Examples of Placing Proceeds in a sentence
The Company is currently in process of exploring potential locations and in continuing negotiations with various landlords for the relocation and restaurant openings.The Company intends to continue to apply the IPO Proceeds and November Placing Proceeds in the manner consistent with that mentioned above.
As to the remaining Placing Proceeds, as at 31 December 2019, (i) approximately HK$9.2 million was used for repayment of debts; and (ii) approximately HK$4.8 million was used for general working capital of the Group.
The CGFL Entities will provide a security interest in favour of the Trustee over the Customer Loans originated utilising the Placing Proceeds advanced to it under the Loan Facility, receivables payable under those Customer Loans and any bank account into which the Placing Proceeds and receipts generated by the Customer Loans are to be paid.
Pending investment, the Placing Proceeds will be held in cash or near cash investments.
Inclusion control is the key to the production of high clean or ultra high clean steel.