Common use of OF THE LISTING RULES Clause in Contracts

OF THE LISTING RULES. Pursuant to the Facility Agreement, it requires that (i) the Controlling Shareholders will collectively maintain beneficial shareholding of not less than 51% of the entire issued share capital of the Company; and (ii) any of Xx. XXX Xxxxx, Xx. XXX Xxx and Xx. XXX Xxxx shall remain as the chairman of the Board, otherwise it will constitute an event of default. On and at any time after the occurrence of an event of default which is continuing, the facility agent may immediately cancel all or any part of the total commitments under the Facility Agreement; and declare that the outstanding amount under the Facility Agreement together with interest accrued thereon may become immediately due and payable. As at the date of this announcement, the Controlling Shareholders are collectively beneficially interested in approximately 57.13% of the total issued share capital of the Company.

OF THE LISTING RULES. Pursuant to the Facility Agreement, it requires that (i) the Controlling Shareholders will collectively maintain beneficial shareholding of not less than 5140% of the entire issued share capital of the Company; and (ii) any of Xx. XXX Xxxxx, Xx. XXX Xxx and Xx. XXX Xxxx shall remain as the chairman of the Board, otherwise it will constitute an event of default. On and at any time after the occurrence of an event of default which is continuing, the facility agent may Lender may, by notice, to the Company immediately cancel all or any part of the total commitments under the Facility Agreement; and declare that the outstanding amount under the Facility Agreement together with interest accrued thereon may become immediately due and payable. As at the date of this announcement, the Controlling Shareholders are collectively beneficially interested in approximately 57.1355.85% of the total issued share capital of the Company.

OF THE LISTING RULES. Pursuant to the Facility Agreement, it requires that (i) the Controlling Shareholders will collectively maintain beneficial shareholding of not less than 51% of the entire issued share capital of the Company; and (ii) any of Xx. XXX Xxxxx, Xx. XXX Xxx and Xx. XXX Xxxx shall remain as the chairman of the Board, otherwise it will constitute an event of default. On and at any time after the occurrence of an event of default which is continuing, the facility agent Lender may immediately cancel all or any part of the total commitments under the Facility Agreement; and declare that the outstanding amount under the Facility Agreement together with interest accrued thereon may become immediately due and payable. As at the date of this announcement, the Controlling Shareholders are collectively beneficially interested in approximately 57.1357.01% of the total issued share capital of the Company.

OF THE LISTING RULES. Pursuant to the The Facility AgreementAgreements require that, it requires that among others, (i) the Controlling Shareholders will collectively maintain beneficial shareholding ownership of not less than at least 51% of the entire issued share capital of the Company; and (ii) any of Xx. XXX Xxxxx, Xx. XXX Xxx and Xx. XXX Xxxx shall remain as the chairman of the Board, otherwise it will would constitute an event of defaultdefault under the Facility Agreements. On Upon and at any time after the occurrence of an event of default which is continuing, the facility agent Lenders may immediately cancel all or any part of the total their respective commitments under the Facility Agreement; and declare that the outstanding amount under the respective Facility Agreement Agreements together with interest accrued thereon thereon, and all other amounts accrued or outstanding, may become immediately due and payable. As at the date of this announcement, the Controlling Shareholders are collectively beneficially interested in approximately 57.1368.14% of the total issued share capital of the Company.