Reasons for entering into the Services Framework Agreement Sample Clauses

Reasons for entering into the Services Framework Agreement. The Directors consider that the entering into of the Services Framework Agreement will broaden the revenue base of the Enlarged Group. Given the close proximity of the respective operations of the Enlarged Group and the Parent Company and its subsidiaries, the Services Framework Agreement will also enable convenient and cost-efficient sharing of the various services under that agreement between the Enlarged Group and the Parent Company and its subsidiaries.