Beijing SASAC definition

Beijing SASAC means the State-Owned Assets Supervison and Administration Commission of People’s Government of Beijing Municipality
Beijing SASAC. State-owned Assets Supervision and Administration Commission of the People’s Government of Beijing Municipality;

Examples of Beijing SASAC in a sentence

  • Beijing SASAC is the ultimate beneficial owner of Xxxx Xxx Xxxx Holdings.

  • If we acquire the Entrusted Equity Interests If we exercise our option to acquire the Entrusted Equity Interests, we will need to pay consideration for the purchase of the Entrusted Equity Interests in an amount equal to at least 90.0% of the total appraised value of the Entrusted Equity Interests as approved by the Beijing SASAC.

  • The Non-public Issuance remains subject to the approval at the Shareholders’ meeting, A Shares Class Meeting and H Shares Class Meeting of the Company, approval of Beijing SASAC, and approval of CSRC and other securities regulatory authorities (if applicable).

  • On 6 July 2009, our Parent received written confirmation from the Beijing SASAC indicating that the Beijing SASAC has agreed in principle that our Parent may transfer the Entrusted Equity Interests pursuant to a share transfer agreement between our Parent and our Company.

  • The ultimate actual controller of Capital Securities is Beijing SASAC.

  • The Company will convene a Board meeting to consider the transaction price (among other things) after the Valuation Report is officially issued and approved by the Beijing SASAC.

  • The Parent is a limited liability company established under the laws of the PRC on 6 December 1996 and is a wholly-owned subsidiary of the Beijing SASAC.

  • The transfer price shall ultimately be determined by both the Company and BNSIGC with reference to the appraised value arrived at in the valuation of the Land by a third-party assets appraiser with relevant qualifications and approved by Beijing SASAC.

  • This is because the transfer price under the Transfer Agreement can only be determined after Beijing SASAC has reviewed and issued approvals on the Valuation Report and the Company requires additional time to prepare the financial information and the property valuation report to be set out in the circular.


More Definitions of Beijing SASAC

Beijing SASAC. ’ means the State-owned Assets Supervision and Administration Commission of the People’s Government of Beijing Municipality or its successor;

Related to Beijing SASAC

  • China means the People’s Republic of China, excluding, for purposes of this Agreement, Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan.

  • HKICL means Hong Kong Interbank Clearing Limited and its successors and assigns.

  • Hong Kong” the Hong Kong Special Administrative Region of the PRC;

  • HK$ Hong Kong dollars, the lawful currency of Hong Kong;

  • Hong Kong means the Hong Kong Special Administrative Region of the People’s Republic of China.

  • PRC means the People’s Republic of China.

  • Hong Kong Stock Exchange means The Stock Exchange of Hong Kong Limited;

  • Mainland China means the People’s Republic of China (excluding Hong Kong, Macau and Taiwan).

  • EU GDPR means Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC.

  • Cul-de-sac means such means of access having length up to 150 m with an additional turning space not less than 81 square meters in area having no dimension less than 9 m;

  • Boycott Israel means refusing to deal with, terminating business activities with, or otherwise taking any action that is intended to penalize, inflict economic harm on, or limit commercial relations specifically with Israel, or with a person or entity doing business in Israel or in an Israeli-controlled territory, but does not include an action made for ordinary business purposes; and

  • India means the territory of India and includes the territorial sea and airspace above it, as well as any other maritime zone in which India has sovereign rights, other rights and jurisdiction, according to the Indian law and in accordance with international law, including the U.N. Convention on the Law of the Sea;

  • PRC Laws means any and all laws, regulations, statutes, rules, decrees, notices, and supreme court’s judicial interpretations currently in force and publicly available in the PRC as of the date hereof.

  • IRDAI means the Insurance Regulatory and Development Authority of India.

  • BRRD II means Directive (EU) 2019/879 of the European Parliament and of the Council of 20 May 2019 amending Directive 2014/59/EU as regards the loss-absorbing and recapitalisation capacity of credit institutions and investment firms and Directive 98/26/EC.

  • Europe means the European Union, the European Economic Area and/or their member states, Switzerland and the United Kingdom.

  • Macau means the Macau Special Administrative Region of the PRC.

  • Anadromous fish means fish that spawn in fresh water and mature in the marine environment.

  • domestic consumer means a consumer supplied, or requiring to be