Major Shareholders’ Interests Sample Clauses

Major Shareholders’ Interests. Other than TSWC and TSAC, the following major shareholders of the Company also do not consider themselves independent in respect of the Proposed Award of Contract:
Sample 1
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Major Shareholders’ Interests. As at the LPD, MPSB is a major shareholder of L&G, holding 16.66% equity interest in L&G. MPSB is a wholly-owned subsidiary of Xxxxxxx, which in turn is a wholly-owned subsidiary of Prestige Aspect Sdn Bhd (“PASB”). Tan Sri Dato Xxxxx Xxxx is a major and controlling shareholder of PASB via his interest in the holding company of PASB. Therefore, Tan Sri Dato Xxxxx Xxxx is deemed as a major shareholder of L&G and Xxxxxxx. Accordingly, MPSB and Tan Sri Dato Xxxxx Xxxx (“Interested Major Shareholders”) are deemed interested in the Proposed Joint Venture. The Interested Major Shareholders shall abstain from voting in respect of their direct and/or indirect shareholdings in L&G on the resolution pertaining to the Proposed Joint Venture to be tabled at the extraordinary general meeting (“EGM”) to be convened. In addition, the Interested Major Shareholders shall also undertake to ensure that persons connected to them shall abstain from voting in respect of their direct and/or indirect shareholdings in L&G, if any, on the resolution pertaining to the Proposed Joint Venture to be tabled at the EGM to be convened.
Sample 1
Major Shareholders’ Interests. As at the LPD, Xxxxxxx Parkview Sdn. Bhd. (“MPSB”) is a major shareholder of L&G, holdings 34.74% equity interest in L&G. MPSB is a wholly-owned subsidiary of Xxxxxxx, which in turn is a wholly-owned subsidiary of Prestige Aspect Sdn Bhd (“PASB”). Tan Sri Dato Xxxxx Xxxx is a major and controlling shareholder of PASB via his interest in the holding company of PASB. Therefore, Tan Sri Dato Xxxxx Xxxx is deemed as a major shareholder of L&G and Xxxxxxx. Accordingly, MPSB and Tan Sri Dato Xxxxx Xxxx (“Interested Major Shareholders”) are deemed interested in the Proposed Joint Venture.
Sample 1

Related to Major Shareholders’ Interests

  • Membership Interests The Sole Member currently owns one hundred percent (100%) of the percentage interests in the Company.

  • INTERESTS OF DIRECTORS AND CONTROLLING SHAREHOLDERS Save for their respective shareholdings in the Company and as disclosed, none of the Directors or controlling shareholders of the Company or their respective associates has any direct or indirect interest in the Shareholder’s Loan.

  • Transfer of Membership Interest The Sole Member may Transfer any part or all of its rights and interest (including, but not limited to, its Capital Account) in the Company (each a “Membership Interest”) now owned or hereafter acquired to any Person, and the transferee of such Membership Interest shall become a Member of the Company.

  • Warrantholder not a Shareholder Except as may be specifically provided herein, nothing in this Indenture or in the holding of a Warrant Certificate, entitlement to a Warrant or otherwise, shall, in itself, confer or be construed as conferring upon a Warrantholder any right or interest whatsoever as a Shareholder, including, but not limited to, the right to vote at, to receive notice of, or to attend, meetings of Shareholders or any other proceedings of the Corporation, or the right to Dividends and other allocations.

  • Voting of Escrow Securities You may exercise any voting rights attached to your escrow securities.

  • Overseas Shareholders The release, publication or distribution of this Announcement in or into certain jurisdictions other than the United Kingdom or the United States may be restricted by law. Persons who are not resident in the United Kingdom or the United States or who are subject to other jurisdictions should inform themselves of, and observe, any applicable requirements. Unless otherwise determined by Bidco or required by the Takeover Code, and permitted by applicable law and regulation, the Acquisition shall not be made available, directly or indirectly, in, into or from a Restricted Jurisdiction where to do so would violate the laws in that jurisdiction and no person may vote in favour of the Acquisition by any such use, means, instrumentality or form within a Restricted Jurisdiction or any other jurisdiction if to do so would constitute a violation of the laws of that jurisdiction. Accordingly, copies of this Announcement and all documents relating to the Acquisition are not being, and must not be, directly or indirectly, mailed or otherwise forwarded, distributed or sent in, into or from a Restricted Jurisdiction where to do so would violate the laws in that jurisdiction, and persons receiving this Announcement and all documents relating to the Acquisition (including custodians, nominees and trustees) must not mail or otherwise distribute or send them in, into or from such jurisdictions where to do so would violate the laws in that jurisdiction. The availability of the Acquisition to Xxxx Xxxxx Shareholders who are not resident in the United Kingdom (and, in particular, their ability to vote their Xxxx Xxxxx Shares with respect to the Scheme at the Court Meeting, or to appoint another person as proxy to vote at the Court Meeting on their behalf) may be affected by the laws of the relevant jurisdictions in which they are resident. Persons who are not resident in the United Kingdom should inform themselves of, and observe, any applicable requirements, as any failure to comply with such requirements may constitute a violation of the securities laws of any such jurisdiction. To the fullest extent permitted by applicable law, the companies and persons involved in the Acquisition disclaim any responsibility or liability for the violation of such restrictions by any person. The Acquisition shall be subject to the applicable requirements of the Takeover Code, the Panel, the London Stock Exchange and the Financial Conduct Authority. Further details in relation to Overseas Shareholders will be contained in the Scheme Document. This Announcement does not constitute a prospectus or prospectus equivalent document.

  • Shareholder Rights With respect to the foreign securities held pursuant to this Section 4, the Custodian will use reasonable commercial efforts to facilitate the exercise of voting and other shareholder rights, subject always to the laws, regulations and practical constraints that may exist in the country where such securities are issued. The Fund acknowledges that local conditions, including lack of regulation, onerous procedural obligations, lack of notice and other factors may have the effect of severely limiting the ability of the Fund to exercise shareholder rights.

  • Transfer of Membership Membership shall not be transferred except with the approval and consent of the Board of Managers and in accordance with the Capital Units Transfer System.

  • Restriction of Shareholders / Owners’ Liability 17.8.1 Parties expressly agree and acknowledge that none of the shareholders of the Parties hereto shall be liable to the other Parties for any of the contractual obligations of the concerned Party under this Agreement. Further, the financial liabilities of the shareholder/s of each Party to this Agreement, shall be restricted to the extent provided in the Indian Companies Act, 2013.

  • New Members No person may be admitted as a member of the Company without the approval of the Member.

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