Examples of GM Shares in a sentence
Warning of the risk of dealings in the Subscriber Shares and the GM Shares The GM Shareholders, the Subscriber Shareholders and potential investors should note that completion of the Subscription is subject to the fulfillment of a number of conditions set out in the paragraph headed “Conditions Precedent” under the section headed “Principal terms of the Subscription Agreement” in this joint announcement and therefore, the Subscription may or may not proceed.
Charm City Developments Limited acquired the 153,936,000 GM Shares from Mr. Mung Kin Keung in June 2015.
To the best knowledge of the GM Directors, there are no relationships and any side agreements, arrangements, understandings or undertakings with respect to the 153,936,000 GM Shares between Mr. Mung Kin Keung and Charm City Developments Limited with its associates.
The Subscriber Directors consider that the strategic actions being taken by Global Mastermind to diversify its businesses into financial services will improve its profitability and such improvement will ultimately be reflected in the share price performance of the GM Shares.
Credits for Religious H.S.A. earnings will be sent via ACH to locations.
To the best of GM Director’s knowledge, as at the date of this joint announcement, the Subscriber and its associates do not hold any GM Shares and none of the GM Shareholders has material interest in the transactions contemplated under the Subscription Agreement.
If this Resolution 9 is not passed, the Company will not be able to proceed with the issue of any GM Shares to Dr Morstyn at this time and has no commitment to Dr Morstyn to provide any compensation if this Resolution 9 is not passed.
The GM Shares were issued under the 15% annual limit permitted by Listing Rule 7.1 without the need for Shareholder approval.
GM also understands that the GM Shares are being and the Exchange Shares will be offered and issued pursuant to an exemption from registration contained in the Securities Act based in part upon GM's representations contained in this Agreement, and that Commerce One is relying upon the truth and accuracy of GM's representations, warranties, acknowledgements and understandings with respect to material facts set forth herein.
The Company may take security over the GM Shares (and will impose a holding lock) pending repayment of the Loan.