Examples of Major Shareholder in a sentence
As from the First CPS Subscription Closing Date and Share Purchase Closing Date, the HB Entertainment Major Shareholder and HB Corp shall cause HB Entertainment to discuss and cooperate with the Company in good faith regarding the possibility of the Company’s participation and cooperation with HB Entertainment in potential investments, projects or other businesses of HB Entertainment in the People’s Republic of China arising after the First CPS Subscription Closing Date and Share Purchase Closing Date.
To the best knowledge, information and belief of the Directors after having made all reasonable enquiries, as at the date of this announcement, HB Entertainment, HB Corp and their respective ultimate beneficial owners, and the HB Entertainment Major Shareholder are third parties independent of the Company and its connected persons.
Each Major Shareholder Group shall file with the SEC within the time periods required by the Exchange Act and the rules and regulation promulgated thereunder, an amendment to such party’s Group Report (or a Schedule 13D, if such Group Report was on Schedule 13G) or an initial Schedule 13D, which shall (i) report such Major Shareholder Group’s execution and delivery of this Agreement, (ii) file a copy of this Agreement as exhibit thereto and (iii) otherwise comply with the requirements of Schedule 13D.
As at the date of this announcement, the HB Entertainment Major Shareholder and HB Corp hold approximately 61.67% and approximately 33.33% respectively of the issued shares of HB Entertainment.
The Parent shall keep the Company reasonably informed of the status of material developments and negotiations with respect to any Parent Acquisition Proposal (including any Major Shareholder Proposal), inquiry, proposal, offer or request, including any material changes, modifications or other amendments to any such Parent Acquisition Proposal, inquiry, proposal, offer or request.