Examples of CEC Group in a sentence
The Offeror is an operating subsidiary within the CEC Group and it is principally engaged in the overseas financing and investment activities of the CEC Group.
It is a holding vehicle within the CEC Group and does not have any operating activities.
The price for sale of materials, components and parts sold by the Group to the CEC Group shall be determined after arm’s length negotiation between the parties based on the relevant pricing policy (as disclosed below) and on normal commercial terms with reference to the prevailing market prices, namely, the selling price charged by the Group shall be no less than those charged to an independent third party for the same or similar products.
It is established for the purpose of enhancing the centralised management of funds among the members of the CEC Group and for improving efficiency of fund utilisation by the CEC Group as a whole.
CEC Finance was established for the purpose of enhancing the centralised management of funds within the CEC Group and for improving the fund utilisation efficiency of the CEC Group as a whole.
The net proceeds of the Placing will be used to continue to advance EMH’s corporate strategy including to progress the development of the Cinovec Project and the progress discussions with CEC Group and potential off take partners.
Members of the CEC Group shall enter into separate agreement(s) with members of the Group, which shall set out specific terms and conditions pursuant to the principles and conditions provided in the 2024 Second Master Lease Agreement.
Pursuant to the 2024 First Master Lease Agreement, the rental chargeable by the Group and payable by the CEC Group shall be subject to the provisions of the 2024 First Master Lease Agreement and the rental rate as set out in the separate agreement(s) to be entered into between members of the Group and members of the CEC Group, which shall be on normal commercial terms, fair and reasonable, and no more favourable than those available to independent third parties.
Annual Cap: RMB612,600,000 for each of the three years ending 31 December 2015 For our due diligence purpose, we have reviewed, on a random basis, certain sales and purchase agreements entered into between (i) the Group and independent third parties; and (ii) the Group and the CEC Group.
The Group has been selling integrated circuit cards, smart card modules and chips to the CEC Group for over a decade, during which the CEC Group has brought a stable revenue stream to the Group’s revenue and demonstrated its credit-worthiness by settling the invoices of the Group in a timely manner.