TCC Group definition

TCC Group means the companies and entities comprised in the Thai Charoen Corporation Group which are controlled by Mr Charoen Sirivadhanabhakdi and Ms Khunying Wanna Sirivadhanabhakdi;
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TCC Group refers to the companies and entities in the TCC Group which are controlled by Mr Chaoron Sirivadhanabhakdi and Khunying Wanna Sirivadhanabhakdi. Corporate To address and manage possible conflicts of interest (including in relation to Directors, officers and employees) that may arise in managing FH-REIT, the REIT Manager has put in place procedures which, among other things, specify that: (a) the REIT Manager shall be dedicated to the management of FH-REIT and will not directly or indirectly manage other REITs; (b) all executive officers will be employed by the REIT Manager; (c) all resolutions in writing of the directors of the REIT Manager (“REIT Manager Directors”) in relation to matters concerning FH-REIT must be approved by a majority of the REIT Manager Directors, including at least one director independent from management and business relationships with the REIT Manager; (d) at least a majority of the REIT Manager Board shall comprise REIT Manager independent Directors; (e) on matters where Frasers Property Group has an interest (directly or indirectly), Directors nominated by Frasers Property Group shall abstain from voting. On such matters, the quorum must comprise a majority of the REIT Manager’s independent Director and must exclude nominee Directors of Frasers Property Group; and (f) an interested Director is required to disclose his interest in any proposed transaction with FH-REIT and is required to abstain from voting on resolutions approving the transaction. Further information on the conflict policy the Trustee-Manager has instituted to deal with conflicts of interest that may arise in managing FH-BT can be found in the Statement on the Policies and Practices in Relation to the Management and Governance of FH-BT on pages 128 to 134. The Managers do not have a practice of extending loans to Directors, and as at 30 September 2019, there were no loans granted by the Managers to Directors. If there are such loans, each of the Managers will comply with its obligations under the Companies Act (Chapter 50 of Singapore) in relation to loans, quasi-loans, credit transactions and related arrangements to Directors.
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TCC Group means the companies and entities in the TCC Group which are controlled by Mr Charoen Sirivadhanabhakdi and Khunying Wanna Sirivadhanabhakdi. For the avoidance of doubt, the TCC Group does not refer to TCCGI or include TCCGI
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Examples of TCC Group in a sentence

  • Mr Panote Sirivadhanabhakdi, the Group Chief Executive Officer, is a director of certain entities within the TCC Group and is a director of Frasers Hospitality Asset Management Pte.

  • Any attempt to invalidate or tamper with the test, or refuse the test will subject the employee to disciplinary action, up to and including termination.

  • TCC Group also has experience and expertise in life/non-life insurance business for a long time.

  • The non-executive Vice-Chairman, Khunying Wanna Sirivadhanabhakdi, is the vice-chairman of several public listed and private entities within the TCC Group.

  • Mr Chotiphat Bijananda, a non-executive and non-independent Director of the Company, is a director of TCC Assets Limited and TCC Technology Co., Ltd within the TCC Group.

  • Mr Panote Sirivadhanabhakdi also holds 20.0% of the issued share capital of TCC Group Investments Limited4, and is therefore deemed interested in TCC Group Investments Limited’s 38.00% direct interest in the stapled securities of FHT.

  • Therefore, the Company is able to access real estates and plots of land of good quality in prime locations from TCC Group with the rights to purchase certain properties from TCC Group for development in the future.Therefore, the investment is considered as ongoing development of real estate projects, which lead to consistent and sustainable growth and increase long-term value of the Company.

  • It is also committed to ongoing expansion of the platforms for retail and wholesale real estates to increase consumption and export market shares.The Company has received support from TCC Group (group of companies of the grantors, namely Mr. Charoen Sirivadhanabhakdi and Khunying Wanna Sirivadhanabhakdi) who owns a large land bank in Thailand.

  • The Company has received support from its related parties, i.e. TCC Group (Group of Companies of the Grantors namely Mr. Charoen Sirivadhanabhakdi and Khunying Wanna Sirivadhanabhakdi who own a large land bank in Thailand).

  • It has been granted the right to purchase certain real estates from TCC Group for future project development under the Right Granting Agreement dated June 7, 2019, which will support its expansion plan.


More Definitions of TCC Group

TCC Group means the Company and its direct and indirect subsidiaries and affiliates which are wholly-owned, directly or indirectly, by the Company.
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Related to TCC Group

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • SAP Group means SAP Parent and any of its Associated Companies.

  • Tax Group means any federal, state, local or foreign consolidated, affiliated, combined, unitary or other similar group of which the Acquiror Company is now or was formerly a member.

  • Combined Group means a group of corporations or other entities that files a Combined Return.

  • DBS Group means DBS Bank Ltd, its subsidiaries, affiliates, branches and related companies.

  • Parent Group has the meaning set forth in Section 8.03(c).

  • Seller’s Group means the Seller and any company which is, on or after the date of this Agreement, a subsidiary or holding company of the Seller or a subsidiary of a holding company of the Seller, and excludes, for the avoidance of doubt, any Group Company, and "Seller's Group Company" shall be construed accordingly.

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of SpinCo, after giving effect to the Reorganization.

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • SpinCo Entities means the entities, the equity, partnership, membership, limited liability, joint venture or similar interests of which are set forth on Schedule IV under the caption “Joint Ventures and Minority Investments.”

  • VAT Group means a group for the purposes of the VAT Grouping Legislation.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • Related Group For Loan Group 1, Group 1 and for Loan Group 2, Group 2.

  • Retained Group means, in respect of each Seller, that Seller, its subsidiaries and subsidiary undertakings from time to time, any holding company of the Seller and all other subsidiaries or subsidiary undertakings of any such holding company (excluding the Purchaser, that Seller’s Target Company and any subsidiaries or subsidiary undertakings of that Target Company);

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.

  • Target Group means the Target and its Subsidiaries.

  • SpinCo Separate Return means any Tax Return of or including any member of the Spinco Group (including any consolidated, combined, or unitary return) that does not include any member of the Remainco Group.

  • Promoter Group means such persons and entities constituting the promoter group as per Regulation 2(1)(pp) of the SEBI ICDR Regulations.

  • SpinCo shall have the meaning set forth in the Preamble.

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • Purchaser’s Group means the Purchaser, its subsidiaries and subsidiary undertakings, any holding company of the Purchaser and all other subsidiaries of any such holding company from time to time;

  • Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.

  • Affiliated Group means any affiliated group within the meaning of Code Section 1504(a) or any similar group defined under a similar provision of state, local or foreign law.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • HSBC Group means HSBC Holdings plc, its affiliates, subsidiaries, associated entities and any of their branches and offices (together or individually), and “member of the HSBC Group” has the same meaning.