Examples of LSD Shares in a sentence
The Company pledged approximately 208,513,987 LSD Shares as security pursuant to its 7.70% secured guaranteed notes due 2018 under a share charge dated 24 July 2014.
Any LSD Shareholder or other person dealing in the LSD Shares or in the nil-paid Rights Shares up to the date on which all the conditions to which the Rights Issue is subject are fulfilled (and the date on which the Underwriter’s right of termination of the Underwriting Agreement ceases) will accordingly bear the risk that the Rights Issue may not become unconditional or may not proceed.
LSG, a holding company of LSD, is interested in 343,593,021 LSD Shares (representing approximately 56.30% of the issued share capital of LSD).
The underwriting standards and premium processing practices followed by NYLIAC are similar to those followed in connection with the offer and sale of non-variable life insurance, modified where necessary to meet the requirements of the federal securities laws.
The Company and Joy Mind Limited acquired in aggregate 17,319,000 LSD Shares on the market in May, June and July 2018, thereby increasing their shareholding interests in LSD from 322,704,572 LSD Shares to 340,023,572 LSD Shares.
Under this fair basis, LSG or the LSG Subsidiaries’ ability to subscribe unwanted Rights Shares by way of EAFs will be treated in the same manner as all other Qualifying Shareholders who submit EAFs, save that, in any event, applications by LSG and the LSG Subsidiaries, will be scaled back to ensure that LSG and the LSG Subsidiaries entitlement to such unwanted Rights Shares is capped at the same percentage interest which LSG and the LSG Subsidiaries collectively hold in the LSD Shares on the Record Date.
In order to be registered as members of LSD at 5:00 p.m. on the Record Date, all transfer documents of the LSD Shares (together with the relevant share certificates) must be lodged for registration with the Registrar at Level 22, Hopewell Centre, 183 Queen’s Road East, Hong Kong, by 4:30 p.m. on Wednesday, 13 January 2016.
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.
Pursuant to the Rights Issue, the Qualifying Shareholders will be provisionally allotted 1 Rights Share in nil-paid form for every 2 existing LSD Shares held on the Record Date.
In addition, Mr. Chen was taken to be interested in the 265,732,500 LSD Shares owned by Absolute Gain Trading Limited by virtue of his controlling interest therein.