Examples of Offeree Group in a sentence
The Offeror is not a director of the board of directors of the Offeree (“Board”) and is therefore not involved in the Board’s decision-making, strategising, planning or the overall management of the Offeree’s operations (this would include matters relating to the management and development of the business and assets and the employment matters of the Offeree Group) other than in his role as the general manager of the two Singapore subsidiaries of the Offeree as mentioned in paragraph 9.1 (Offeror) above.
The Directors believe that, based on the initial assessment by the financial management team of the Company, there are no principal differences between the HKFRS and the IFRS (being the Offeree Group’s accounting standards) that are applied to the Company and the Offeree Group, respectively.
The economic and financial crisis had had an asymmetrical impact on the countries and regions of Europe, because of the disadvantaged socio-economic situation of certain regions.
Supplemental general information of the Offeror and Fullshare Group is set out in Appendix IV to this Supplemental Document.SUPPLEMENTAL INFORMATION ON THE OFFEREE GROUPThe Offeree Group is principally engaged in the research, design, development, manufacture and distribution of various types of mechanical transmission equipment for a broad range of applications in wind power generation and industrial use.
INFORMATION ON THE OFFEREE COMPANY The Offeree Group is principally engaged in the research, design, development, manufacture and distribution of various types of mechanical transmission equipment for a broad range of applications in wind power generation and industrial use.
They are very suitable platforms for custom high-performance image processing applications, because the workload can be distributed between both parts (hardware and software) of the chip.
Your attention is also drawn to the financial and general information of the Offeree Group set out in ‘‘Appendix II – Financial Information of the Offeree Group’’ and ‘‘Appendix IV – General Information of the Offeree Group’’, respectively, to the Composite Document.
Reasons for and benefits of the Offer As set out in the Offeror Announcement, the reasons for and benefits of the Offer are as follows: The Tong Family is optimistic about the future prospect of the Offeree Group and the making of the Offer affirms the Tong Family’s confidence in and commitment to the Offeree Group.
INTENTIONS OF THE OFFEROR REGARDING THE OFFEREE GROUP In the event that the Offer becomes unconditional in accordance with its terms, the Offeror intends that the Offeree Group will continue to operate its business in substantially its current state.
Pursuant to the interim report of the Offeree, contribution from securities trading and investment to the Offeree Group was mainly derived from dividend receipts as well as profit on sale of and unrealized gain on changes in fair value of trading securities investments.