Examples of CITIC Pacific in a sentence
Dr Hua DongyiExecutive Director of MiningAppointed Director on 28 August 2013, appointed Managing Director on 9 September 2013, appointed Executive Chairman and Interim CEO on 29 November 2013, appointed Managing Director and CEO on 29 January 2015, appointed Executive Director of Mining on 1 March 2016.Member of the Audit & Risk Committee Doctorate of Engineering Dr Hua is the former Vice President, Executive Chairman and CEO of CITIC Pacific Mining, a position he held from October 2009 until April 2013.
Among the other subsidiaries of CITIC Group, the following companies have relatively great volume of business transactions with the Company: CITIC Holdings Limited, China CITIC Bank Corporation Limited, CITIC Trust Co., Ltd., CITIC Pacific Limited, Dah Chong Hong Holdings Limited, CITIC Prudential Life Insurance Co., Ltd., China CITIC Bank International Limited, and CITIC Networks Co., Ltd., etc.
Mr. Fan had been an Executive Director of CITIC Pacific Limited in charge of industrial projects in China.
Shanghai Ruibo is owned as to 50% by CITIC Pacific and 50% by CSSC, a controlling shareholder of the Company.
The integration is expected to be fast and effective for the following reasons: • As both the Target Company and CITIC Pacific are subsidiaries of CITIC Group prior to the Completion, the management teams of both companies share a common understanding in relation to business objectives, and there already exists a highly efficient communication mechanism between the two management teams.
CITIC Pacific will comply with the applicable requirements under the Listing Rules as and when necessary.
If the Cash Consideration portion is reduced, the difference between the adjusted and the original amount of the Cash Consideration will be satisfied by CITIC Pacific through issuing additional Consideration Shares or other means pursuant to the Share Transfer Agreement.
In the event that there are transactions between CITIC Resources Holdings Limited and CITIC Pacific, Mr. Zhang will abstain from voting.
Upon exercising such option, the Company and CITIC Pacific shall comply with the Listing Rules as appropriate.
Failure to make the payment described in this clause (b) within the time set forth above shall constitute an Event of Default under the Agreement and the other Loan Documents.