SGM definition
Examples of SGM in a sentence
The Board is pleased to announce that it has resolved to declare a special dividend of HK$0.92 per Share subject to the Shareholders’ approval at the SGM, if applicable, and the GAT Closing.
Shareholders are entitled to the Special Dividend (subject to the Shareholders’ approval at the SGM, if applicable, and the GAT Closing) irrespective of Completion.
Accordingly, (i) the Vendors and/or their respective associates within the meaning of the Listing Rules; (ii) Teamsun and/or its associates, if Teamsun and/or its associates shall have any shareholding interest in the Company and their respective concert parties; and (iii) Shareholders who are interested or involved in the Special Deals will abstain from voting in respect of the resolutions to approve the Special Deals at the SGM.
A circular containing, among other things, (i) further details of the Special Deals, the General Offer and the Option Offer; (ii) the respective letters of advice from the Independent Board Committee and the Independent Financial Adviser in respect of the Special Deals; and (iii) a notice convening the SGM, will be sent to the Shareholders as soon as practicable in accordance with the Listing Rules and the Takeovers Code.
At the 2008 SGM, the Shareholders have approved the provision of cross guarantees in respect of banking facilities in the amount of RMB500 million between Xxxx Xxxx Xxxx and JinBei (and its subsidiaries) for the period from 1 January 2009 to 31 December 2009.