Examples of Asia Shares in a sentence
On the terms and subject to the conditions set forth in this Agreement, at the Closing, the Parent shall sell, convey, assign, transfer and deliver to the Acquiror, free and clear of all Liens, and the Acquiror shall purchase, acquire and accept from the Parent, all of the Parent’s right, title and interest in and to the Shares and, subject to Section 2.06, the UG Asia Shares.
Transfer Restrictions: The Joint Venture Agreement contains various restrictions on the transfer of securities, both in respect of East Asia Shares and also in respect of upstream interests of both the Seller and the Purchaser.
The time and date that the purchase and sale of the UG Asia Shares described becomes effective shall be 12:01 a.m., New York City time, on the UG Asia Closing Date.
Summary of significant accounting policies (cont'd.) 2.4 Basis of consolidation (cont'd.) Business combinations and goodwill (cont'd.) Goodwill is initially measured at cost, being the excess of the aggregate of the consideration transferred and the amount recognised for non-controlling interests, and any previous interest held, over the net identifiable assets acquired and liabilities assumed.
It was highlighted that they could, as set out in Rule 33AA.2(1)(d) at their own motion, indicate that they considered that the case should go to a case management hearing.
Notwithstanding the foregoing, if the UG Asia Closing Date has not occurred by December 31, 2017, Parent shall permanently retain the UG Asia Shares and Acquiror shall not owe Parent any UG Asia Consideration but shall continue to provide services under the Transition Services Agreement for a reasonable period to be mutually agreed upon by the parties sufficient to provide for the orderly wind-down or other resolution of UG Asia.
As the applicable percentage ratio(s) under the Listing Rules exceeded 5%, the acquisition of the East Asia Shares by Boom Faith from CIR constituted a connected transaction for the Company and was subject to the reporting, announcement and independent shareholders’ approval requirements under the Listing Rules.
Subject matter of the Acquisition The East Asia Shares represent 33.33% of the existing issued and paid-up share capital of East Asia.
Consideration of the Acquisition The Acquisition Consideration for the East Asia Shares payable by Boom Faith to CIR is HK$658,756,800.
Exchange of WeWork China and WeWork Asia Shares for Preferred Stock of WeWorkSubject to satisfactory negotiations of definitive documentation and satisfaction of certain closing conditions, it is expected that all of SoftBank Vision Fund’s interests in WeWork China and WeWork Asia are expected to be exchanged for preferred stock of WeWork at $11.60 per share.