INFORMATION TO SHAREHOLDERS. Upon written request by a shareholder of the corporation, the Board of Directors shall furnish to him a statement of profit and loss for the last fiscal year and a balance sheet containing a summary of the assets and liabilities as of the close of such fiscal year.
INFORMATION TO SHAREHOLDERS. The Original Transactions as disclosed in the Previous Circular constituted a major transaction of the Company under Chapter 14 of the Listing Rules and written Shareholders' approval for the Original Transactions had been obtained. As a result of the replacement of Sea Launch for the commissioning of AsiaSat 5, the total commission cost, taking into account the new consideration under the Launch Contract less the cost of the Original Launch Contract of US$45 million (approximately HK$351 million), will add up to a total of approximately US$215 million (approximately HK$1,677 million). For the purposes of calculating the applicable size test to the Launch Contract under the Listing Rules, the Launch Contract will be aggregated with the Original Transactions. As certain applicable percentage ratios as a result of this aggregation exceed 25% but is less than 100%, the entering into the Launch Contract and the transactions contemplated thereunder constitute a major transaction of the Company pursuant to Chapter 14 of the Listing Rules and are therefore subject to announcement, circular 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 enquiries, no Shareholder is required to abstain from voting if the Company were to convene a general meeting for the approval of the transaction. As such, the Launch Contract and the transactions contemplated thereunder will be approved by written shareholders’ approval in accordance with Rule 14.44 of the Listing Rules. No Shareholders' meeting will be convened to consider the Launch Contract. The Company’s controlling shareholder, Bowenvale Limited, which owns approximately 69% of the issued share capital or 268,905,000 ordinary shares of the Company as at the date of this announcement, has granted its written approval to the Company for the entering into of the Launch Contract and the transactions contemplated thereunder as required under the Listing Rules. The Circular containing, among other things, details of the Launch Contract and the transactions contemplated thereunder, relevant financial information as required under the Listing Rules will be despatched to the Shareholders on or before 27 March 2009. The Company has applied to the Stock Exchange an extension of 2 weeks for the publication of the Circular pending the release of the Company’s annual results for the financial year ended 31 December 20...
INFORMATION TO SHAREHOLDERS at the same time as sent to shareholders of a Security Party, it will deliver to the Lender copies of any circular, document or other written information sent to such shareholders generally (or any class of them) or to its creditors generally (or any class of them) in respect of any re-adjustment, rescheduling or deferral of all or a material part of its indebtedness;
INFORMATION TO SHAREHOLDERS. 7.1 The Offer Documents do not include an untrue statement of a material fact or omit or will omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading. Each forecast, estimate and expression of opinion, intention or expectation (if any) contained in the Offer Documents is made on reasonable grounds, is honestly held, is fairly based and has been made after due and careful consideration and no information has been omitted which is likely to make any such forecast, estimate or expression of opinion, intention or expectation untrue, inaccurate or misleading in any material respect or which is material for disclosure in the Offer Documents. The representations and warranties in this subsection shall not apply to statements in or omissions from the Offer Documents made in reliance upon and in conformity with information furnished to the Company in writing by Merrxxx Xxxcx xxxressly for use in the Offer Documents.
INFORMATION TO SHAREHOLDERS at the same time as sent to its shareholders, it will deliver to the Agent enough copies for the Lenders of any circular, document or other written information sent to its shareholders as such;
INFORMATION TO SHAREHOLDERS. The Guarantor, shall promptly after mailing or delivery thereof, deliver to the Agent in sufficient copies for the Banks, copies of all filings with the Securities Exchange Commission.
INFORMATION TO SHAREHOLDERS. The Company will provide to each Shareholder:
INFORMATION TO SHAREHOLDERS. Each Shareholder shall receive the same materials and agenda items which the Board of Directors may receive at any regular or special meeting of the Board of Directors; provided however, that some materials to be covered in a meeting of the Directors may be deemed confidential in the reasonable discretion of the Chairman of the Board, which confidential materials may not be furnished to any Person which is not a Director.
INFORMATION TO SHAREHOLDERS. Any information supplied by the Company to the Shareholders to consider in connection with the Mergers, other than information supplied in writing to the Company by Parent for such purpose, shall not, on the date any such information is sent to the Shareholders and on the Closing Date, contain any statement which, at such time and in light of the circumstances under which it shall be made, is false or misleading with respect to any material fact, or omit to state any material fact necessary in order to make the statements made therein, not false or misleading; or omit to state any material fact necessary to correct any statement in any earlier communication with respect to the Mergers.
INFORMATION TO SHAREHOLDERS. Simultaneous with the distribution thereof to the Guarantor's Equity Interest holders, Borrower shall furnish to the Administrative Agent and the Lenders copies of all periodic and other reports, proxy statements and other materials distributed by Guarantor to its Equity Interest holders generally, including all filings with the Securities and Exchange Commission by Guarantor.
