INFORMATION ON THE PROJECT Sample Clauses

INFORMATION ON THE PROJECT. The Project identified as “Capital City” was initially proposed to entail the development of the Retail Podium, three (3) tower blocks of office suites and two (2) tower blocks of hotel suites based on the conditional planning permission issued by Majlis Bandaraya Johor Bahru vide its letters dated 19 November 2013. However, due to the weak demand and oversupply of offices within the vicinity of the Development Land, as well as the higher demand for serviced apartments as such property is governed under the Housing Development (Control and Licensing) Act 1966 as opposed to office suites, the Parties had agreed to vary certain components of the Project to better cater to the demand of property buyers. Accordingly, APSB and CCPSB had varied and obtained the development order and building plan approval from Majlis Bandaraya Johor Bahru vide its letters dated 16 February 2017 and 22 May 2017 respectively, for the revised Project. The revised Project currently entails: (i) the Retail Podium known as the “Capital 21 Mall” with a total net lettable area of approximately 710,000 square feet, which was completed on 26 April 2018 following the issuance of the certificate of completion and compliance for the same. 91% of the units within the Retail Podium are made available for sale while the remaining units (mainly located at the ground floor) are retained by CCPSB for investment purposes. As at LPD, 61% of the units available for sale within the Retail Podium were sold and the percentage of occupancy of the Retail Podium is 51%; (ii) a 16-storey hotel suites tower comprising 315 units of hotel suites; (iii) an 18-storey serviced suites tower comprising 630 units of serviced suites, known as “Capital Suites”. The serviced suites tower block which launched in May 2017 has achieved sales of approximately 30% as at LPD; and (iv) three (3) tower blocks of serviced apartments comprising 15 storeys each with a total of 690 units of serviced apartments.
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INFORMATION ON THE PROJECT. The freehold lands comprise an area approximately 8.7 acres and details of the said Lands are as follows:-
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INFORMATION ON THE PROJECT. 2.1 Details of the Land
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INFORMATION ON THE PROJECT. The Land was originally acquired by HSYJ in 2003 at a total cost of RMB12,087,000 (equivalent to approximately HK$15,193,000). Accordingly, XXXX’s original cost of the 57% of the Project Interest to be acquired by Verakin Property amounts to the sum of RMB6,889,590 (equivalent to approximately HK$8,660,000). The Land has an area of approximately 95,312 sqm. HSYJ has obtained the Land Use Certificate in respect of the Land, being Land Use Right Certificate Xx Xxx Xxxx (2003) No. 562, for a term of 50 years for residential purposes with a plot ratio of 1.0. Based on a plot ratio of 3.0, the Project will have approximately 285,936 sqm GFA. As at the date of this announcement, there are several buildings and structures erected on the Land pending clearance and demolition by HSYJ pursuant to the Conditions Precedent. The financial highlights and operating results of HSYJ are as follows: 6 months ended 30 June 2013 RMB’000 (Unaudited) 12 months ended 31 December 2012 RMB’000 (Audited) 12 months ended 31 December 2011 RMB’000 (Audited) Turnover 38,584 1,544 - Profit (Loss) Before Tax 7,609 (1,010) (18,359) Net Profit (Loss) 7,609 (1,010) (18,359) As at 30 June 2013 RMB’000 (Unaudited) As at 31 December 2012 RMB’000 (Audited) As at 31 December 2011 RMB’000 (Audited) Total Assets 573,613 329,632 335,091 Total Liabilities 489,508 284,415 288,864 Net Assets 84,105 45,217 46,227 Despite the Group’s expansion into other major cities in Western China, Chongqing has remained its home territory. Currently the Group has no less than 19 projects of various types in Chongqing in different stages of development covering CBD-type commercial property, high-end residential flats, low-rises villas and town houses, and “rigid-demand” home units. As one of the most dynamic property developers in Chongqing, the Group regularly canvasses the market for available land resources to maintain this diversified portfolio mix. The Project is located in the Nan’an District in Chongqing, the same district as Verakin Property’s highly successful project, Verakin New Park City, which will go into its final development phases in the near future. Located in the low development-density part of the Nan’an District, the Project has the advantage of having the Nan Xxxx Xxxxx Belt and scenic points in its vicinity. Under the Agreement, as part of the Conditions Precedent HSYJ shall be responsible for increasing the plot ratio of the Land to a value not less than 3.0, which plans to develop the Project...
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INFORMATION ON THE PROJECT title (Polish), title (English), registration number, agreement number, agreement amount, project period (number of months), start date (YYYY-MM-DD), end date (YYYY-MM-DD), keywords, Description of changes4
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INFORMATION ON THE PROJECT. The Land is situated in a prime location within a matured residential township with ready infrastructures and amenities. Neighbouring the Land is a major hypermart, an integrated commercial development and retail shop lots. The Land is also within close proximity to international schools and two proposed MRT stations and is easily accessible via major roads and highways including the Damansara-Puchong Expressway, Putrajaya-KLIA Expressway, Puchong-Sungai Besi Highway, North South Expressway and SKVE Expressway. AVD intends to develop the Land into a residential development consisting of service apartments complete with full facilities. The gross development value of the Project is estimated to be RM300.0 million. Based on current plans, the development is expected to be launched in Q4 2019.
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INFORMATION ON THE PROJECT 
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Related to INFORMATION ON THE PROJECT

  • INFORMATION ON THE PARTIES The Company

  • Information on Company The Subscriber has been furnished with or has obtained from the XXXXX Website of the Securities and Exchange Commission (the “Commission”) the Company's Form 10-KSB for the year ended December 31, 2003 as filed with the Commission, together with all subsequently filed Forms 10-QSB, 8-K, and filings made with the Commission available at the XXXXX website (hereinafter referred to collectively as the "Reports"). In addition, the Subscriber has received in writing from the Company such other information concerning its operations, financial condition and other matters as the Subscriber has requested in writing (such other information is collectively, the "Other Written Information"), and considered all factors the Subscriber deems material in deciding on the advisability of investing in the Securities.

  • Implementation of and Reporting on the Project A. The Grantee shall implement and complete the Project in accordance with Exhibit A and with the plans and specifications contained in its Grant Application, which is on file with the State and is incorporated by reference. Modification of the Project shall require prior written approval of the State. B. The Grantee shall submit to the State written progress reports until the completion of the Project. These reports shall be submitted upon request by the State and shall contain such detail of progress or performance on the Project as is requested by the State.

  • INFORMATION OF THE PARTIES Information of the Company Information of the Lessees

  • Information on Postings Such notice shall contain the following information: nature of position, qualifications, required knowledge and education, skills, shift, the number of hours of work, wage or salary rate or range. Such qualifications and requirements shall be those necessary to perform the job function and may not be established in an arbitrary or discriminatory manner. All job postings shall state "This position is open to male and female applicants."

  • Information Concerning Company The Reports contain all material information relating to the Company and its operations and financial condition as of their respective dates which information is required to be disclosed therein. Since the date of the financial statements included in the Reports, and except as modified in the Other Written Information or in the Schedules hereto, there has been no material adverse change in the Company's business, financial condition or affairs not disclosed in the Reports. The Reports do not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading in light of the circumstances when made.

  • Ownership Information The Participant hereby covenants that so long as the Participant holds any LTIP Units, at the request of the Partnership, the Participant shall disclose to the Partnership in writing such information relating to the Participant’s ownership of the LTIP Units as the Partnership reasonably believes to be necessary or desirable to ascertain in order to comply with the Code or the requirements of any other appropriate taxing authority.

  • Access to Information Such Purchaser acknowledges that it has had the opportunity to review the Transaction Documents (including all exhibits and schedules thereto) and the SEC Reports and has been afforded, (i) the opportunity to ask such questions as it has deemed necessary of, and to receive answers from, representatives of the Company concerning the terms and conditions of the offering of the Securities and the merits and risks of investing in the Securities; (ii) access to information about the Company and its financial condition, results of operations, business, properties, management and prospects sufficient to enable it to evaluate its investment; and (iii) the opportunity to obtain such additional information that the Company possesses or can acquire without unreasonable effort or expense that is necessary to make an informed investment decision with respect to the investment. Such Purchaser acknowledges and agrees that neither the Placement Agent nor any Affiliate of the Placement Agent has provided such Purchaser with any information or advice with respect to the Securities nor is such information or advice necessary or desired. Neither the Placement Agent nor any Affiliate has made or makes any representation as to the Company or the quality of the Securities and the Placement Agent and any Affiliate may have acquired non-public information with respect to the Company which such Purchaser agrees need not be provided to it. In connection with the issuance of the Securities to such Purchaser, neither the Placement Agent nor any of its Affiliates has acted as a financial advisor or fiduciary to such Purchaser.

  • PROHIBITION ON CERTAIN TELECOMMUNICATIONS AND VIDEO SURVEILLANCE SERVICES OR EQUIPMENT To the extent applicable, Supplier certifies that during the term of this Contract it will comply with applicable requirements of 2 C.F.R. § 200.216.

  • Access to Financial Information Buyer’s representatives shall have access to, and Seller and its Affiliates shall cooperate with Buyer and furnish upon request, all financial and other information relating to the Hotel’s operations to the extent necessary to enable Buyer’s representatives to prepare audited financial statements in conformity with Regulation S-X of the Securities and Exchange Commission (the “SEC”) and other applicable rules and regulations of the SEC and to enable them to prepare a registration statement, report or disclosure statement for filing with the SEC on behalf of Buyer or its Affiliates, whether before or after Closing and regardless of whether such information is included in the Records to be transferred to Buyer hereunder. Seller shall also provide to Buyer’s representative a signed representation letter in form and substance reasonably acceptable to Seller sufficient to enable an independent public accountant to render an opinion on the financial statements related to the Hotel. Buyer will reimburse Seller for costs reasonably incurred by Seller to comply with the requirements of the preceding sentence to the extent that Seller is required to incur costs not in the ordinary course of business for third parties to provide such representation letters. The provisions of this Section shall survive Closing or termination of this Contract.

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