Examples of Sale Interests in a sentence
Set out in the table below is the carrying value of the net assets, as well as the total comprehensive profit attributable to the net assets, comprising the Sale Interests: The estimated tax charge on the Transaction Consideration of US$300m, is approximately US$37m.
The Company shall not be obliged to complete the purchase of any Target Assets unless the purchase by it of the Sale Shares from Mengniu SPV and the Sale Interests from each of GS, Shining and Inner Mongolia Mengniu (as applicable) are completed simultaneously.
On 2 December 2020 (after trading hours of the Stock Exchange), the Vendor, an indirect wholly-owned subsidiary of the Company, the Purchaser, Beiying Movie, Bo Rui De Trading, Fubei Investment and the Project Company entered into the SPA pursuant to which the Vendor conditionally agreed to sell and the Purchaser conditionally agreed to purchase the Sale Interests at a consideration of RMB1.
There are no governmental, legal or arbitration proceedings nor, so far as the Company is aware, are any such proceedings pending or threatened which may have, or have had during the 12 months preceding the date of this Circular, a significant effect on the financial position or profitability of the Sale Interests.
Upon acquiring the Sale Interests, all of AngloGold Ashanti’s obligations related to Nufcor and MWC, including in the case of MWC, all of AngloGold Ashanti’s obligations with regards to the pumping and efficient management of the underground water in the Vaal River region (the “KOSH Water Directive”) will be transferred to Harmony.