Examples of Beijing SASAC in a sentence
Beijing SASAC is the ultimate beneficial owner of Xxxx Xxx Xxxx Holdings.
Beijing SASAC is the ultimate beneficial owner of Tong Ren Tang Holdings.
The ultimate actual controller of Capital Securities is Beijing SASAC.
BEHL is an indirect controlling Shareholder and the ultimate holding company of the Company is BEGCL, which is a state-owned enterprise established in the PRC and is wholly-owned by the Beijing SASAC.
The Company intended to dispose its 100% interests in Jingcheng Compressor by using the valuation of net assets of Jingcheng Compressor which has been approved by Beijing SASAC as the tender price.
BEET is presumed to be acting in concert with the Offeror for the purpose of the Takeovers Code as it is ultimately owned and controlled by Beijing SASAC.
On 26 February 2018, Beijing SASAC approved the valuation results of the assets contributed by the Company and Jidong Cement in relation to the establishment of the joint venture, and the valuation results of the assets were in line with those as set out in the relevant resolutions considered and passed by the Board of the Company and the relevant agreements signed by the Company.
The Asset Transfer Agreements shall become established after signing andsealing between the Company and Tong Ren Tang Holdings and shall become effective on the day of approval of shareholders’ at general meeting after the approval of Beijing SASAC.
On 6 July 2009, our Parent received written confirmation from the Beijing SASAC indicating that the Beijing SASAC has agreed in principle that our Parent may transfer the Entrusted Equity Interests pursuant to a share transfer agreement between our Parent and our Company.
The Central Government, through regulation and rules issued and enforced by SASAC (e.g., “Interim regulations on the administration of top executive pay” (Beijing SASAC, 2004)), encourages and monitors the use of performance-based incentives in the SOEs.