Examples of CMA Shares in a sentence
The Offeror has today exercised its right under Section 215(1) of the Companies Act, Chapter 50 of Singapore to compulsorily acquire all the CMA Shares of the Guarantor’s shareholders who have not accepted the Offer as at the close of the Offer.
XXXX has not agreed to pay any brokerage fees, finder's fees, or other fees or commissions with respect to the transactions contemplated in this Agreement which could give rise to a claim against the CMA Shares or any portion thereof.
NGI desires to sell, assign and transfer to XXXX all of the outstanding shares of stock of CMA ("CMA Shares") consisting of 7,500,000 shares of common stock, and XXXX desires to purchase the CMA Shares for One Million Two Hundred Thirty Five Thousand Dollars ($1,235,000) upon and subject to the terms and conditions of this Agreement.
Immediately after the Proposed Offering, the NAV of CapitaLand Group will increase if the Offer Price for the CMA Shares is above the net book value of the CMA Shares and the Related Transaction Costs.
The exercise of the Over-allotment Option will not affect the total number of issued and existing CMA Shares.
Upon and subject to all the terms and conditions of this Agreement, at the Closing NGI shall assign and transfer the CMA Shares to XXXX, and as full consideration therefor XXXX shall pay NGI One Million Two Hundred Thirty Five Thousand Dollars ($1,235,000).
The loans from CapitaLand Group will be capitalised prior to listing and this will result in an allotment and issue of new CMA Shares to CapitaLand.
The closing of this Agreement and transfer of the CMA Shares (the "Closing") shall occur at the offices of Skjerven, Morrill, XxxXxxxxxx, Xxxxxxxx and Xxxxx LLP as escrow agent, at such time or date as the parties hereafter may mutually agree.
The CMA Shares are and will be as of the Closing Date, owned, of record and beneficially, by XXXX, free and clear of all liens, claims and encumbrances, and NGI has all necessary right and power to enter into and perform this Agreement and to assign and sell the CMA Shares to XXXX as provided herein.
The Offering which represents 30% of CapitaLand’s existing shareholding interest in CapitaMalls Asia will consist of (i) the Placement of 1,058,548,000 Offering Shares and (ii) the Public Offer of 106,652,000 Offering Shares, including 11,652,000 Reserved Shares.The total number of Offering Shares may be increased by up to 174,780,000 CMA Shares, representing an additional 15% of the Offering Shares, in the event of over-allotments by the Joint Bookrunners and Underwriters.