Examples of Capital Injection Agreement in a sentence
As such, the transaction contemplated under the Xinjiang New Energy Capital Injection Agreement constitutes a Deemed Disposal of the Company under Chapter 14 of the Listing Rules.
In addition, the Capital Injection Agreement and the Shareholders Agreement may be terminated in certain circumstances.
The Additional Capital Injection pursuant to the Capital Injection Agreement therefore constitutes a connected transaction of the Company under the Listing Rules and is subject to the reporting, announcement and Independent Shareholders’ approval requirements.
On 21 June 2018, the Group entered into the Capital Injection Agreement to further inject RMB4.54 million in cash into Ewan.
Upon completion of the Capital Injection Agreement on 3 September 2018, the Group’s equity interests in Ewan decreased from 4.54% to 4.34%.
The Directors believe that the transactions contemplated under the Capital Injection Agreement will effectively capture such potential market by injecting more funds for enhancing the production capacity and efficiency of Tian Fa Equipment in the future.
As the investor to the Second Capital Injection Agreement is the same investor to the First Capital Injection Agreement, the respective transactions contemplated under the Second Capital Injection Agreement and the First Capital Injections Agreement shall be aggregated pursuant to Rules 14.22 and 14.23 of the Listing Rules.
As one or more applicable percentage ratios calculated pursuant to Rule 14.07 of the Listing Rules in respect of Deemed Disposal exceed 5% but are less than 25%, the Second Capital Injection Agreement constitute a discloseable transaction of the Company and is subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules.
The Company has on December 27, 2013 entered in the Capital Injection Agreement (the “Agreement”) with SINOMACH, a controlling shareholder of the Company and Apparatus Institute, a wholly-owned subsidiary of SINOMACH, pursuant to which the Company will inject a total of RMB105,400,722 (the “Capital Increase Amount”) into Apparatus Institute by way of capital increase in cash.
Given that the exercise of the Repurchase Option is not at the discretion of the Company, the transaction contemplated under the Capital Injection Agreement shall be deemed as if the Repurchase Option had been exercised pursuant to the Listing Rules.