Special Deal definition

Special Deal means the proposed settlement under the Creditors’ Schemes of the indebtedness due to such Creditors who are also Shareholders, which will constitute a special deal under Note 5 to Rule 25 of the Takeovers Code

Special Deal the Set-Off which constitutes a special deal under Note 5 to Rule 25 of the Takeovers Code

Special Deal the Disposal which constitutes a special deal for the Company under Rule 25 of the Takeovers Code “Stock Exchange” The Stock Exchange of Hong Kong Limited

Examples of Special Deal in a sentence

• Any Shareholders who are involved in or interested in the Special Deal Agreements, and their respective associates (as defined in the Listing Rules) and any persons acting in concert with any Shareholders who are involved in or interested in the Special Deal Agreements are required to abstain from voting on the relevant resolution at the SGM.

• Completion of the Special Deal Agreements is subject to the conditions under each of the Special Deal Agreements being fulfilled.

• The SGM will be held for the purpose of considering and, if thought fit, approving the Special Deal Agreements by way of poll.

• Yours faithfullyFor and on behalf of the Code Independent Board CommitteeYEO Philip Liat Kok ZHANG Yi KevinIndependent non-executive DirectorsSet out below is the letter of advice from Somerley Capital Limited, the independent financial adviser to the Independent Board Committees and the Independent Shareholders in respect of the Special Deal Agreements, which has been prepared for the purpose of inclusion in this circular.

• We have been appointed by the Board to form the Code Independent Board Committee to consider and advise the Independent Shareholders as to whether, in our opinion, the transactions contemplated under each of the Special Deal Agreements are fair and reasonable so far as the Independent Shareholders are concerned.

More Definitions of Special Deal

Special Deal any payments of proceeds of the Subscription under Titan Debt Restructuring Proposal to holders of the Outstanding Notes who are also holders of Shares or to SPHL as holder of Listco Preferred Shares

Special Deal the proposed settlement under the Creditors Schemes of the Convertible Bonds in the outstanding principal amount of US$13 million held by eForce

Special Deal. ’ means the Redemption which constitutes a special deal

Special Deal the proposed settlement of the indebtedness due to the Scheme Creditors, who are Shareholders, under the Schemes, which will constitute a special deal under Note 5 to Rule 25 of the Takeovers Code “Sponsor” Octal Capital Limited, a licensed corporation to carry out Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities for the purposes of the SFO, the sponsor to the Company “State Council” the State Council of the PRC ( 中 華 人 民 共 和 國 國 務 院 )

Special Deal the entering into of the Settlement Agreement between the Company and U-Continent which will constitute a special deal under Note 5 to Rule 25 of the Takeovers Code, subject to the materialisation of the Proposed Restructuring

Special Deal has the meaning ascribed to it under Rule 25 of the Hong Kong Takeovers Code or Rule 10 of the Singapore Takeovers Code;

Special Deal means the Share Subscription, which constitutes a special deal under Rule 25 of the Takeovers Code;