Examples of Guangdong Yuehai Land in a sentence
Guangdong Yuehai Land is an indirectly wholly-owned subsidiary of the Company, and is principally engaged in the property development and investment businesses in the PRC.
Guangdong Yuehai Land is a company established in the PRC with limited liability.
Guangdong Yuehai Land, as a company incorporated in the PRC, must comply with the relevant laws and regulations.
The Office Tower Fitting-out Other Measure Fees shall be paid in the following manner: Guangdong Yuehai Land shall pay 2% based on the progress fees of the Office Tower Fitting-out Sub-project Fees in relation to the completed and qualified works in the current period.
On 30 March 2022, Guangdong Yuehai Land and Yuehai Yueshenghuo entered into the 2022 Yuecai City North Tower Sales Centre and Sample Unit Demonstration Area Property Services Agreement.
The Commercial Shopping Buildings Fitting-out Other Measure Fees shall be paid in the following manner: Guangdong Yuehai Land shall pay 2% based on the progress fees of the Commercial Shopping Buildings Fitting-out Sub-project Fees in relation to the completed and qualified sub-projects in the current period.
The consideration for the acquisition of the Project Land in the amount of RMB1,299,340,000 (the “Land Consideration”) is funded in full from the shareholder’s loans on a pro rata basis provided by Guangdong Yuehai Land and Yuegang Investment, respectively, to GDL Investment up to an aggregate amount of RMB1,528,000,000 (the “Shareholders’ Loans”).
On 30 March 2022, Guangdong Yuehai Land and Yuehai Yueshenghuo entered into the 2022 Yuecai City North Tower Sales Centre and Sample Unit Demonstration Area Property Services Agreement, pursuant to which, Yuehai Yueshenghuo shall provide property management services to Guangdong Yuehai Land in respect of the sales centre and sample unit demonstration area of the project for the period from 1 April 2022 to 31 March 2023 (both days inclusive) (please see item (2) of paragraph VI below).
During the year under review, the relevant total service fees paid by Guangdong Yuehai Land to GDH Teem were approximately RMB 6,057,000 ( equivalent to approximately HK$7,296,000) (2021 annual cap: RMB12,650,000 (equivalent to approximately HK$15,175,000)).
Since GDL Investment is a connected subsidiary of GDL, the Guangdong Yuehai Land Capital Contribution to be made by Guangdong Yuehai Land (an indirect wholly-owned subsidiary of GDL) to GDL Investment constitutes a connected transaction of GDL under Chapter 14A of the Listing Rules.