The Valuation. Experts will be instructed to determine the fair value of the Business by determining the fair market value of the Business as if sold as a going concern, as between a willing buyer and a willing seller not under a compulsion to buy or sell in an arm’s-length transaction, taking into account all relevant factors, and using such methods as the Valuation Experts deem appropriate, subject to the specific instructions set forth in Schedule 26.
The Valuation. The Waterfront Central Valuation shall be a valuation in accordance with the Valuation Brief, as at the Valuation Date, of the Waterfront Central Site and in accordance with clauses 21.3 and 21.4 as applicable and the Council confirms that the Waterfront Central Valuation is satisfactory for the purpose of determining that the sale of the Brighton Centre falls within the provision of the Local Government Xxx 0000: General Disposal Consent 2003.
The Valuation. The Group engaged China Alliance, an independent asset valuation company established in the PRC to assess and determine the Valuation, being the market value of the entire interest in the Target Company as at 30 June 2022. The Valuation has been undertaken on the basis of market value under the premises of going concern. Market value refers to the estimated value of the valuation subject in normal and fair transactions on the valuation benchmark date when the willing buyer and the willing seller act rationally and without any coercion and going concern refers to the fact that the operation activities of the valuation subject will continue at its current state and will not undergo material changes in the foreseeable future. Pursuant to the Valuation Report dated 10 October 2022 prepared by China Alliance, China Alliance considered the (i) income approach and (ii) market approach in assessing the Valuation. The income approach refers to the approach in which the expected income of the valuation subject shall be capitalized or discounted so as to determine the value of the valuation subject. The market approach refers to the approach in which the valuation subject shall be compared with comparable listed companies or comparable transactions so as to determine the value of the valuation subject. Given that the Valuation adopted, among others, income approach involving the use of discounted cash flows, the Valuation constitutes a profit forecast under Rule 14.61 of the Listing Rules. Pursuant to the Valuation Report, details of the principal assumptions including commercial assumptions are set out as follows:
The Valuation. The Independent Accountant shall evaluate Corporation and LLC (the "Valuation") as follows:
The Valuation. 1.1 Immediately upon signing of this agreement, BGI will contract with an appraiser to perform a valuation of BSD (the "valuation").
