CCHK definition
Examples of CCHK in a sentence
CCHG is the holding company of CCHK which owns the entire issued share capital of World Gain Holdings Limited, a controlling Shareholder.
Also on 29 March 2016, Chengtong Development Trading and CCHK entered into the Indemnity Deed, the major terms of which are set out below.
Subject to Chengtong Development Trading having obtained a counter-indemnity from CCHK and having entered into the Indemnity Deed with CCHK, the Company agreed to procure Chengtong Development Trading to issue the Guarantee Letter and use the Relevant Properties to provide the Guarantee to the extent of the Guaranteed Amount in support of the Property Preservation Order.
On 26 July 2011, the Company and CCHK entered into the Hong Kong Loan Agreement, the major terms of which are set out below.
As the principal amount of HK$35,000,000 is exchanged from RMB to Hong Kong dollars by the Company on the date of drawdown, CCHK has agreed to top-up any exchange loss on the principal amount that the Company may incur based on the exchange rate on the date of repayment.
CCHG, through CCHK, holds the entire issued share capital of World Gain.
Since each of Chengtong Coal Investment and CCHK is a connected person of the Company, the entering into of the Guarantee Agreement and the Indemnity Deed by the Company and Chengtong Development Trading respectively constitutes a connected transaction of the Company under Chapter 14A of the Listing Rules.
This Agreement shall be binding upon and inure to the benefit of CCC and CCHK and their respective successors and assigns.
All agreements contained herein are for the benefit of CCC, CCHK and HSBC, as third party beneficiary, and there is no other person or entity intended to be benefited, in any way, by this Agreement.
During the Temporary Assignment, housing and all utilities will be provided by CCHK at its expense.