Common Contracts
1 similar Beijing Development contracts
Conditional agreements for IFTL, a wholly-owned subsidiary of BEHL,Beijing Development • March 16th, 2021
On 18th January, 2001, the Company entered into the BEHL Subscription Agreement, the GDL Subscription Agreement and the INC Funds Subscription Agreement, pursuant to which each of IFTL, GDL and INC Funds has conditionally agreed to subscribe for 168,000,000, 10,000,000 and 10,000,000 New Shares respectively, at an issue price of HK$1.00 per New Share. The Issue Price represents a discount of approximately 33.33% to the average closing price of approximately HK$1.50 per Share over the 10 trading days leading up to and including the Latest Practicable Date.
