PRINCIPAL ACTIVITIES Sample Clauses
The "Principal Activities" clause defines the main business operations or core functions that a party, typically a company, is engaged in. This clause usually outlines the specific types of goods or services the company provides, such as manufacturing electronics, offering consulting services, or distributing consumer products. By clearly stating the principal activities, the clause helps ensure that all parties understand the primary focus of the business, which can be important for regulatory compliance, contractual obligations, and managing expectations between parties.
PRINCIPAL ACTIVITIES. The principal activities of Telewest Communications plc ("Telewest", the "Company", "we", "our", and "us") are the provision of voice, video, data and internet services across multiple platforms and the supply of content and services to the United Kingdom ("UK") pay-television and on-line markets.
PRINCIPAL ACTIVITIES. The principal activity of the Company is investment holding. The principal activities of the Company’s joint venture companies are set out in Note 6 to the financial statements.
PRINCIPAL ACTIVITIES. 5.1. 1 A description of the issuer’s principal activities, including: (a) the main categories of products sold and/or services performed; (b) an indication of any significant new products or activities; (c) the principal markets in which the issuer competes. 33 4-5; 24 to 35; 361 to 367
PRINCIPAL ACTIVITIES. The company's principal activity during the year was the sale of franchises for DVD greetings cards.
PRINCIPAL ACTIVITIES. The principal activities of the LSD Group include property investment, property development, investment in and operation of hotels and restaurants and investment holding. CGL and its subsidiaries are engaged in the manufacture and sale of garments in Hong Kong, Macau and the PRC, as well as property investment in Hong Kong and the PRC.
PRINCIPAL ACTIVITIES. The principal activities of the Company are international and cross-border online commerce through offering of products and services on the retail platform for global trade (“▇▇▇▇▇.▇▇▇”).
PRINCIPAL ACTIVITIES. T3 is a carrier service provider of voice and data services to small and medium businesses in Australia. T3 has developed an exclusive and innovative rewards program for business customers. This is our first report. As such, we are proud to comment on the terrific financial results that the T3 Team has generated. In July 2002 group revenue for the month was $18,985, in June 2004 it was $875,035 a growth of 4,500%. For the year group revenue grew from $1,439,818 in 2002/03 to $6,122,861 for 2003/04 or 325%. Note that $440,000 of the revenue in 2002/03 was as a result of an abnormal item (see note 2), adjusting for that fact, group revenue grew 512%. In February 2003, T3 reached two milestones, firstly, achieving profits for the month. Since then T3 has enjoyed strong net profit growth. Net profit after tax grew from negative $114,297 in 2002/03 to positive $132,512 for 2003/04. Secondly, the first Profit Share payment was distributed to the employees. In 2003, the Board instituted a Discretionary Profit Share scheme to motivate and align the common goals of shareholders and employees, recognising and rewarding high performance. I want to thank our customers and suppliers for their support, but in particular our Team. The T3 Team has been loyal, creative, effective and above all focus on servicing our clients. Each individual in the T3 Team is the reason for the successful results.
PRINCIPAL ACTIVITIES. [The principal activities of GSI consist of securities underwriting and distribution, trading of corporate debt and equity services, non-U.S. sovereign debt and mortgage securities, execution of swaps and derivative instruments, mergers and acquisitions, financial advisory services for restructurings/private placements/lease and project financings, real estate brokerage and finance, merchant banking, stock brokerage and research.] [The purpose of GSW is to issue fungible securities as well as the conduct of financial transactions and auxiliary transactions for financial transactions. GSW is neither engaged in banking transactions as defined in Section 1 of the German Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code (Gewerbeordnung). GSW makes contractual arrangements with GSI which enable GSW to fulfil its obligations under the securities issued by it.] [The principal activity of GSFCI is the issuance of structured notes, warrants and certificates. The securities issued by GSFCI are sold to ▇▇▇▇▇▇▇ ▇▇▇▇▇ International. The proceeds of such issuances are on-lent to other members of the corporate group.]
PRINCIPAL ACTIVITIES. The Company acts as an investment holding company. The principal activities of its principal subsidiaries are set out in note 36 to the consolidated financial statements.
PRINCIPAL ACTIVITIES. During the year, the Company was an investment holding company and its subsidiaries were engaged in the business of property development and investment. An agreement (the “Restructuring Agreement”) for the financial restructuring of the Group was entered into on 11th April, 2000 with Chinese Estates Holdings Limited (“Chinese Estates”) and its subsidiary, Billion Up Limited (“Billion Up”). Following the completion of the Restructuring Agreement (as supplemented) on 20th November, 2000, Billion Up became the new controlling shareholder of the Group. The financial restructuring involved a capital reduction, the restructuring of the Group’s indebtedness through a scheme of arrangement sanctioned by the High Court of the Hong Kong Special Administrative Region (the “Scheme”) and the injection by Billion Up of HK$265 million of new equity capital in the form of cash and development and investment properties in Hong Kong, and an interest-free shareholder’s loan.