Revised Annual Caps definition
Examples of Revised Annual Caps in a sentence
The approval of the Independent Shareholders will be sought at the SGM by way of poll in respect of the Second Supplemental Agreement and the Revised Annual Caps.
The EGM will be convened and held for the Independent Shareholders to consider, and if thought fit, approve, among other matters, the Financial Services Agreement and the transactions contemplated thereunder, including the Revised Annual Caps.
The SGM will be held for the Independent Shareholders to consider and, if thought fit, among other things, (i) the entering into of the Supplemental Agreement; and (ii) the Revised Annual Caps for the three years ending 31 December 2018 by way of ordinary resolutions.
The voting in relation to the Supplemental Master Services Agreement and the Revised Annual Caps will be conducted by way of poll.
The EGM will be convened to consider and, if thought fit, to approve, among other things, the Second Supplemental Agreement, the Revised Annual Caps and the transactions contemplated thereunder.
Save as disclosed above, no other Director is regarded having a material interest in the Continuing Connected Transactions and required to abstain from voting on the board resolution to approve the Second Supplemental Agreement and the Revised Annual Caps with respect to the aggregate Sale Transactions.
Accordingly, the Company proposes to adopt the Revised Annual Caps in place of the Original Annual Caps.
Pursuant to Rule 14A.54 of the Listing Rules, the Group is required to re-comply with Rule 14A.53 of the Listing Rules to set the Revised Annual Caps in respect of the Leasing Transactions.
The Directors consider that the Revised Annual Caps which will need to be in place to allow the relevant newly completed non-feed production facilities to be included in the facilities to be rented to the OSIL Group under the Master Business Carve-out Agreement will enable the CPP Group include the newly completed facilities in the existing leasing arrangements and thereby to increase its income.
The EGM will be convened by the Company for the Independent Shareholders to consider and, if thought fit, approve the Supplemental Agreement and the Revised Annual Caps.