Examples of West Route PRC Partner in a sentence
Accordingly, HHI West HK Co and West Route PRC Partner agreed to enter into the Amending Agreements.
West Route PRC Partner currently has a 50% interest in each of West Route JV and Guangzhou-Shenzhen-Zhuhai Superhighway Company Limited (which is a Sino-foreign co-operative joint venture between West Route PRC Partner and a subsidiary of HHI), and is accordingly deemed to be a connected person of HHI and HH for the purposes of Chapter 14A of the Listing Rules.
As disclosed in the prospectus of HHI dated 28 July 2003, HHI had been actively pursuing the development of Phase II West and had been negotiating the terms of co-operation with West Route PRC Partner in respect of the investment in and the planning, design, construction and operation of Phase II West, which negotiations resulted in their agreement to co-operate on a 50:50 basis, being the same basis as that in respect of Phase I West.
West Route PRC Partner has confirmed to HHI that neither it nor any of its associates holds any shares in HH or HHI, with “associates” (as defined in the Listing Rules) being confined to those companies which are associates of West Route PRC Partner by reason only of Guangdong Provincial Communication Group Company Limited’s interest in such company.
On 14 July 2004, HHI West HK Co entered into the Amending Agreements with West Route PRC Partner for the investment in and the planning, design, construction and operation of Phase II West through West Route JV.
West Route PRC Partner is a state-owned enterprise wholly-owned by and under the administration of Guangdong Provincial Communication Group Company Limited.