Examples of LSD Directors in a sentence
The LSD Directors see the Proposed Subscription as a means of maintaining and enhancing the long term value of LSG’s investment in LSD.
The LSD Directors are confident in the long terms prospects of the LSD Group and, like, in particular, the balance of its revenues across diversified business lines, including property development, property investment, hotel operations and restaurant operations.
Please also note that in formulating our advice, we have tried to address the LSD Group’s current situation as a whole, rather than express our opinion on each of the material factors set out in this letter, including the views of the LSD Directors, on a point by point basis.
In light of the above, we concur with the view of the LSD Directors that the industry prospects of the tourism and gaming industry in Macau is promising.
We believe that all such statements, information, assumptions, expectations, estimates, opinions and representations contained or referred to in the Circular or otherwise provided by LSD and/or the LSD Directors and/or the senior management of LSD and for which it is/they are solely responsible were true and correct and valid as at the date of the Circular.
Director Ward Allen, Chairperson of the BART Police Department Review Committee, gave a report on the committee’s activities.
Based on the above, and in the absence of any restructuring arrangements which can eliminate the asset deficiency position of LSD, the LSD Directors consider that there is little or no prospect that Shareholders can recover any value from their shareholding in LSD.
REASONS FOR, AND BENEFITS OF, ENTERING INTO THE AGREEMENTS The LSD Directors and the LSG Directors are of the view that it is in the interest of the LSD Group and the LSG Group to enter into the Property Management Services Agreements since they together will provide the LSD Group and the LSG Group with stable revenue as a whole and are in line with the LSD’s Group and the LSG’s Group business strategy in centralising the property management of its portfolio.
To the best knowledge, information and belief of the LSD Directors, having made all reasonable enquiries, save for the connected persons of LSD mentioned above, the LF Shareholders and the LF Optionholders are third parties independent of LSD and its connected persons under the Listing Rules.
Similarly, the LSD Directors (including the independent non-executive directors of LSD) consider that the LSD Financial Assistance Framework Agreements and the Intercompany Loan Transactions contemplated thereunder are on normal commercial terms, fair and reasonable and in the interests of LSD, its subsidiaries and its shareholders as a whole.