Times China Sample Clauses

Times China. Times China is one of the leading property developers in the PRC, focusing on the development of mid-market to high-end residential properties. Times China’s business comprises three areas: (i) property development, i.e., the development of residential and commercial properties for sale and the provision of construction services, (ii) urban redevelopment, i.e., the redevelopment of old towns, old factories and old villages, and (iii) property leasing, i.e., the development, leasing and subleasing of commercial properties owned by it or third parties. As at the date of this announcement, Times China is directly owned as to (i) 62.74% by Asiaciti Enterprises, which is wholly-owned by Super Reach, which is in turn owned as to (a) 60% by Renowned Brand and in turn wholly owned by Xx. Xxxx, and (b) 40% by East Profit and in turn wholly owned by Xx. Xx; and (ii) 37.26% by the public shareholders.
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