Examples of Acquisition Arrangement in a sentence
The next Appendix 3Y lodged for the director will reflect this change.Nature of changeExample: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-backOn-market trade pursuant to a Share Acquisition Arrangement.
Taking into consideration of the above, we agree that the real estate markets in Fuzhou and Suzhou have growth potentials, and the successful acquisition of the Huashida Companies would strengthen the Company’s PRC real estate portfolio.5. Financial effects of the Acquisition Arrangement Net asset value As at 31 December 2004 and 30 June 2005, the net asset value of the Group amounted to HK$1,262.6 million (audited) (HK$1,211.5 as restated) and HK$1,295.0 million (unaudited), respectively.
The proposed consideration for the Acquisition is expected not to exceed RMB230 million (i.e. the maximum consideration as contemplated under the Acquisition Arrangement).
Vigour Fine has indicated its intention in providing a loan to the Group for the purpose of facilitating the Acquisition Arrangement at a lower interest rate than that the Company can otherwise obtain from the market and will not request any security over the assets of the Company for such provision while other terms of such loan will be no less favourable than that being offered to the Group by independent third parties (the “Shareholder’s Loan”).
Other than the Acquisition Arrangement, as at the date of this announcement, no binding agreement has been entered into between the parties in relation to the Acquisition.
In this regard, we have reviewed and evaluated below the nature of the Acquisition Arrangement.
Your attention is drawn to the letter from the Independent Board Committee set out on pages 27 to 28 of this circular containing its recommendation to the Independent Shareholders and the letter from VBG Capital set out on pages 29 to 51 of this circular containing its advice and recommendation to the Independent Board Committee and to the Independent Shareholders, on the Acquisition Arrangement and the Beijing Disposal Agreement.
Consideration As disclosed in the Board Letter, the Expected Sum for the Acquisition Arrangement is calculated based on (i) the Consideration; and (ii) the Total Debts.
The Omnia SPA is accounted for in accordance with IFRS 3, as the operations of Omnia constitute a business.The Amalgamation, Acquisition, Arrangement, Steel SPA and Omnia SPA are collectively called the “Mergers and Acquisitions” in these consolidated financial statements.
Effective Equipment Acquisition Arrangement dated August 1, 1990, between E.