CIMC definition
Examples of CIMC in a sentence
CIMC is principally engaged in the container manufacturing and service business, road transportation vehicle business, energy, chemical and food equipment business, offshore engineering business and airport facilities equipment business.
We hereby agree that CIMC, Inc., subject to the limitations and delegations hereinafter provided, shall serve as the Administrative Unit to this Consortium.
We further agree that the grant agreement with DOL shall be signed by the Chairman of the CIMC Board.
We agree to convene and elect an official body to represent the Consortium, which shall be the CIMC Board and which shall have the powers granted to it by this Agreement.
CIMC Finance is principally engaged in the provision of financial services to fellow subsidiaries of CIMC.
The fact that an expenditure is both necessary and not explicitly prohibited by law and program regulations is only part of the criteria that must be met for it to be considered an allowable CDBG expense.
We, as individual members of the Consortium, reserve the entire Consortium all powers, functions, and responsibilities not specifically granted to the CIMC Board or the Administrative Unit.
As CIMC Finance is a non-wholly owned subsidiary of CIMC, it is an associate of CIMC and thus a connected person of the Company under the Listing Rules.
As at the date of this announcement, CIMC is a controlling shareholder of the Company indirectly holding approximately 67.60% of the Shares and is therefore a connected person of the Company.
CIMC is a public company incorporated in South Australia, Australia on 8 August 2008.