Bidding Price definition

Bidding Price means the price which a Bidder is willing to pay for the Goods and/or Lots, which price shall be evidenced by the Bid made on the Goods and/or Lots as shown on the Auction Platform;
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Bidding Price means the sum named in or calculated in accordance with the provisions of the contract as the bidding price.
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Examples of Bidding Price in a sentence

  • Based on the aforesaid, the Directors consider the Proposed Acquisition is in the interest of the Company and the Shareholders as a whole and that the terms of the Proposed Acquisition (including the Ceiling Bidding Price) are fair and reasonable.

  • Further details of the Ceiling Bidding Price and the valuation report will be included in the circular of the Company to be despatched to Shareholders in due course.

  • The Company will issue further announcement when the Ceiling Bidding Price is revised or finalised.

  • The Proposed Acquisition, having taken into account the Ceiling Bidding Price, constitutes a possible very substantial acquisition for the Company under Chapter 14 of the Listing Rules, which requires the approval of the Shareholders at the SGM.