Huge Harvest definition

Huge Harvest. ’ means Huge Harvest International Limited（浩豐國際有限公司）, a company incorporated in the British Virgin Islands on 11 January 2008, with 83.90%, 9.29% and 6.81% of its issued shares beneficially owned by Mr. Chen Miaolin, Mr. Chen Canrong and Mr. Zhang Guanming, respectively
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Huge Harvest means Huge Harvest International Limited (浩 豐 國 際 有 限 公 司 ), a
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Huge Harvest. ’ or ‘‘Purchaser’’ means Huge Harvest International Limited（ 浩 豐 國 際
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Examples of Huge Harvest in a sentence

  • Through its subsidiaries, Huge Harvest is principally engaged in hotel operation and management in the PRC.

  • Members of Huge Harvest Group are also connected persons of New Century REIT.

  • These provisions apply whenever a person or entity acquires shares that, but for the operation of these provisions, would bring voting power of such person or entity in the election of directors within any of the following three ranges:· 20% or more but less than 33 1/3%;· 33 1/3% or more but less than or equal to 50%; or· more than 50%.

  • Under such circumstances, Huge Harvest has undertaken that, should New Century REIT not have sufficient cash to fulfill such obligations under Rule 7.12 of the REIT Code after the payment of the Proposed Interim Distribution and setting aside the Disposal Costs of HK$15.0 million, it will bear the obligation to pay the 2020 Annual Distribution (if any).

  • Therefore, Mr. Chen Canrong is effectively an ultimate beneficial owner of Huge Harvest.

  • These hotel premises of Songjiang Hotel may, upon expiry or termination of the underlying leases, be leased to Huge Harvest Group based on the then prevailing market rents or, if there is no such market rents available, the last rentals paid by the independent third parties pursuant to the underlying lease agreements.

  • Huge Harvest is an investment holding company and is a Substantial Holder of New Century REIT.

  • In addition, certain areas of the Hotel Properties currently leased to independent third parties of New Century REIT may be leased to members of Huge Harvest Group on normal commercial terms should such opportunities arise upon expiry or termination of the relevant lease agreements.

  • Of the total amount of the Proposed Interim Distribution payable by New Century REIT, Huge Harvest and the Manager are collectively entitled to an aggregate sum of HK$1,197,827,602, whereas an aggregate sum of HK$778,190,672 is payable to other Unitholders.

  • Huge Harvest intends to finance the Cash Consideration through term loan facilities made available to Huge Harvest by China Merchant Bank, Bank of Shanghai and internal cash resources of Huge Harvest.


More Definitions of Huge Harvest

Huge Harvest means Huge Harvest International Limited, being a significant holder
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