Common use of Authorization of the Deposit Agreement Clause in Contracts

Authorization of the Deposit Agreement. The Deposit Agreement has been duly authorized, executed and delivered by the Company and assuming due authorization, execution and delivery by the Depositary, constitutes a valid and legally binding obligation of the Company, enforceable in accordance with its terms, subject, as to enforceability, to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles. The ADSs, when issued by the Depositary against the deposit of the Offered Shares in respect thereof in accordance with the provisions of the Deposit Agreement, will be duly authorized, validly issued, fully paid and nonassessable, and the persons in whose names such ADSs are registered will be entitled to the rights of registered holders of the ADSs specified therein and in the Deposit Agreement. The descriptions of this Agreement and the Deposit Agreement contained in the Registration Statement, General Disclosure Package and the Final Prospectus is true and accurate in all material respects.

Authorization of the Deposit Agreement. The Deposit Agreement has been duly authorized, executed and delivered by the Company and and, assuming due authorization, execution and delivery by the Depositary, constitutes a valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms, subject, as to enforceability, to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles. The ADSs, when issued by the Depositary against the deposit of the Offered Shares in respect thereof in accordance with the provisions of the Deposit Agreement, will be duly authorized, validly issued, fully paid and nonassessable, and the persons in whose names such ADSs are registered will be entitled to the rights of registered holders of the ADSs specified therein and in the Deposit Agreement. The descriptions of this Deposit Agreement and the Deposit Agreement ADSs conforms in all material respects to the descriptions thereof contained in the Registration Statement, the General Disclosure Package and the Final Prospectus is true and accurate in all material respectsProspectus.

Authorization of the Deposit Agreement. The Deposit Agreement has been duly authorized, executed and delivered by the Company and and, assuming due authorization, execution and delivery by the Depositary, constitutes a legal, valid and legally binding obligation agreement of the Company, Company enforceable against the Company in accordance with its terms, subject, except as to enforceability, to enforcement thereof may be limited by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles. The ADSs, when issued principles of equity; upon due issuance by the Depositary of ADRs evidencing ADSs against the deposit of the Offered Ordinary Shares in respect thereof in accordance with the provisions of the Deposit Agreement, such ADRs will be duly authorized, and validly issued, fully paid and nonassessable, issued and the persons in whose names such ADSs are registered holders and beneficial owners thereof will be entitled to the rights of registered holders of the ADSs specified therein and in the Deposit Agreement. The descriptions of this Agreement ; and the Deposit Agreement and the ADRs conform in all material respects to the descriptions thereof contained in the Registration Statement, General Disclosure Package and the Final Prospectus is true and accurate in all material respectsProspectus.

Authorization of the Deposit Agreement. The Deposit Agreement has been duly authorized, executed and delivered by the Company and and, assuming due authorization, execution and delivery by the Depositary, constitutes a valid and legally binding obligation of the Company, enforceable in accordance with its terms, subject, as to enforceability, to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles. The ADSs, when issued by the Depositary against the deposit of the Offered Shares in respect thereof in accordance with the provisions of the Deposit Agreement, will be duly authorized, validly issued, fully paid and nonassessable, issued and the persons in whose names such ADSs are registered will be entitled to the rights of registered holders of the ADSs specified therein and in the Deposit Agreement. The descriptions of this Deposit Agreement and the Deposit Agreement ADSs conform in all material respects to the descriptions thereof contained in the Registration Statement, the General Disclosure Package and the Final Prospectus is true and accurate in all material respectsProspectus.

Authorization of the Deposit Agreement. The Deposit Agreement has been duly authorized, and will be executed and delivered by the Company and on the First Closing Date (as defined below) and, assuming due authorization, execution and delivery by the Depositary, constitutes a valid and legally binding obligation of the Company, Company enforceable in accordance with its terms, subject, except as to enforceability, to enforceability may be limited by applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and or similar laws of general applicability relating to or affecting creditors’ rights or by equitable principles relating to enforceability. Upon due issuance and to general equity principles. The ADSs, when issued delivery by the Depositary against of ADSs representing the Offered Securities and the deposit of the Offered Ordinary Shares in respect thereof represented by such ADSs in accordance with the provisions of the Deposit Agreement, such ADSs will be duly authorized, and validly issued, fully paid and nonassessable, issued and the persons in whose names such the ADSs are registered will be entitled to the rights of registered holders of the ADSs specified therein and in the Deposit Agreement. The descriptions of this Agreement ; and the Deposit Agreement and the ADSs conform in all material respects to the descriptions thereof contained in the Registration Statement, General Disclosure Package the Time of Sale Prospectus and the Final Prospectus is true and accurate in all material respectsProspectus.

Authorization of the Deposit Agreement. The Deposit Agreement has been duly authorized, executed and delivered by the Company and and, assuming due authorization, execution and delivery by the Depositary, constitutes a legal, valid and legally binding obligation agreement of the Company, Company enforceable against the Company in accordance with its terms, subject, except as to enforceability, to enforcement thereof may be limited by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles. The ADSs, when issued principles of equity; upon due issuance by the Depositary of ADRs evidencing ADSs against the deposit of the Offered Ordinary Shares in respect thereof in accordance with the provisions of the Deposit Agreement, such ADRs will be duly authorized, and validly issued, fully paid and nonassessable, issued and the persons in whose names such ADSs are registered holders thereof will be entitled to the rights of registered holders of the ADSs specified therein and in the Deposit Agreement. The descriptions of this Agreement ; and the Deposit Agreement and the ADRs conform in all material respects to the descriptions thereof contained in the Registration Statement, General Disclosure Package and the Final Prospectus is true and accurate in all material respectsPackage.

Authorization of the Deposit Agreement. The Deposit Agreement has been duly authorized, executed and delivered by the Company and and, assuming due authorization, execution and delivery by the Depositary, constitutes a valid and legally binding obligation of the Company, enforceable in accordance with its terms, subject, as to enforceability, to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles. The ADSs, when issued by the Depositary against the deposit of the Offered Shares in respect thereof in accordance with the provisions of the Deposit Agreement, will be duly authorized, validly issued, fully paid and nonassessable, and the persons in whose names such ADSs are registered will be entitled to the rights of registered holders of the ADSs specified therein and in the Deposit Agreement. The descriptions of this Deposit Agreement and the Deposit Agreement ADSs conform in all material respects to the descriptions thereof contained in the Registration Statement, the General Disclosure Package and the Final Prospectus is true and accurate in all material respectsProspectus.