Examples of Qualifying Holders in a sentence
For this reason, it is unlikely that the proposed clearing will cause, or exacerbate, the incidence or intensity of downstream flooding.
Qualifying Holders of Share Stapled Units who take up their pro rata entitlements in full will not suffer any dilution to their interests in the HKT Trust and HKT under the Rights Issue (apart from fractional entitlements to Rights Share Stapled Units).
If valid applications under the Excess Application Facility are received for more than the total number of Open Offer Shares available following take up of Open Offer Entitlements, such applications will be scaled back pro rata to the number of Excess Shares applied for by Qualifying Holders under the Excess Application Facility.
Holders of Existing Ordinary Shares with registered addresses in Australia will not be Qualifying Holders and no Application Forms will be sent to, nor will Basic Entitlements and/or Excess Entitlements be credited to, the stock accounts of such persons.
The HKT Trust and HKT propose to raise approximately HK$7,900 million (approximately US$1,013 million) before expenses by way of the Rights Issue, on the basis of 18 Rights Share Stapled Units for every 100 Existing Share Stapled Units held by Qualifying Holders of Share Stapled Units at 5:00 p.m. on the Record Date.