Examples of Hong Kong Holdco in a sentence
All quiz points need to be tested, namely "the question content, wording, sequence, layout, difficulties and instructions" (Malhotra, 2001, p.290).The reliability of survey measures was tested by calculating of the internal consistency using Cronbach‟s alpha and KMO - Bartlett test where appropriate.
At the date of this Opinion, Hong Kong Holdco is the sole shareholder of Guoce Nordic, and holds 100% of the equity interests of Guoce Nordic.
The merger and acquisition of Guoce Nordic by Hong Kong Holdco (the “M&A”) has been duly approved by Wuhan Commerce Bureau as of August 5, 2009 and has been duly registered with Wuhan Administration of Industry and Commerce as of August 10, 2009.
During the term of this Agreement, Hong Kong Holdco will provide to the Company the Management Services that are set forth on Exhibit A hereto (which may be amended from time to time by the parties in writing), all in accordance with the Business Plans and subject at all times to (i) all applicable provisions of the Company Documents and (ii) the other terms and conditions set forth herein.
To our best knowledge after review of the stock records and shareholder questionnaires on their actual ownership, at the date of this Opinion, we are not aware of any PRC citizens, including the former shareholders of Guoce Nordic, who have direct or indirect equity interests within Hong Kong Holdco at the date of this M&A.
Hong Kong Holdco shall: (i) pay when due all costs and expenses of Hong Kong Holdco Personnel providing services pursuant to this Agreement; (ii) process all payrolls for Hong Kong Holdco Personnel who are its employees and are providing services pursuant to this Agreement and (iii) shall pay for, and administer, all fringe benefit programs for which such Hong Kong Holdco Personnel may be eligible.
All such persons shall not be subject to the discretion or control of the Company for any purpose and shall remain at all times employees of, or contractors to, Hong Kong Holdco (such employees and contractors collectively referred to as “Hong Kong Holdco Personnel”).
Hong Kong Holdco has paid off all the consideration for acquisition of Guoce Nordic.
All taxes, duties or fees of any nature whatsoever levied by any government authority on or pertaining specifically to the Management Services are to be borne and paid by Hong Kong Holdco.
We have not seen any other legal obstacle for the remittance of the after-tax profit by Guoce Nordic to the Hong Kong Holdco.