INFORMATION ON NITGEN Clause Samples

The 'INFORMATION ON NITGEN' clause serves to provide factual and relevant details about the company Nitgen. Typically, this clause outlines key information such as the company's legal status, business activities, registered address, and any pertinent background necessary for understanding its role in the agreement. By including this information, the clause ensures that all parties have a clear and accurate understanding of Nitgen's identity and capabilities, thereby reducing confusion and supporting informed decision-making throughout the contractual relationship.
INFORMATION ON NITGEN. Nitgen is a company incorporated in Korea whose commons shares are listed on KOSDAQ and the Nitgen Group is principally engaged in the provision of biometric solutions. The Nitgen Group provides biometric technology with embedded module, fingerprint scanner, PC peripheral device and fingerprint server certification. As at the date of this announcement, ▇▇▇▇▇▇ is owned as to approximately 20.28% by the Group. The audited financial information of Nitgen (which were prepared in accordance with financial accounting standards generally accepted in Korea) for the two years ended 31 December 2011 are set out below: Turnover 10,538.7 72.2 12,168.4 83.3 Profit/(Loss) before tax (2,568.7) (17.6) 1,017.8 7.0 Profit/(Loss) after tax (2,783.6) (19.1) 1,662.9 11.4 As at 31 December 2011, the Nitgen Group had audited net assets of approximately KRW17.17 billion (equivalent to approximately HK$117.63 million) respectively.
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INFORMATION ON NITGEN. 2.1 Nitgen (together with its subsidiaries, the “Nitgen Group”) is a company incorporated in Korea whose commons shares are listed on KOSDAQ and the Nitgen Group is principally engaged in the provision of biometric solutions. The Nitgen Group provides biometric technology with embedded module, fingerprint scanner, PC peripheral device and fingerprint server certification. As at the date of this announcement, ▇▇▇▇▇▇ is owned as to approximately 20.28% by NCC. Under a separate agreement entered into between NCC and Nitgen, NCC will subscribe (the “Additional Subscription”) for an additional 12,264,086 Nitgen Shares so that NCC will own approximately 40.79% of the share capital of Nitgen as enlarged by the Additional Subscription. Completion of the Additional Subscription is expected to take place prior to completion of the Investment Agreement. As at the date of this announcement, there is in issue certain bonds (the “Existing Bonds”) of Nitgen due on 31 July 2015 held by an independent third party convertible into ▇▇▇▇▇▇ ▇▇▇▇▇▇ representing approximately 19.78% of the existing share capital of Nitgen as enlarged by issue of conversion shares upon the full conversion of such bonds (assuming no other change to the existing share capital of Nitgen). Based on the shareholding structure of Nitgen as enlarged by the Additional Subscription and assuming the completion of the Investment Agreement, the following table represents (i) the shareholding of SHK in Nitgen immediately after the completion of the Investment Agreement; and (ii) the shareholding of SHK in Nitgen after the completion of the Investment Agreement and assuming full conversion of the Convertible Bonds at the initial Conversion Price and full conversion of the Existing Bonds at the initial conversion price under the terms and conditions of the Existing Bonds: NCC 19,444,011 40.79 25,444,011 35.94 38,119,773 34.68 Sound Hong Kong 0 0 17,136,230 24.20 34,837,233 31.70 Other Shareholders 28,220,391 59.21 28,220,391 39.86 36,947,361 33.62 Total 47,664,402 100 70,800,632 100 109,904,367 100 2.2 Based on published audited financial information of Nitgen (which were prepared in accordance with financial accounting standards generally accepted in Korea), the results of Nitgen for the two years ended 31 December 2011 is set out below: For the year ended 31 December 2010 KRW (million) HK$ (million) KRW (million) HK$ (million) Turnover 10,538.7 72.2 12,168.4 83.3 Profit/(Loss) before tax (2,568.7) (17.6) 1,01...
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Related to INFORMATION ON NITGEN

  • Information on Company The Subscriber has been furnished with or has obtained from the ▇▇▇▇▇ Website of the Securities and Exchange Commission (the “Commission”) the Company's Form 10-KSB for the year ended December 31, 2003 as filed with the Commission, together with all subsequently filed Forms 10-QSB, 8-K, and filings made with the Commission available at the ▇▇▇▇▇ website (hereinafter referred to collectively as the "Reports"). In addition, the Subscriber has received in writing from the Company such other information concerning its operations, financial condition and other matters as the Subscriber has requested in writing (such other information is collectively, the "Other Written Information"), and considered all factors the Subscriber deems material in deciding on the advisability of investing in the Securities.

  • Information on Postings Such notice shall contain the following information: Nature of position, qualifications, required knowledge and education or equivalent experience that would be acceptable to the Employer, skills, shift, wage or salary rate or range. Such qualifications shall not be established in an arbitrary or discriminatory manner.

  • Information on Subscriber The Subscriber is, and will be at the time of the conversion of the Notes and exercise of the Warrants, an "accredited investor", as such term is defined in Regulation D promulgated by the Commission under the 1933 Act, is experienced in investments and business matters, has made investments of a speculative nature and has purchased securities of United States publicly-owned companies in private placements in the past and, with its representatives, has such knowledge and experience in financial, tax and other business matters as to enable the Subscriber to utilize the information made available by the Company to evaluate the merits and risks of and to make an informed investment decision with respect to the proposed purchase, which represents a speculative investment. The Subscriber has the authority and is duly and legally qualified to purchase and own the Securities. The Subscriber is able to bear the risk of such investment for an indefinite period and to afford a complete loss thereof. The information set forth on the signature page hereto regarding the Subscriber is accurate.

  • INFORMATION ON THE PARTIES The Company

  • Cooperation on Safety The Employer and Union will cooperate in continuing and perfecting regulations which will afford adequate protection to employees engaged in hazardous areas.