Examples of Relevant Rights in a sentence
The aggregate value of the entire Relevant Rights Shares amount to IDR 3,766,000,000,000 (equivalent to approximately S$ 350,000,000), based on 15,064,000,000 Relevant Rights Shares at the Renuka Rights Price.
Assuming that none of the remaining 20% Renuka Rights Shares (other than the Relevant Rights Shares) are subscribed by other existing shareholders of the Target, pursuant to the Proposed Restructuring, the Company’s resultant effective shareholding interests in PT WI will be approximately 99.6%6, i.e. Dilution or Proposed Disposal of 0.4% in the Company’s effective shareholding interests in PT WI pursuant to the Proposed Restructuring (“Scenario 2”).
Buyer hereby irrevocably assumes and agrees to discharge the Assumed Liabilities (including all past, present and future Liabilities associated with, and/or arising out of the Relevant Rights) in accordance with their respective terms and subject to the respective conditions thereof.
The Shares Consideration was arrived at after arms’ length negotiations between the Company and the Target, based on a willing-buyer willing-seller basis, having taken into account, the Valuation and the aggregate Renuka Rights Price for the Relevant Rights Shares.
Pursuant to the CSBA, WRH shall satisfy the subscription consideration for the Relevant Rights Shares by way of transfer of its 99% shareholdings in PT WI to the Target (the “Shares Consideration”).