Examples of Dalian Project in a sentence
The Dalian Project will focus on residential development for the next three years from 2013 to 2015, accompanying with certain construction works on office and retail properties, infrastructure and public utilities to complete the master development plan of the Dalian Project with the product mix that is currently preferred in the market.
The Directors are of the view that, considering the strength and experience of the Yida Group in handling large-scale development projects in Dalian and the Group’s smooth and close working experience with the Yida Group in the past, Yida is one of the few competent contractors which has adequate capacity and strong local experience to cope with the Group’s scheduled development in the Dalian Project.
While limiting generation in order to make repairs is something that hydropower operators are often able to avoid, it is critical that they retain the flexibility to do so when needed.
The Directors consider that the Acquisition will provide the Group with full access of fund from the pre-sales of the property units and the 100% profit from the development of Dalian Project.
The Employer shall provide the Union with a current list of Committee members and a list of management staff authorized to represent the Employer in labour management issues.
For the purpose of valuation, DTZ has principally adopted the direct comparison approach by making reference to comparable sales evidence as available in the relevant market, and adjusted with the development costs expended and other costs that will be expended to complete the development to arrive at the final value of the CBD Project and the Dalian Project in their existing states.
Although certain land plots of the CBD Project and the Dalian Project have not yet obtained the state-owned land use rights certificates, according to the legal opinion by the Group’s PRC legal adviser, there will be no legal impediment in obtaining such outstanding state-owned land use rights certificates on the basis of compliance with the relevant procedures and the Company expects such outstanding state-owned land use rights certificates to be obtained in the first half of 2014.
Only approximately USD$560,000 of the funds raised were spent on payments relating to the Dalian Project.
The consideration of the Acquisition was determined by reference to the market value of the CBD Project and the Dalian Project after an arm’s length negotiation between the Group and the Nan Fung Group.
As discussed with the management of the Company, the drop in ASP of the Dalian Project was attributable to two reasons: (i) the units delivered in 1H2012 were mainly apartments, while the delivery in 1H2011 consisted of a mix of apartments and premium-priced townhouses; and (ii) the ASP of apartments decreased by approximately 14.0% from RMB11,718 per sq.m in the first ten months of 2011 to RMB10,073 per sq.m in the first ten months of 2012.