Examples of Previous Transaction in a sentence
As the highest applicable percentage ratio (as defined in the Listing Rules) in respect of the Sale and Leaseback Arrangement, both on standalone basis and when aggregated with the Previous Transaction, exceeds 25% but is less than 100%, the Sale and Leaseback Arrangement constitutes a major transaction of the Company and is subject to the notification, announcement, circular and Shareholders’ approval requirements under Chapter 14 of the Listing Rules.
IMPLICATIONS UNDER THE LISTING RULES On 28 March 2024, Chengtong Financial Leasing entered into the Previous Transaction with the Lessee.
IMPLICATIONS UNDER THE LISTING RULES On 5 December 2022, Chengtong Financial Leasing entered into the Previous Transaction with the Previous Lessee.
As the highest applicable percentage ratio (as defined in the Listing Rules) in respect of the Sale and Leaseback Arrangement exceeds 5% but is less than 25% on standalone basis, and exceeds 25% but is less than 100% when aggregated with the Previous Transaction, the Sale and Leaseback Arrangement constitutes a major transaction of the Company and is subject to the notification, announcement, circular and Shareholders’ approval requirements under Chapter 14 of the Listing Rules.
Since (i) the Sale and Leaseback Arrangement is entered into within 12 months from the completion date of the Previous Transaction, and (ii) the Previous Lessee and the Lessee both being companies owned as to 50% by the subsidiaries of China Datang Corporation Ltd.