Examples of Controlling Shareholders in a sentence
The Ultimate Controlling Shareholders and their respective associates will abstain from voting on the ordinary resolution(s) approving the New Entrusted Construction and Value-added Services Framework Agreement as well as the proposed annual caps for each of the two years ending 31 December 2025 and 2026 in respect of the transactions contemplated under the New Entrusted Construction and Value-added Services Framework Agreement at the EGM to be held by the Company.
Tok&Stok Controlling Shareholders hereby make the representations and warranties contained in Exhibit 13.2.
Mr. Xxxx Xxxxxx is the father-in- law of Xx. Xxx Xxxxxxxx, one of the Controlling Shareholders, and his brother is the father-in-law of Mr. Xxxx Xxxxxxxx, the Chairman of the Group and the non-executive Director.
In the event the Contribution Agreement is terminated as a result of non-compliance by Home24 of its undertaking under Section 3 and 5 hereto, provided that such non-compliance derived from willful misconduct or gross negligence by Home24, hereby agrees to pay to Tok&Stok Controlling Shareholders the Break-Up Fee provided in Section 14.3 of the Contribution Agreement, according to the terms and conditions provided therein.
THE NEW ENTRUSTED CONSTRUCTION AND VALUE-ADDED SERVICES FRAMEWORK AGREEMENT Reference is made to the announcement of the Company dated 19 July 2024 in relation to the Entrusted Construction and Value-added Services Framework Agreement entered into between the Company and the Ultimate Controlling Shareholders.