Distacom definition
Examples of Distacom in a sentence
As at the date of this Agreement, the information included in the chart set out in Schedule 12 (Distacom Shareholders) is an accurate representation of the shareholdings in Distacom International Limited, Distacom Communications Limited and Distacom Hong Kong Limited.
In the event that ETH exercises the HMTL Option, or part thereof, ETH shall simultaneously transfer to HTIL or its nominee shares equivalent to the Equal Valuation Stake (or 2/3rds of the Equal Valuation Stake if the HMTL Option is exercised only in respect of Distacom or 1/3rd of the Equal Valuation Stake if the HMTL Option is exercised only in respect of Max India).
Were the Repurchase Mandate to be exercised in full, which is considered to be unlikely in the current circumstances, Distacom would (assuming that there is no change in relevant facts and circumstances) hold approximately 51.3 per cent.
HMTL ETH has the option ("HMTL Option"), if HTIL's joint venture partners (Distacom in ▇▇▇▇▇▇▇▇▇ Telecommunications (India) Limited, Caymans and Max Televentures in HMTL) wish to sell their respective stakes in HMTL, to purchase such stakes from HTIL or have HTIL waive its rights of first refusal, if ETH agrees to purchase direct.
As at the Latest Practicable Date, Distacom Communications Limited ("Distacom") was indirectly interested in 1,380,000,000 Shares which constituted approximately 46.2 per cent.