Loan Services. Shandong Finance shall provide certain loan services to the Group under the New Financial Services Agreement. As the said loan services to be provided by Shandong Finance to the Group are on normal commercial terms similar to or more favourable than those offered by other financial institutions for the provision of comparable services in the PRC and are for the benefit of the Group, and no security over the assets of the Group is granted in respect of such loan services, the loan services to be provided by Shandong Finance to the Company under the New Financial Services Agreement are exempt from the reporting, announcement and independent shareholders’ approval requirements under the Listing Rules according to Rule 14A.90 of the Listing Rules. For completeness, the major terms of the said loan services to be provided by Shandong Finance to the Group are set out below for the Shareholders’ information:
Appears in 2 contracts
Samples: Financial Services Agreement, Financial Services Agreement
Loan Services. Shandong Finance shall provide certain loan services to the Group under the New Financial Services Agreement. As the said loan services to be provided by Shandong Finance to the Group are on normal commercial terms similar to or more favourable than those offered by other financial institutions for the provision of comparable services in the PRC and are for the benefit of the Group, and no security over the assets of the Group is granted in respect of such loan services, the loan services service to be provided by Shandong Finance to the Company under the New Financial Services Agreement are exempt from the all reporting, announcement and independent shareholders’ approval requirements under the Listing Rules according to Rule 14A.90 of the Listing Rules. For completeness, the major terms of the said loan services to be provided by Shandong Finance to the Group are set out below for the Shareholdersshareholders’ information:
Appears in 1 contract
Samples: Financial Services Agreement
Loan Services. Shandong Finance shall provide certain loan services to the Group under the New Financial Services Agreement. As the said loan services to be provided by Shandong Finance to the Group are on normal commercial terms similar to or more favourable than those offered by other financial institutions for the provision of comparable services in the PRC and are for the benefit of the Group, and no security over the assets of the Group is granted in respect of such loan services, the loan services service to be provided by Shandong Finance to the Company under the New Financial Services Agreement are exempt from the all reporting, announcement and independent shareholders’ approval requirements under the Listing Rules according to Rule 14A.90 14A.65(4) of the Listing Rules. For completeness, the major terms of the said loan services to be provided by Shandong Finance to the Group are set out below for the Shareholdersshareholders’ information:
Appears in 1 contract
Samples: Financial Services Agreement