FINANCIAL EFFECT Clause Samples
FINANCIAL EFFECT. The consideration for the subscription of S$1,456,000, representing 52% of the total issued and paid-up capital of the JVCO will be funded through internal resources and paid in cash. As the JVCO will be a newly incorporated entity, no valuation was conducted and the Transaction is not expected to have any material impact on the Company’s net tangible assets per share and consolidated earnings per share for the current financial year.
FINANCIAL EFFECT. The transaction is not expected to have any material effect on the earnings, net assets per share, gearing, share capital and substantial shareholding of the Company for the financial year ending 31 December 2011.
FINANCIAL EFFECT. The SA is not expected to have any effect on the issued share and substantial shareholders’ shareholdings of the Company as it does not involve the issuance of any new ordinary shares in the Company. The SA is not expected to have any material impact on the Company’s earnings per share, net assets and gearing for the current financial year ending 31 December 2023. However, it is expected to contribute positively to the future earnings of the Company.
FINANCIAL EFFECT. 5.1 Issued and Paid-up Share Capital, net assets and gearing
5.2 Earnings and earnings per share
FINANCIAL EFFECT. Based solely on the total assets value less third party payables attributable to the disposal of the Operators as of 30 June 2019 with the amount of approximately RMB521.3 million, the inter-company loans and inter-company transactions of RMB383.9 million and RMB17.6 million, respectively, between the Operators and other subsidiaries of the Company, and the Consideration under the Sales and Purchase Agreement in the amount of HK$834,848,000 together with the adjustments in consideration pursuant to the Sales and Purchase Agreement. The Company would record an unaudited estimated loss of approximately RMB54.2 million before taxation from the disposal of the Operators. 新疆興業新能源有限公司 (Xinjiang Singyes Renewable Energy Company Limited*) is currently a wholly-owned subsidiary of the Vendor and will be a wholly-owned subsidiary of the WFOE after the Sales Group Restructuring. It is principally engaged in the business of development and technical consultation relating to solar power, design of solar power systems, specific investments of solar power projects. 武威東潤太陽能開發有限公司 (Wuwei Dongrun Solar Energy Development Company Limited*) is currently a wholly-owned subsidiary of the Vendor and will be a wholly-owned subsidiary of the WFOE after the Sales Group Restructuring. It is principally engaged in the business of development, construction, production, sales and operations of solar power. Details of the Solar Assets are set out as follows: First Phase of the Photovoltaic Solar Energy Power Plant owned by the Xinjiang Operator Second Phase of the Photovoltaic Solar Energy Power Plant owned by the Xinjiang Operator Solar Assets owned by the Wuwei Operator Status In operation In operation In operation Location 新疆塔里木墾區 農二師33團場(Field of Division 33, the Second Agricultural Tour, Muken District, Talimu, Xinjiang*) 新疆塔里木墾區 農二師33團場(Field of Division 33, the Second Agricultural Tour, Muken District, Talimu, Xinjiang*) 武威金太陽新能源高新技術集中區2區(District 2, Wuweijin Solar Energy High Technology Focus Area*) Period of Operation From October 2014 From May 2016 From October 2014 Installed Production Capacity 30 megawatt 20 megawatt 50 megawatt Annual Power Production Capacity 30,000,000 kilowatt hour 2,000,000 kilowatt hour 50,000,000 kilowatt hour As at the date of this announcement, the Group is principally engaged in the design, fabrication and installation of conventional curtain walls and building integrated photovoltaic BIPV systems, and the development and operation of solar project...
FINANCIAL EFFECT. The “En-Bloc” sale is expected to contribute positively to the Group revenue and earnings for the financial years ending 31 December 2014 and 2015.
FINANCIAL EFFECT. The entry into the Lease Agreement is not expected to have any material impact on the net tangible assets per share and earnings per share of the Group for the current financial year ending 31 December 2020.
FINANCIAL EFFECT. The CA is not expected to have any effect on the issued share and substantial shareholders’ shareholdings of the Company as it does not involve the issuance of any new ordinary shares in the Company. The CA is not expected to have any material immediate impact on the Company’s earnings per share, net assets and gearing for the financial year ending 31 December 2024.
FINANCIAL EFFECT. 3.1 Issued share capital and substantial shareholders’ shareholdings
3.2 Net assets (“NA”), NA per share and gearing
3.3 Earnings and earnings per share (“EPS”)
FINANCIAL EFFECT. The Cooperative Agreement is not expected to have any effect on the issued share and substantial shareholders’ shareholdings of the Company as it does not involve the issuance of any new ordinary shares in the Company. The Cooperative Agreement is not expected to have any material impact on the Company’s earnings per share, net assets and gearing for the current financial year ending 31 December 2021. However, it is expected to contribute positively to the future earnings of the Company.
