Examples of GEM in a sentence
A circular containing, amongst other things, details of the Loan Capitalisation and the proposed amendments to the Memorandum and Articles of Association, a letter from the Independent Board Committee, a letter from the independent financial adviser setting out its advice in relation to the Loan Capitalisation and a notice to convene the EGM, will be despatched to the Shareholders on or before 19 September 2012 in compliance with the GEM Listing Rules.
As such, the Loan Capitalisation constitutes a connected transaction of the Company under Chapter 20 of the GEM Listing Rules.
The Shares of the Company are listed on GEM of the Stock Exchange (as defined below) (Stock Code: 8052).
The entire existing issued share capital of the Company is listed on GEM of the Stock Exchange and the Company is not aware of any circumstances whereby such listing will be cancelled or revoked before or after Completion as a result of the transactions contemplated by this Agreement.
As certain of the relevant applicable percentage ratios in respect of the Loan Capitalisation calculated in accordance with the GEM Listing Rules are more than 25%, the Loan Capitalisation will be subject to the independent Shareholders’ approval at the EGM.