicone is a connected subsidiary of the Company. Therefore, the entering into of the Raw Materials Master Supply Agreement and the transactions contemplated thereunder constitute continuing connected transaction of the Company under Chapter 14A of the Listing Rules. As one or more of the applicable percentage ratios (as defined under the Listing Rules) calculated with reference to the Maximum Cap exceed(s) 0.1% but are all less than 5%, the transactions under the Raw Materials Master Supply Agreement are subject to the reporting and announcement requirements but exempt from the independent shareholders’ approval requirement under Chapter 14A of the Listing Rules. To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, apart from Xx. Xx Xxxx, Xx. Xxxxx Xxxxxxxx and Xx. Xxxxx Xxxxxxx (the “Abstained Directors”) who have abstained from voting on the Board resolutions approving the Raw Materials Master Supply Agreement in view of their respective interests therein, none of the Directors was in any way materially interested in the Raw Materials Maste...
INFORMATION ON THE GROUP. The Group is principally engaged in development properties and investment properties (including hotels). NSREG is principally engaged in real estate development; property management; rental of commercial premises; public parking service for motor vehicles; economic and trade consultation; hotel management; conference service; project operation for sports (excluding high-risk sports); typing, copying service; sales of daily necessities, handicrafts, self-developed commodity housing; accommodation; swimming; sales of food; engineering survey; engineering design.
INFORMATION ON THE GROUP. The Group is principally engaged in the development and manufacturing of stainless steel products such as watch bracelets, mobile phone cases and parts, smart wearable cases and parts, and fashion accessories. The PRC Subsidiary is an indirect wholly-owned subsidiary of the Company and is principally engaged in the manufacture and trading of stainless steel products.
INFORMATION ON THE GROUP. The Group is principally engaged in the manufacturing, distribution and retailing of shoes and footwear products, and the sales of sportswear and apparel products. The Group has manufacturing plants in China for the production of shoes and footwear products, and sells mainly in China, Hong Kong and Macau. The audited consolidated financial information of the Company for each of the two years ended 29 February 2016 and 28 February 2015 and the unaudited consolidated financial information of the Company for the six months ended 31 August 2016 prepared in accordance with the International Financial Reporting Standards is as follows: For the six months ended 31 August For the year ended 29 February For the year ended 28 February Profit before tax 2,441.4 4,541.2 6,601.4 Profit after tax 1,733.8 2,945.1 4,750.8 56097 Belle Int's E JO No: 56097(A) (TT & Client) (CSD: 849A 848A) 1st Proof / 28 April, 2017 To: Belle International Holdings Limited Attn: Xxxx Xxxx Tel: 0000 0000 00/04/17 14:16:19
INFORMATION ON THE GROUP. As one of the comprehensive property management services providers in the PRC, the Group offers a wide range of services covering the pre-delivery and post-delivery phases to property developers, property owners and property occupants for their enjoyment of community life, which can be categorised in three main business lines, namely, (i) property management services; (ii) value-added services; and (iii) pre-delivery and consulting services. As at the date of this announcement, Xinyuan Real Estate Holdings is indirectly interested in 52.86% of the issued Shares in the Company, and is the controlling shareholder of the Company.
