Examples of Xinyi Glass in a sentence
Pursuant to the shareholders’ agreement dated 25 June 2016 entered into amongst the controlling shareholders (as defined in the GEM Listing Rules) (the “ Shareholders’ Agreement”), the parties have agreed to grant a right of first offer to the other parties to the agreement if they want to sell their Shares allotted to them under the Xinyi Glass Distribution (as defined in the prospectus of the Company dated 28 June 2016).
Pursuant to the Shareholders’ Agreement, each of the parties has agreed to grant a right of first offer to the other parties if any of them intends to sell their Shares allotted to them under the Xinyi Glass Distribution (as defined in the prospectus of the Company dated 28 June 2016).
The eight states are Botswana, Eswatini, Kenya, Malawi, Mozambique, Nigeria, South Africa and Tanzania.
All the grant by Xinyi Glass of options over its equity instruments to the employees of the Group will be recharged back by Xinyi Glass over the vesting period.
The Company became a company with common controlling shareholders with Xinyi Glass.
Pursuant to the shareholders’ agreement dated 25 June 2016 (the “ Shareholders’ Agreement”), the parties have agreed to grant a right of first offer to the other parties to the agreement if they want to sell their Shares allotted to them under the Xinyi Glass Distribution (as defined in the Prospectus).
Approximate 600 sq.m. office area in Wuhu has been provided by Xinyi Energy Smart, a related company owned as to 100% by Xinyi Glass, for the Group’s occupations with rental mutually agreed.
Xinyi Solar is not a subsidiary of Xinyi Glass but a connected person of Xinyi Glass.
The proceeds received net of any directly attributable transaction costs are credited to share capital (and share premium).Prior to the Listing, the Group’s former ultimate holding company, Xinyi Glass Holdings Limited (“Xinyi Glass”) operates an equity-settled, share-based compensation plan.When the options are exercised, the former ultimate holding company issues new shares.
Since Xinyi Glass is a substantial shareholder of Xinyi Solar, Xinyi Glass and its subsidiaries are connected persons of Xinyi Solar.