Common Contracts
1 similar The Cornerstone contracts
THE CORNERSTONE PLACINGThe Cornerstone • May 14th, 2021
We have entered into cornerstone investment agreements (each a “Cornerstone Investment Agreement”, and together the “Cornerstone Investment Agreements”) with the cornerstone investors set out below (each a “Cornerstone Investor”, and together the “Cornerstone Investors”), pursuant to which the Cornerstone Investors have agreed to, subject to certain conditions, subscribe, or cause their designated entities to subscribe, for such number of Offer Shares (rounded down to the nearest whole board lot of 100 Shares) which may be purchased at the Offer Price with an aggregate amount of approximately US$1,529 million (approximately HK$11,882 million) (calculated based on the conversion rate of US$1.00 to HK$7.7689) (exclusive of the brokerage fee, the SFC transaction levy and the Stock Exchange trading fee) (the “Cornerstone Placing”).
