Common Contracts
1 similar Termination of Subscription Agreement contracts
TERMINATION OF SUBSCRIPTION AGREEMENT, GRANT OF LOANTermination of Subscription Agreement • September 23rd, 2015
On 23 September 2015, after trading hours, the Subscriber (a wholly-owned subsidiary of the Company), the Target, the Existing Shareholder and the Warrantor entered into the Agreement, pursuant to which (i) the parties to the Agreement have agreed to terminate the Subscription Agreement; and (ii) the Subscriber has agreed to extend the date of refund of the Deposit (i.e. HK$6,250,000) (i.e. three Business Days after the date of termination of the Subscription Agreement) to the Maturity Date, and such extension was agreed and treated as a loan granted by the Subscriber to the Warrantor.
