THE CONSTRUCTION AGREEMENT. Upon the formation of the JV after the execution of the JV Agreement, the JV will be responsible for the demolition of the Buildings and relocation of the Land, as well as applying to Shenzhen government together with XX Xxxx for land modification of the Land pursuant to the Relocation Compensation Agreement. The land modification involves the de-registration of the title certificate of the Land and re-registration of the Land for general industrial and emerging industrial uses with the relevant authority of Shenzhen government. Once the Land has been upgraded for general industrial and emerging industrial uses, XX Xxxx will be granted part of the Land (i.e., the Snow Brewery Land) while the JV will be granted with another part of the Land (i.e., the JV Land). XX Xxxx will use the Snow Brewery Land as the headquarters, R&D centre, craft brewery and employees’ dormitories of XX Xxxx, as well as for the construction of the beer museum. XX Xxxx will appoint CR Land Shenzhen as the project manager on its behalf in relation to the construction and development of the Snow Brewery Land (excluding the craft brewery) pursuant to the Construction Agreement. The JV will use the JV Land as a complex consisting of offices, commercial properties, factories, recreational facilities, supermarkets, restaurants and bars etc., which will be subject to sale and leasing. LISTING RULES IMPLICATIONS By virtue of CRC being the controlling shareholder of both the Group and CR Land Group, CR Land Group is an associate of a connected person of the Group under the Listing Rules. Accordingly, the Agreements and the Transactions contemplated thereunder constitute connected transactions of the Group under Chapter 14A of the Listing Rules. As the applicable percentage ratios stipulated under Rule 14.07 of the Listing Rules in respect of the JV Agreement on a standalone basis is more than 5% but less than 25%, the transactions contemplated under the JV Agreement constitutes a discloseable and connected transaction, which is subject to annual reporting, announcement and the Independent Shareholders’ approval requirements under Chapter 14 and Chapter 14A of the Listing Rules. As the applicable percentage ratios stipulated under Rule 14.07 of the Listing Rules in respect of the Relocation Compensation Agreement on a standalone basis is more than 5% but less than 25%, the transactions contemplated under the Relocation Compensation Agreement constitutes a discloseable and connected transaction...
THE CONSTRUCTION AGREEMENT. Date : 11 November 2004 Parties : Xxxxx Xxxxx Xxxx as main contractor Contents of the Project : construction of onshore crude oil storage tanks; multi- purpose office building; installation of fire prevention facilities; and reconstruction and expansion of oil transmission station to be carried out in Dayawan Development Zone, Huizhou Municipality, Guangzhou Province. Scope of the services to be : including: provided by Xxxxx Xxxx (i) managing, constructing, subcontracting, coordinating, supervising and testing the Project according to the technological standards lately promulgated by the State and Sinopec Group;
THE CONSTRUCTION AGREEMENT. The principal terms of the Construction Agreement are set out below: Date : 30 November 2023
THE CONSTRUCTION AGREEMENT. Reference is made to the Announcements. Unless otherwise stated, terms used in this announcement shall have the same meanings as those defined in the Announcements. On October 27, 2023, Jiaxing Branch entered into the Construction Agreement in addition to the Jiaxing Service Area Construction Agreement with Jiaogong Underground Construction to specify the rights and obligations in respect of construction of projects in certain parts of the north section of Jiaxing Service Area which is within a 30-meter range adjacent to the Shanghai-Kunming High-Speed Railway. Listing Rules Implications Pursuant to Rule 14A.81 and Rule 14A.82 of the Listing Rules, as the transaction contemplated under the Construction Agreement and transactions under the agreements set out in the Announcements were entered into or completed within a 12-month period with Jiaogong Underground Construction, a connected person of the Company, the transaction contemplated under the Construction Agreement and transactions under the agreements set out in the Announcements are required to be aggregated for the calculation of the relevant percentage ratios to determine the classification of the transaction contemplated under the Construction Agreement. As one or more of the applicable percentage ratios in respect of the transaction contemplated under the Construction Agreement, after aggregating with those transactions under the agreements set out in the Announcements, are more than 0.1% but less than 5%, the transaction contemplated under the Construction Agreement is subject to the reporting, announcement and annual review requirements but exempt from the independent Shareholders’ approval requirement under Chapter 14A of the Listing Rules.
THE CONSTRUCTION AGREEMENT. Reference is made to the Announcements. Unless the context otherwise requires, capitalized terms used herein shall have the same meanings as those defined in the Announcements. In addition to the Jiaxing Service Area Construction Agreement, on October 27, 2023, Jiaxing Branch entered into the Construction Agreement with Jiaogong Underground Construction to specify the rights and obligations in respect of construction of projects in certain parts of the north section of Jiaxing Service Area which is within a 30-meter range adjacent to the Shanghai-Kunming High-Speed Railway (the “Project in Proximity to Railway”). The material additions to the terms of the Jiaxing Service Area Construction Agreement as a result of the Construction Agreement are summarized below: Subject matter: Jiaogong Underground Construction will undertake the construction work of Project in Proximity to Railway including but not limited to the railway boundary wall and lightweight concrete projects for expansion of Jiaxing Service Area.
THE CONSTRUCTION AGREEMENT. The principal terms of the Construction Agreement are set out below: Date : 28 January 2022 (after trading hours) Parties : (i) Chengdu BOE (ii) the Contractor Construction Works : The Contractor is appointed as the contractor responsible for the construction of factory plant and ancillary facilities located at the Construction Area.
THE CONSTRUCTION AGREEMENT. On May 13, 2022, Jiaxing Branch entered into the Construction Agreement with Jiaogong Group and Jiaogong Underground Construction being a Consortium as the contractor, and Zhejiang Commercial as the contracting party, pursuant to which the Consortium agreed to undertake the construction work for the renovation of Jiaxing Service Area Plaza of Shanghai-Hangzhou Expressway. Principal terms of the Construction Agreement are summarized below: Date: May 13, 2022 Parties: (a) Jiaxing Branch (as the investor); (b) Jiaogong Group (as the contractor); (c) J ia og o ng U n de r gr ou n d C on st r uc ti o n ( as th e contractor); and (d) Zhejiang Commercial (as the contracting party) Subject Matter: The Consortium will undertake the construction work for the renovation of the Jiaxing Service Area Plaza of Shanghai-Hangzhou Expressway, including but not limited to road renovation and construction work relating to water supply and drainage pipelines (including outdoor water supply and drainage, fire-fighting pipelines, water supply and drainage structures, etc.), intelligentization (including outdoor integrated pipelines), bridges, electrical works and landscape.
THE CONSTRUCTION AGREEMENT. On 1 June 2023 (after trading hours), Shanghai Shineroad, an indirect wholly-owned subsidiary of the Company, entered into the Construction Agreement with Shanghai Changyi in relation to the construction of the Factory Premises at an aggregate Consideration of RMB156.5 million. The principal terms of the Construction Agreement are set out below: Date: 1 June 2023 Parties: (a) Shanghai Shineroad; and
THE CONSTRUCTION AGREEMENT. Date 16 December 2013 Parties
THE CONSTRUCTION AGREEMENT a) The Town will require the Contractor to execute a contract. Upon execution of the Contract, the Contract and Contract Documents become the Contract between the Town and Contractor.
