Examples of Joint Offerors in a sentence
The Joint Offerors are of the view that it is important for the Company to retain him as both a member of the senior management of the Group and a Shareholder after the completion of the Scheme so that he will be incentivised to continue to contribute to the development of the Group.
The reserve created in the Company’s books of account as a result of the capital reduction will be applied in paying up in full at par the new Shares so issued, credited as fully paid, to the Joint Offerors.
As these employees are involved in the daily operation and possess experience and expertise which are vital to the business operation of the Group, the Joint Offerors consider that it is important for these employees to retain their interests in the Company through Fengqiang, in order to incentivise continual contribution from these employees to the development of the Group after the completion of the Scheme.
The Joint Offerors do not intend to exercise any rights to compulsorily acquire any OOIL Shares in respect of which the Offer is not accepted.
In light of the extensive experience and network of Mr. Zhou Xiangyi and Mr. Zhou Guodong in the fire engines industry, being one of the business segments of the Group, the Joint Offerors are of the view that it is important for the Company to maintain their shareholding in the Company through HongKong Ruicheng after the completion of the Scheme, in order to facilitate the implementation of the future plan of the Joint Offerors on the Group.