Examples of Qualified Property Acquisition in a sentence
The announcement and circular requirements under chapter 14 apply to the acquisition and the joint venture, if any, according to the transaction classification, except that the information circular need not contain a valuation report on the property under the Qualified Property Acquisition.
The table below summarises the notification, publication and shareholders’ approval requirements for a Qualified Issuer pursuant to a Qualified Property Acquisition.
The announcement and circular requirements under chapter 19 apply to the acquisition and the joint venture, if any, according to the transaction classification, except that the information circular need not contain a valuation report on the property under the Qualified Property Acquisition.
Besides, the Land Acquisition is regarded as a Qualified Property Acquisition under Rule 14.04(10C) of the Listing Rules as it involves an acquisition of governmental land(s) from a PRC Governmental Body through listing-for-sale governed by the PRC laws (as defined under the Listing Rules), which is undertaken by the Group via the Purchaser on a sole basis in its ordinary and usual course of business.
The process for developing the indicators began in 2015 with a review of existing tools and approaches and consultations with Government, Private Sector, field-based staff, and NGO partners to devise a set of common, standardized measures rooted in global good practices.
Qualified Property Acquisition undertaken on a joint venture basis with a Qualified Connected Person is governed by Main Board Listing Rules 14A.72 to 14A.79 / GEM Listing Rules 20.72 to 20.79.
Given that the Acquisition is a Qualified Property Acquisition, the Acquisition is subject to announcement and circular requirements but is exempt from (i) the shareholders’ approval requirement pursuant to Rule 14.33A of the Listing Rules and (ii) the requirement to include a valuation report on the Land in the circular pursuant to Rule 14.33B of the Listing Rules.
Qualified Property Acquisition undertaken on a joint venture basis with a Qualified Connected Person is governed by rules 14A.72 to 14A.79 14A.73.
The Acquisition is regarded as a Qualified Property Acquisition under Rule 14.04(10C) of the Listing Rules as it involves acquisition of governmental lands in the PRC from a PRC Governmental Body (as defined under Rule 19A.04 of the Listing Rules) through a tender, auction or listing-for-sale governed by PRC Law (as defined under Rule 19A.04 of the Listing Rules).
Announcement and circular requirements following notificationof a successful Qualified Property Acquisition under a General Property Acquisition Mandate 14A.76 (1) A Qualified Issuer must notify the Exchange in accordance with rule 14A.47(1) when it has been notified of the success of a bid for a Qualified Property Acquisition undertaken together with Qualified Connected Person(s) under a General Property Acquisition Mandate.