Poly Finance definition

Poly Finance. 保利財務有限公司(Poly Finance Company Limited), a joint venture entity established under the laws of the PRC “PRC” the People’s Republic of China, which for the purpose of this announcement excludes Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan “PRC Group” the Company and its subsidiary(ies) established in the PRC “RMB” Renminbi, the lawful currency of the PRC “Share(s)” share(s) in the share capital of the Company “Shareholder(s)” holder(s) of the Shares
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Poly Finance. 保利財務有限公司 (Poly Finance Company Limited), a joint venture entity established under the laws of the PRC
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Poly Finance. 保 利 財 務 有 限 公 司 (Poly Finance Company Limited), a joint venture entity established under the laws of the PRC “PRC” the People’s Republic of China, which for the purpose of this announcement excludes Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan “PRC Group” the Company and its subsidiary(ies) established in the PRC “RMB” PRC Renminbi, the lawful currency of the PRC “Share(s)” share(s) of HK$0.50 each in the share capital of the Company “Shareholder(s)” holder(s) of the Share
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Examples of Poly Finance in a sentence

  • Poly Finance is owned as to an aggregate of 94.18% by China Poly Group and its associates, and is therefore a connected person of the Company.

  • As China Poly and its associates are substantial shareholders of the Company holding approximately 47.32% of the issued share capital of the Company, Poly Finance is an associate of a connected person of the Company under Chapter 14A of the Listing Rules.

  • In view of the increase in demand for Deposit Services to be provided by Poly Finance to the Group, on 19 May 2022 (after trading hours), the Company and Poly Finance entered into the 2022 Financial Framework Agreement to increase the annual caps in relation to the Deposit Services as may be provided by Poly Finance for a term of three years from the Effective Date.

  • The principal business of Poly Finance includes the provision of deposit services, loan financing services, settlement services and miscellaneous financial services.

  • Accordingly, Poly Finance is a connected person of the Company, and the Group’s use of the deposit services provided by Poly Finance constitutes continuing connected transactions of the Company under Chapter 14A of the Listing Rules.

  • Moreover, the interest rate in respect of the Deposit Services provided by Poly Finance to the Group will be higher than the average interest rate offered by independent major PRC state-owned commercial banks for comparable deposits of the same type and term; and its commercial terms in respect of the Deposit Services will be more favourable compared to those offered by independent major PRC state-owned commercial banks.

  • Poly Finance is owned as to 76% by China Poly and its associates, 9% by the Company and the remaining 15% by an independent third party.

  • Poly Finance is a non-banking financial institution with a financial licence issued by the CBIRC.

  • PRINCIPAL TERMS OF THE 2022 FINANCIAL FRAMEWORK AGREEMENT Date 19 May 2022 Parties the Company and Poly Finance Term The term of the 2022 Financial Framework Agreement is three years from the Effective Date.

  • Pursuant to the 2022 Financial Framework Agreement, the Company and the Mainland Entities will utilize financial services including Deposit Services, unsecured loan financing services, unsecured guarantee services and settlement services offered by Poly Finance.


More Definitions of Poly Finance

Poly Finance. 保 利 財 務 有 限 公 司 (Poly Finance Company Limited), a joint venture entity established under the laws of the PRC “Poly Holdings” Poly (Hong Kong) Holdings Limited, a company incorporated in Hong Kong with limited liability which is a wholly-owned subsidiary of China Poly and a controlling shareholder of the Company “Poly Real Estate” 保 利 房 地 產 （ 集 團 ） 股 份 有 限 公 司 (Poly Real Estate Group Co., Ltd.), a limited liability company established in the PRC and a subsidiary of Poly Southern, whose shares are listed on the Shanghai Stock Exchange
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Related to Poly Finance

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  • CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Acquisition Corp. shall have the meaning given to such term in the preamble to this Agreement.

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  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Plug-in Hybrid Electric Vehicle (PHEV) means a vehicle that is similar to a Hybrid but is equipped with a larger, more advanced battery that allows the vehicle to be plugged in and recharged in addition to refueling with gasoline. This larger battery allows the car to be driven on a combination of electric and gasoline fuels.

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • Finance means the Division of Finance.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Asset management means a systematic process of operating and maintaining the state system of

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • LLC means Limited Liability Company.

  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.

  • CESA means the California Endangered Species Act (Fish & G. Code, § 2050 et seq.) and all rules, regulations and guidelines promulgated pursuant to that Act.

  • ABS means asset-backed securities.

  • Performing Common Equity means Capital Stock (other than Preferred Stock) and warrants of an issuer all of whose outstanding debt is Performing.

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  • Capital One means Capital One, National Association, and its successors and assigns.

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Corporation/ Corpn./ Department means the Central Warehousing Corporation.

  • CarMax Auto means CarMax Auto Superstores, Inc., a Virginia corporation. “CarMax, Inc.” shall mean CarMax, Inc., a Virginia corporation.

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • Management Group means the group consisting of the directors, executive officers and other management personnel of the Issuer or any direct or indirect parent of the Issuer, as the case may be, on the Issue Date together with (1) any new directors whose election by such boards of directors or whose nomination for election by the shareholders of the Issuer or any direct or indirect parent of the Issuer, as applicable, was approved by a vote of a majority of the directors of the Issuer or any direct or indirect parent of the Issuer, as applicable, then still in office who were either directors on the Issue Date or whose election or nomination was previously so approved and (2) executive officers and other management personnel of the Issuer or any direct or indirect parent of the Issuer, as applicable, hired at a time when the directors on the Issue Date together with the directors so approved constituted a majority of the directors of the Issuer or any direct or indirect parent of the Issuer, as applicable.