Examples of LSD Shareholders in a sentence
Today, one week later, exponential growth in the outbreak has caused at least 15,650 cases to be identified in the country and led to the death of at least 202 patients with the virus.
LSD will notify the LSD Shareholders by way of announcement(s) of any change to the expected timetable as soon as practicable.
LSD To the best of the knowledge, information and belief of the LSD Directors having made all necessary enquiries, no LSD Shareholders or any of their respective associates have any material interest in the Acquisition.
A circular containing, among other things, further details of the Acquisition and the valuation report on the Property is expected to be despatched by LSD to the LSD Shareholders for their information within 15 business days after the publication of this joint announcement.
Therefore, no LSD Shareholders would be required to abstain from voting under the Listing Rules if LSD were to convene a general meeting for obtaining shareholders’ approval for the Acquisition.As at the date of this joint announcement, LSG owns, and controls through its wholly- owned subsidiaries (namely Joy Mind Limited and Zimba International Limited) a total of 10,425,699,353 LSD Shares, representing approximately 51.97% of all the issued shares of LSD.
REASONS FOR THE RIGHTS ISSUE AND USE OF PROCEEDS Reasons for the Rights Issue The LSD Directors believe that it is in the best interest of LSD and the LSD Shareholders as a whole to enlarge the capital base of LSD through the Rights Issue in order to support the continuing development of the LSD Group’s existing business activities and to replenish LSD’s cash reserves.
The LSD Directors are of the view that the Disposal is in the interests of LSD and the LSD Shareholders as a whole and the terms and consideration thereof are fair and reasonable.
The attention of LSD Shareholders and investors is drawn to the section headed “Warning of the risks of dealing in the LSD Shares and the nil-paid Rights Shares” below.TRADING ARRANGEMENTS Assuming that LSG obtains the requisite approval of its shareholders in general meeting in respect of the Proposed Subscription, the last day of dealings in the LSD Shares on a cum-rights basis is expected to be Monday, 11 January 2016.
Each Qualifying Shareholder will be entitled to subscribe for the Rights Shares at the same Subscription Price in proportion to his/her/its shareholding held at 5:00 p.m. on the Record Date.The LSD Directors consider the terms of the Rights Issue, including the Subscription Price (and the discounts to the relative values as indicated above), to be fair and reasonable and to be in the interests of LSD and the LSD Shareholders as a whole.
LSD Shareholders should seek advice from their licensed securities dealer or other professional adviser for details of those settlement arrangements and how such arrangements will affect their rights and interests.