Examples of PRC Entity in a sentence
The PRC Entity is not profitable, and Forbes does not report any revenue generated by the Joint Venture as part of its revenues.
During the year, processing fees for machineries and equipment in the amount of HK$960,000 was charged to one of the PRC Subsidiaries by a PRC Entity indirectly controlled by Mr. Chan.
Meanwhile, one of the PRC Subsidiaries made sales of parts to the PRC Entity for the consideration of HK$18,000.
The registered capital in Baide Suzhou after the above equity interest transfers was owned as to RMB24,881,600, RMB10,754,000, RMB4,799,400 and RMB550,000 by BaidePRC Entity 2, Baide PRC Entity 3, Baide PRC Entity 4 and Shareholder PRC Entity 5 respectively, representing approximately 60.71%, 26.24%, 11.71% and 1.34% equity interest in Baide Suzhou.
Each component—reproductive health, gender, and population data—features innovative programme developments adapted to the Indonesian context.
After the completion of the above subscription of the increased registered capital in Baide PRC Entity 3, (i) the equity interest in Baide PRC Entity 3 is owned as to 50.86% by Investor PRC Entity 3, 44.27% by Investor PRC Entity 4 and 4.87% by Shareholder PRC Entity 5; and (ii) the equity interest in Baide Suzhou is owned as to 60.71% by Baide PRC Entity 2, 27.58% by Baide PRC Entity 3 and 11.71% by Baide PRC Entity 4.
On 7 December 2020, (i) Baide Suzhou had its registered capital increased from RMB11,000,000 to RMB40,985,000; and (ii) Baide PRC Entity 2 and Baide PRC Entity 3 subscribed for the increased portion of the registered capital in Baide Suzhou of RMB19,231,000 and RMB10,754,000, representing approximately 46.92% and 26.24% of the equity interest in Baide Suzhou respectively which was implemented pursuant to the Series A Investment.
Clause 58 (B) :- The successful contractor will have to enter into agreement in form specified by T.M.C. on a stamp of required amount as per rules in force.
In addition, as a foreign invested enterprise, the PRC Entity is subject to greater regulatory scrutiny than purely domestic PRC companies, and its ability to accept foreign investment may be significantly limited or completely hindered.
Subsequent to the end of the reporting period, the PRC Entity has filed a claim against Shenzhen Kangquan, Shenzhen City Changfei Investment Co., Ltd., Mr. Chan and Mr. Shao for repayment of the borrowings under the Arrangement to 廣東省深圳前海合作區人民法院 and up to the date of the approval and authorisation of the consolidated financial statements for issue the proceeding of the relevant claim is still in progress.