REASONS FOR AND BENEFITS OF THE CONNECTED TRANSACTION. The Company has undertaken the Hongqiao Airport Project as a general contractor. Huadong Cares is principally engaged in the provision of computer software and hardware development and data network services. Huadong Cares has the necessary qualification, capability and technological skill required to carry out the relevant work as specified under the Huadong Cares Subcontract Agreement. The Board is of the view that it will be for the benefit of the Company to subcontract to Huadong Cares the relevant work as specified under the aforementioned agreement. The Directors (including the independent non-executive Directors) are of the view that the transaction under the Huadong Cares Subcontract Agreement will be conducted in the ordinary and usual course of business of the Group and on normal commercial terms, and that the terms of the transaction are fair and reasonable and in the interests of the Company and the Shareholders as a whole.
Appears in 1 contract
Samples: Subcontract Agreement
REASONS FOR AND BENEFITS OF THE CONNECTED TRANSACTION. The Company has undertaken the Hongqiao Jiujiang Airport Project as a general contractor. Huadong Cares is principally engaged in the provision of computer software and hardware development and data network services. Huadong Cares has the necessary qualification, capability and technological skill required to carry out the relevant work as specified under the Huadong Cares Subcontract Agreement. The Board is of the view that it will be for the benefit of the Company to subcontract to Huadong Cares the relevant work as specified under the aforementioned agreement. The Directors (including the independent non-executive Directors) are of the view that the transaction under the Huadong Cares Subcontract Agreement will be conducted in the ordinary and usual course of business of the Group and on normal commercial terms, and that the terms of the transaction are fair and reasonable and in the interests of the Company and the Shareholders as a whole.
Appears in 1 contract
Samples: guangzhou.travelsky.cn
REASONS FOR AND BENEFITS OF THE CONNECTED TRANSACTION. The Company has undertaken the Hongqiao Jinggangshan Airport Project as a general contractor. Huadong Cares is principally engaged in the provision of computer software and hardware development and data network services. Huadong Cares has the necessary qualification, capability and technological skill required to carry out the relevant work as specified under the Huadong Cares Subcontract Agreement. The Board is of the view that it will be for the benefit of the Company to subcontract to Huadong Cares the relevant work as specified under the aforementioned agreement. The Directors (including the independent non-executive Directors) are of the view that the transaction under the Huadong Cares Subcontract Agreement will be conducted in the ordinary and usual course of business of the Group and on normal commercial terms, and that the terms of the transaction are fair and reasonable and in the interests of the Company and the Shareholders as a whole.
Appears in 1 contract
Samples: Huadong Cares Subcontract Agreement
REASONS FOR AND BENEFITS OF THE CONNECTED TRANSACTION. The Company has undertaken the Hongqiao Ningbo Airport Project as a general contractor. Huadong Cares is principally engaged in the provision of computer software and hardware development and data network services. Huadong Cares has the necessary qualification, capability and technological skill required to carry out the relevant work as specified under the Huadong Cares Subcontract Agreement. The Board is of the view that it will be for the benefit of the Company to subcontract to Huadong Cares the relevant work as specified under the aforementioned agreement. The Directors (including the independent non-executive Directors) are of the view that the transaction under the Huadong Cares Subcontract Agreement will be conducted in the ordinary and usual course of business of the Group and on normal commercial terms, and that the terms of the transaction are fair and reasonable and in the interests of the Company and the Shareholders as a whole.
Appears in 1 contract
Samples: www.travelsky.cn