Examples of Stock Borrowing Agreement in a sentence
Yip Chee Seng, Mr. Yip Chee Lai Charlie, Mr. Yip Chee Way David and Mr. Yep Gee Kuarn, together with Mr. Tan Beng Gim and Ms. Chua Siew Hun, are the beneficial owners of the issued share capital of BSEL which held 195,960,000 Shares and which was entitled to be returned 12,000,000 Shares which had been transferred by BSEL to the Sole Global Coordinator (as borrower) pursuant to the Stock Borrowing Agreement (as defined in the Prospectus and further detailed in note 2 below).
There has been an over-allocation of 5,000,000 Shares in the International Offering and such over-allocation will be covered by exercising the Over-allotment Option in full or in part, or by making purchases in the secondary market at prices that do not exceed the Offer Price or through the stock borrowing arrangement under the Stock Borrowing Agreement between China International Capital Corporation Hong Kong Securities Limited and Vanguard Glory Limited or a combination of these means.
On 22 March 2018, the Group entered into a Stock Borrowing Agreement (“Agreement”) with HMV Digit China as the Borrower, whereas the Group has agreed to make available to the Borrower a loan of the Loaned Securities up to 300,000,000 shares in HMV Digit China, that were held by a subsidiary of the Group, in favour of an investor as a security for performance of certain obligations by HMV Digit China, in relation to its issuance of Convertible Bonds and Notes to the investor.
There has been an over-allocation of 82,692,000 Shares in the International Offering and such over-allocation will be settled using Shares to be borrowed under the Stock Borrowing Agreement between APEX MEDICAL COMPANY LTD.
The Stock Borrowing Agreement is in compliance with Rule 10.07(3) of the Listing Rules.