Common Contracts
1 similar Supplemental Agreement contracts
MAJOR AND CONNECTED TRANSACTION ENTERING INTO SUPPLEMENTAL AGREEMENTSupplemental Agreement • July 29th, 2022
Reference is made to the announcement of the Company dated 25 March 2019 in relation to the entering into of the Participation Agreement and the Limited Partnership Agreement by and among the Company, Guorong Chuangyin, BSAM, Beijing Science Development, Beijing Equity Exchange, Beijing Guotong, National Stadium and Jizhi Future on 25 March 2019, pursuant to which, the Partnership was formed for a duration of nine years commencing from 12 September 2018, which may be extended for no more than one year by the Manager. For the establishment of mainstream funds in the market, the typical duration of an equity investment fund is seven to nine years. In order to ensure the successful filing and compliance of the new sub-fund to be invested by the Partnership, it is proposed that the duration of the Partnership be extended from the original duration of nine years for another eight years (i.e. ending on 11 September 2035) and the investment period be extended from the original period of five
