Examples of Emperor E Hotel in a sentence
The Acquisition is therefore subject to the reporting and announcement requirements under Chapter 14A of the Listing Rules but is exempt from the circular, independent financial advice and shareholders’ approval requirements for each of Emperor International and Emperor E Hotel pursuant to Rule 14A.101 of the Listing Rules.
As such, under Chapter 14A of the Listing Rules, each of Emperor International and Emperor E Hotel is a deemed connected person of the Company and accordingly, the transactions contemplated under the 2020 MLAs constitute continuing connected transactions of the Company.
Immediately after Completion, the Target Company will become a non-wholly owned subsidiary of Emperor E Hotel; on the other hand, the Target Company will become a non-wholly owned subsidiary of Emperor International (through its shareholdings in Emperor E Hotel).
As at the date of this announcement, the Company, Emperor International and Emperor E Hotel are all indirectly controlled by the respective private discretionary trusts which were all set up by Dr. Xxxxxx Xxxxx, who is the deemed substantial shareholder of the Company.
General terms of the Master Leasing Agreements The relevant members of the Group and the relevant members of Emperor International Group (including Emperor E Hotel Group) may from time to time enter into Definitive Leasing Agreement(s) in relation to any Tenancy Transaction upon, and subject to, the terms and conditions in compliance with the Master Leasing Agreements.
The energy produc- tion potential required to do so is already available.
The validity of an amendment to the Company’s Articles of Association requires a resolution of general shareholders’ meeting, taken by 3/4 majority of vote - article 415 of Code of Commercial Companies (resolution on important change of scope of activities requires a resolution taken by majority of 2/3 votes cast – art.
With the upcoming expiration of the 2018 MLAs, entering into the 2020 MLAs will continue to govern the Tenancy Transactions between the Group and Emperor International Group (including Emperor E Hotel Group), and also serve to streamline the relevant process of reporting, announcement and Shareholders’ approval, if necessary, whenever there is new tenancy or renewal of the Tenancy Transactions between the Group and Emperor International Group (including Emperor E Hotel Group).
As of the date of this Agreement there are 10,625,000 Purchaser Shares, including units issued pursuant to the First Financings, and no preferred shares issued and outstanding, all of which are fully paid and non-assessable.
On 8 October 2018, Emperor E Hotel made an acquisition of 15% equity interest in Luck United Holding Limited (“Luck United”), a non wholly-owned subsidiary of the Company, and the relevant shareholder’s loan from a substantial shareholder of Luck United at a cash consideration of HK$460,000,000.