Deposit Services. As the relevant percentage ratios in respect of the provision of the Deposit Services exceed 5%, the provision of the Deposit Services is subject to the reporting, annual review, announcement and independent Shareholders’ approval requirements under Chapter 14A of the Listing Rules. Further, as the relevant percentage ratios in respect of the provision of the Deposit Services exceed 25% but are less than 100%, the provision of the Deposit Services also constitutes a major transaction for the Company under Chapter 14 of the Listing Rules and is subject to the notification, announcement and Shareholders’ approval requirements under Chapter 14 of the Listing Rules.
Appears in 1 contract
Sources: Financial Services Agreement
Deposit Services. As the relevant percentage ratios in In respect of the provision deposit services to be provided by Datang Finance to the Group, as one or more of the Deposit Services exceed percentage ratio(s) applicable to the deposit services are more than 5%, the provision of the Deposit Services deposit services is subject to the reporting, announcement, annual review, announcement review and independent Independent Shareholders’ approval requirements under as set out in Chapter 14A of the Listing Rules. FurtherThe Company will disclose the relevant details in the annual report published in the next year and accounts of the Company in accordance with the relevant requirements as set out in Rule 14A.71 of the Listing Rules. In addition, as the relevant percentage ratios in respect one or more of the provision of percentage ratio(s) applicable to the Deposit Services exceed deposit services are more than 25% but are less than 10075%, the provision of the Deposit Services also deposit services constitutes a major transaction for of the Company under Chapter 14 of the Listing Rules and is subject to the notificationrequirements of reporting, announcement and Shareholders’ approval requirements under Chapter 14 of the Listing Rules.
Appears in 1 contract
Sources: Financial Services Agreement
Deposit Services. As the relevant percentage ratios in respect each of the provision percentage ratio(s) (as defined in Rule 14.07 of the Listing Rules) applicable to the Deposit Services exceed is more than 5%, the provision of the Deposit Services is subject to the reporting, annual review, announcement announcement, and independent Shareholdersshareholders’ approval requirements under Chapter 14A of the Listing Rules. Further, as The Company will disclose relevant details in the annual report and accounts of the Company to be published in the next year pursuant to the relevant percentage ratios in respect of the provision of the Deposit Services exceed 25% but are less than 100%, the provision of the Deposit Services also constitutes a major transaction for the Company under Chapter 14 of the Listing Rules and is subject to the notification, announcement and Shareholders’ approval requirements under Chapter 14 Rule 14A.71 of the Listing Rules.
Appears in 1 contract
Sources: Financial Services Agreement