Examples of Ellipsiz in a sentence
David Lum Kok Seng indirectly holds 60.28% of the issued shares of Ellipsiz Ltd, a company in which his sons, Kelvin Lum Wen Sum and Adrian Lum Wen Hong, are directors.
Mr. David Lum Kok Seng is deemed interested in the Shares held by Beverian, RMDV and Ellipsiz Ltd by virtue of his substantial interests in these companies.
Raymond Lum Kwan Sung, David Lum Kok Seng, RMDV, LCI, Beverian, Ellipsiz Ltd, Edlyn Lum Wen Ee, Emlyn Lum Wen Yan and Adrian Lum Wen Hong (collectively, “Lum and company”) are presumed to be parties acting in concert in relation to the Company in respect of their combined direct and deemed holdings of approximately 79.20% of the issued Shares.
Includes 72,211,400 Shares beneficially owned by Beverian, 123,803,290 Shares beneficially owned by RMDV and 13,755,922 Shares beneficially owned by Ellipsiz Ltd.
Ltd., which in turn holds 60.11% of the issued share capital of Ellipsiz Ltd.
With reference to the Group’s announcement on 9 October 2019, the Group entered into a Shareholder’s Agreement with Cyan Bay Pte Ltd, a unit of Ellipsiz Ltd, in relation to PT Super Makmur Sejahtera (PT Super) to undertake property investment in Bintan.
Ellipsiz is considered a related party to the Company by virtue of common controlling shareholder and directors in the two companies.
Mr Kelvin Lum is the Executive Director and Chief Executive Officer of Ellipsiz, and is also a Non-Independent Non-Executive Director of the Company.
After trading hours on 13 May 2019 (“Offer Announcement Date”), Hong Leong Finance Limited ("Hong Leong Finance") announced (“Offer Announcement”), for and on behalf of UMS Holdings Limited (“Offeror” or “UMS”) that, the Offeror had via a married deal acquired 43,841,202 ordinary shares of the Company (“Shares”) from Ellipsiz Ltd (“Acquisition”), representing 10.9% of the issued share capital of the Company.
D-2 On 25 September 2020, Ellipsiz DSS Pte Ltd (“EDSS”), a wholly-owned subsidiary of the Company acquired all the shares representing 50% interest in EllipTech Solutions Pte Ltd (“EllipTech”) held by its joint venture partner for a consideration of $1.