Haikou Meilan definition

Haikou Meilan means Haikou Meilan International Airport Co., Ltd.; “Hainan SASAC” means the Hainan Bureau of SASAC;
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Examples of Haikou Meilan in a sentence

  • The parent company of the Company is Haikou Meilan International Airport Co., Ltd.

  • Haikou Meilan as the borrower and the Company as the co-borrower have obtained a syndicated loan (the “Syndicated Loan”) with a total facility of RMB7.8 billion and maturity of 20 years which is specifically for financing the construction of the Phase II Expansion Project.

  • In 2019, Haikou Meilan has triggered the event of default of the Syndicated Loan Agreement.

  • Past Performance - Familiarity and experience with similar projects, quality of work, ability to control costs and meet deadlines for those projects, references from other clients.

  • Meanwhile, the Company is applying on a planned basis for loans related to provide sufficient funds for Phase II expansion project jointly with Haikou Meilan International Airport Company Limited (the “Parent Company”).

  • Haikou Meilan and the Company will follow up with the People’s Government of Hainan Province to draw down the facility to settle the construction fees of the Phase II Expansion Project.

  • The Company is majority owned by Haikou Meilan International Airport Company Limited (“Haikou Meilan”), a state-owned enterprise established in the PRC with limited liability.

  • On 13 March 2021, Haikou Meilan has been included in HNA Group Substantial Consolidated Restructuring.

  • Haikou Meilan 海口美蘭 4,248,629,699 4,248,629,699 As at 30 June 2021 and 31 December 2020, 29.99% equity of Haikou Meilan was directly and indirectly held by the State-owned Assets Supervision and Administration Committee of Hainan Provincial Government (“Hainan SASAC”) who would become the largest shareholder in Haikou Meilan.

  • In order to fund future projects and pay for administrative costs, the Company is required to raise additional funds as needed in the equity markets and/or rely on advances from directors.

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