Services Transactions definition
Examples of Services Transactions in a sentence
The Promotional and Product Services Transactions Review shall be performed annually and shall cover each of the five Reporting Periods.
The Promotional and Product Services Review shall consist of two components - a systems review (the “Promotional and Product Services Systems Review” or “Systems Review”), and a transactions review (the “Promotional and Product Services Transactions Review” or “Transactions Review”) as described more fully below.
The Services Transactions therefore constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules.
The IRO shall conduct the Promotional and Product Services Transactions Review for each Reporting Period of the CIA.
In the case of such refusal by Clearnet to provide Clearing Services, Transactions involving the new Financial Instrument shall be processed in accordance with the last paragraph of Article 4.1.
The Promotional and Product Services Transactions Review shall be performed annually and shall cover each of the Reporting Periods.
An EGM will be convened and held by the Company to consider and, if thought fit, approve each of the New Master Services Agreements and the Services Transactions contemplated thereunder and their Annual Caps.
As the highest of the applicable Percentage Ratios in respect of the Annual Caps of each NWD Master Services Agreement and NWS Master Services Agreement is more than 25%, each of them, the Services Transactions contemplated thereunder and its Annual Caps are subject to the reporting, annual review, announcement and Independent Shareholders’ approval requirements under Chapter 14A.
As the highest of the applicable Percentage Ratios in respect of the Annual Caps of each CTFE Master Services Agreement and Doo’s Associates Group Master Services Agreement is more than 5% and exceeds HK$10,000,000, each of them, the Services Transactions contemplated thereunder and its Annual Caps are subject to the reporting, annual review, announcement and Independent Shareholders’ approval requirements under Chapter 14A.
Ballas Capital Limited has been appointed by the Company as the independent financial adviser to advise the Independent Board Committee and the Independent Shareholders on, among other matters, the fairness and reasonableness of the Proposed Acquisition, the 2018 FSE Master Facility Services Agreement and the 2018 NWD Master Facility Services Agreement, the Services Transactions contemplated under these agreements and the Annual Caps for the same.