Common use of LISTING RULES IMPLICATIONS Clause in Contracts

LISTING RULES IMPLICATIONS. Since the highest of the applicable percentage ratios in respect of the amount of the Disposal is over 25% but less than 75%, the entering into of the Disposal constitutes a major transaction of the Company under Chapter 14 of the Listing Rules and is therefore subject to the reporting, announcement and shareholders’ approval requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Disposal Agreement

LISTING RULES IMPLICATIONS. Since the highest As one or more of the applicable percentage ratios under the Listing Rules in respect of the amount of the Disposal is over exceeds 25% but less than are below 75%, the entering into of the Disposal constitutes a major transaction of the Company under Chapter 14 of the Listing Rules and is therefore subject to the reporting, announcement announcement, circular and shareholdersShareholders’ approval requirements under Chapter 14 of the Listing Rulesrequirements.

Appears in 1 contract

Sources: Termination of Agreement

LISTING RULES IMPLICATIONS. Since the highest of the As certain applicable percentage ratios in respect of the amount of ratio for the Disposal under the Listing Rules is over more than 25% but less than 75%, the entering into of the Disposal constitutes a major transaction of for the Company under Chapter 14 Rule 14.08 of the Listing Rules and is therefore subject to the reportingannouncement, announcement reporting and shareholdersShareholders’ approval requirements under Chapter 14 of the Listing Rules. As no Shareholder has a materially different interest in the Disposal, no Shareholder is required to abstain from voting on the resolution to be proposed at the EGM to approve the Disposal.

Appears in 1 contract

Sources: Major Transaction Agreement

LISTING RULES IMPLICATIONS. Since the highest As one or more of the applicable percentage ratios (as defined in respect of the amount Listing Rules) of the Disposal is over 25exceed 5% but are less than 7525%, the entering into of the Disposal constitutes a major discloseable transaction of the Company under Chapter 14 of the Listing Rules and which is therefore subject to the reporting, reporting and announcement and shareholders’ approval requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Option Agreement

LISTING RULES IMPLICATIONS. Since the highest As one of the applicable percentage ratios (calculated in accordance with the Listing Rules) in respect of the amount of the Disposal is over 25exceeds 5% but is less than 7525%, the entering into of the Disposal constitutes a major discloseable transaction of for the Company under Chapter 14 of the Listing Rules and is therefore subject to the reporting, announcement and shareholders’ approval requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Disposal Agreement

LISTING RULES IMPLICATIONS. Since the highest As one or more of the applicable percentage ratios calculated in accordance with the Listing Rules in respect of the amount of Sale and Purchase Agreements and the Disposal is over 25% but less than Disposals in aggregate exceed 75%, the entering into of the Disposal constitutes Disposals collectively constitute a major transaction very substantial disposal of the Company under Chapter 14 of the Listing Rules and which is therefore subject to the reporting, announcement and shareholdersShareholders’ approval requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Sale and Purchase Agreement

LISTING RULES IMPLICATIONS. Since the highest As one or more of the applicable percentage ratios calculated in accordance with the Listing Rules in respect of the amount of Sale and Purchase Agreement and the Disposal is over 25% but less than exceed 75%, the entering into of the Disposal constitutes a major transaction very substantial disposal of the Company under Chapter 14 of the Listing Rules and which is therefore subject to the reporting, announcement and shareholdersShareholders’ approval requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Sale and Purchase Agreement

LISTING RULES IMPLICATIONS. Since the highest As one or more of the applicable percentage ratios (as defined in respect of the amount Listing Rules) of the Disposal is over 25exceed 5% but are less than 7525%, the entering into of the Disposal constitutes a major discloseable transaction of for the Company under Chapter 14 of the Listing Rules and is therefore subject to the reporting, announcement and shareholders’ approval requirements requirement under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Preliminary Agreement

LISTING RULES IMPLICATIONS. Since the highest of the As one or more applicable percentage ratios (as defined in respect of the amount of Listing Rules) for the Disposal is over 25exceed 5% but are less than 7525%, the entering into of the Disposal constitutes a major discloseable transaction of for the Company under Chapter 14 of the Listing Rules and is therefore subject to the reporting, notification and announcement and shareholders’ approval requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Property Transfer Agreement

LISTING RULES IMPLICATIONS. Since the highest As one of the applicable percentage ratios in respect of the amount Disposal under Rule 14.07 of the Disposal Listing Rules is over 25more than 5% but less than 7525%, the entering into of the Disposal constitutes a major discloseable transaction of the Company under Chapter 14 of the Listing Rules and is therefore subject to the reporting, reporting and announcement and shareholders’ approval requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Disposal Agreement

LISTING RULES IMPLICATIONS. Since As the highest of the applicable percentage ratios in respect of the amount ratio of the Disposal is over 25exceeds 5% but is less than 7525%, the entering into of the Disposal constitutes a major constitute discloseable transaction of for the Company under Chapter 14 of the Listing Rules and is therefore subject to the reporting, notification and announcement and shareholders’ approval requirements under Chapter 14 of the Listing Rules of the Listing Rules.

Appears in 1 contract

Sources: Cooperation Agreement

LISTING RULES IMPLICATIONS. Since As the highest of the relevant applicable percentage ratios in respect of the amount of the Disposal is over 25exceed 5% but less than 75do not exceed 25%, the entering into of the Disposal constitutes a major discloseable transaction of the Company under Chapter 14 of the Listing Rules and is therefore subject to the reporting, announcement and shareholders’ approval requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Sale and Purchase Agreement

LISTING RULES IMPLICATIONS. Since the highest of As the applicable percentage ratios as calculated under Rule 14.06 of the Listing Rules in respect of the amount of the Disposal is over 25Deemed Disposals are more than 5% but less than 7525%, the entering into of Deemed Disposals constitute a discloseable transaction on the Disposal constitutes a major transaction part of the Company under Chapter 14 of the Listing Rules and is therefore subject to the reporting, announcement and shareholders’ approval requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Supplemental Agreement

LISTING RULES IMPLICATIONS. Since the highest of the As one applicable percentage ratios ratio in respect of the amount of Disposal under the Disposal is over Listing Rules exceed 25% but all of them are less than 75%, the entering into of the Disposal constitutes a major transaction of for the Company under Chapter 14 of the Listing Rules and is therefore subject to the reporting, announcement and shareholders’ approval requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Provisional Sale and Purchase Agreement

LISTING RULES IMPLICATIONS. Since the highest As one of the applicable percentage ratios (as defined under the Listing Rules) in respect of the amount of the Disposal is over 25exceeds 5% but is less than 7525%, the entering into of the Disposal constitutes a major discloseable transaction of for the Company under Chapter 14 of the Listing Rules and is therefore subject to the reporting, reporting and announcement and shareholdersrequirements but exempt from Shareholders’ approval requirements requirement under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Sale and Purchase Agreement

LISTING RULES IMPLICATIONS. Since the highest As one of the applicable percentage ratios calculated in accordance with Rule 14.07 of the Listing Rules in respect of the amount of the Disposal is over 25exceeds 5% but all of them are less than 7525%, the entering into of the Disposal constitutes a major discloseable transaction of the Company under Chapter 14 of the Listing Rules and is therefore subject to the reporting, reporting and announcement and shareholders’ approval requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Assets Transfer Agreement

LISTING RULES IMPLICATIONS. Since the highest As one of the applicable percentage ratios calculated in accordance with Rule 14.07 of the Listing Rules in respect of the amount of the Disposal is over 25more than 5% but less than 7525%, the entering into of the Disposal constitutes a major discloseable transaction of the Company under Chapter 14 of the Listing Rules and is therefore subject to the reporting, reporting and announcement and shareholders’ approval requirements under Chapter 14 of the Listing Rules.

Appears in 1 contract

Sources: Equity Transfer Agreement