FIAL definition

FIAL means Forefront International Automotive Limited, a company incorporated in the British Virgin Islands together with its branch office in Taiwan
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FIAL. Forefront International Automotive Limited, a company incorporated in the British Virgin Islands with limited liability and being a wholly-owned subsidiary of the Company;
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Examples of FIAL in a sentence

  • Neither the New Board nor FIAL have been provided with any supporting documentation in relation to the termination or granting of such new leases and / or sub-leases.

  • Interest shall not accrue on the Loan, or any portion thereof, for the day on which the Loan or such portion is paid in accordance with Section 2.6.

  • FIAL Taiwan continues to confront obstacles in taking control of the Group’s Taiwan operations, examples of which include: • The relocation by FAI of FIAL Taiwan’s finance and administration personnel from FIAL Taiwan’s premises to FAI’s premises.

  • The New Board is concerned that FAI is acting beyond the scope of its existing arrangements with FIAL Taiwan and instead of merely assembling Scania Products and supplying them to FIAL Taiwan, FAI is also distributing and servicing such vehicles directly and thereby infringing on the exclusive right to distribute and service such vehicles granted by Scania to FIAL Taiwan.

  • The New Board is of the view that the existing arrangements between FIAL Taiwan and FAI are prejudicial to the interests of FIAL Taiwan and the Group.

  • The Group’s representatives have been prevented from contacting FIAL Taiwan’s former finance and administration personnel; • Lack of access to the books and records of the Group’s Taiwanese subsidiaries (as noted in the Company’s 2004 Annual Report); • The transfer of employment contracts of all FIAL Taiwan’s personnel to Infinix.

  • Having conducted initial investigations the New Board has formed a preliminary view that the Disposal was completed at undervalue and that subsequent arrangements entered into between FIAL Taiwan and FAI on 20 July 2004, pursuant to which FAI was granted the right to assemble Scania Products in Taiwan for supply to FIAL Taiwan, are uncommercial.

  • RSM ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ has been advised by FAI and ▇▇▇▇▇▇▇’s legal advisors that on 1 October 2004 FAI entered into head-lease agreements directly with the landlords of such premises and sub-leased the relevant premises to FIAL Taiwan.