Examples of Proposed Distribution in a sentence
Following the Proposed Distribution, the Operating Subsidiaries will cease to be subsidiaries of the Company and the Company will no longer be involved in the IT business going forward.
Rule 2.1. Form of AccountRule 2.2. Form; Assets Transferred by the Exercise of a Power of Appointment Rule 2.3. Form; Separate Accounts for MinorsRule 2.4. Petition for Adjudication/Statement of Proposed Distribution; Virtual RepresentationRule 2.5. Notice of Account Filing Rule 2.6. Filing with the ClerkRule 2.7. Objections to Accounts or Petitions for Adjudication/Statements of Proposed DistributionRule 2.8. Pleadings Allowed After Objections are Filed Rule 2.9. Confirmation of Accounts; AwardsRule 2.10.
The Structural Engineer has commented that Client requirements were sufficiently clear.
Upon completion of the Proposed Distribution and Capital Repayment, RHB Bank will assume the listing status of RHB Capital.
The Company and the Shareholders hereby waive application of any other provisions of the Investors' Agreement that would impose further requirements or otherwise bar (i) the Proposed Distribution by the THL Entities or (ii) the sales or distributions of the Other Shares by the Shareholders (other than the THL Entities) and by their Permitted Transferees.
After the Proposed Distribution, the added benefit is that you will have the flexibility to directly decide on how to deal with your SCM shares independently of your SCI shares, and manage your holdings in both companies.
The Transaction provides an opportunity to the MEL Independent Shareholders to convert their indirect economic interests in the unlisted Property Interests into direct interest in listed SHT Shares while maintaining an economic interest in the Property Interests following Completion through holding the SHT Shares to be distributed under the Proposed Distribution.
However, it is anticipated that Meadville will have no material remaining assets available for distribution on its winding-up after the Proposed Distribution and after the payment of fees and expenses in relation to the Proposal and the costs of the winding-up.
The Company intends to undertake the Proposed Distribution to reward Shareholders for their continued support in relation to the Company.
On 24 December 2014, the Amended Proposed Distribution had been completed with the payment of a special dividend of RM2.65 sen per ordinary shares of RM0.10 each amounting to RM1,487.1 million (after deducting the Set-Off Amount).