Proposed Disposal definition

Proposed Disposal has the meaning given in clause 25.3(a).
Proposed Disposal means the proposed disposal of the Sale Shares and the

Examples of Proposed Disposal in a sentence

  • As such, each of the Proposed Acquisition, the Proposed Disposal and the Proposed Joint Venture also constitutes a connected transaction of the Company and is subject to the reporting, announcement, circular (including independent financial advice) and Independent Shareholders’ approval requirements under Chapter 14A of the Listing Rules.

  • The EGM will be held for the Independent Shareholders to consider and, if thought fit, approve the Master Agreement and the transactions contemplated thereunder (including the Proposed Acquisition, the Proposed Disposal, the Proposed Joint Venture and the Possible Unwinding Transaction).

  • As one of the applicable percentage ratios (as defined in Rule 14.07 of the Listing Rules) in respect of the Proposed Disposal exceeds 25% but all of them are less than 75%, the Proposed Disposal constitutes a major transaction of the Company.

  • The net sale proceeds from the Proposed Disposal (after deducting related transaction costs) are estimated to be approximately HK$106,721,000 (assuming that there is no material difference in the amount of NAV arrived at based on the consolidated management accounts of the HK PropCo as at 31 March 2022 and the Completion Accounts).

  • Shareholders should note that the actual gain or loss arising from the Proposed Disposal can only be determined when the net gain or loss on the Proposed Disposal, taking into account (i) the final amount of the Disposal Consideration to be ascertained after considering necessary adjustments (if any) to be made as described above and (ii) the relevant transaction costs and tax (if any) in connection with the Proposed Disposal, can be determined after Disposal Completion has taken place.


More Definitions of Proposed Disposal

Proposed Disposal the proposed disposal of the Equity Interest by Chalco Hong Kong to Chinalco Overseas Holdings
Proposed Disposal the proposed disposal of the entire issued share capital of the Target Company by SOHO China (Hong Kong) to the Purchaser pursuant to the Framework Agreement “Purchaser” Brave Point Limited, a company incorporated in Hong Kong with limited liability and an Independent Third Party as at the date hereof “RMB” Renminbi, the lawful currency of the PRC “Share(s)” ordinary share(s) of nominal value of HK$0.02 each in the capital of the Company “Shareholder(s)” the holder(s) of Share(s) “Sky SOHO Project” the Sky SOHO project of the Company situated at Hongqiao Linkong Economic Zone in Shanghai, the PRC “SOHO China (Hong Kong)”or “Seller” SOHO China (Hong Kong) Limited (搜候(香港)有限公司), a company incorporated in Hong Kong with limited liability and a wholly-owned subsidiary of the Company “sq.m.” square metre
Proposed Disposal together with the Proposed Investment in the Fund, the “Proposed Transactions”). Proposed Investment in the Fund The capital commitments to be made by each limited partner to the Fund shall be determined among the relevant parties through negotiations on an arm’s length basis.
Proposed Disposal means the conditional disposal of the Sale Shares and the Sale
Proposed Disposal the proposed disposal of the Target Interests by NWXP to XIPC on the terms and conditions of the Framework Agreement and the Sale and Purchase Agreement “RMB” Renminbi, the lawful currency of the PRC “Sale and Purchase Agreement” the formal sale and purchase agreement to be entered into between NWXP (as vendor) and XIPC (as purchaser) in relation to the Proposed Disposal pursuant to the Framework Agreement
Proposed Disposal the conditional disposal of the Sale Shares and the Sale Loan by the HK Vendor to the HK Purchaser pursuant to the HK PropCo Agreement
Proposed Disposal means the proposed disposal by the Company of the following securities to the Sponsor: