Examples of HK$ in a sentence
Accordingly, the provision of the guarantee constitutes a connected transaction of the Company under Chapter 14A of the Listing Rules but it is fully exempt pursuant to Rule 14A.89 of the Listing Rules given that it is conducted on normal commercial terms or better and in proportion to the equity interest directly held by APT (HK) in the Joint Venture and is given on a several basis.
PROVISION OF GUARANTEE On 20 March 2024, APT (HK), a wholly-owned subsidiary of the Company, entered into a guarantee agreement in favour of the Bank to provide guarantee for the buyer credit loan in the principal amount of US$116,900,000 (or its equivalent in RMB) made available by the Bank to the Joint Venture (in which the APT (HK) holds 20% of the equity interest).
The Series Seed Investor has purchased from the Company, and the Company has sold to the Series Seed Investor, certain Series Seed Preferred Shares of the Company on the terms and conditions set forth in the share purchase agreement dated January 22, 2020 by and among the Company, the HK Company, the Domestic Company, the Key Parties, the Founder Holdcos and the Series Seed Investor (the “Series Seed Share Purchase Agreement”).
The Directors and Company Secretaries of CPMFHK are: Directors Xxxxxxx Xxxx Xxxxxx Xxxxxxxxxxx Xxxxx Xxxxxxx Xxx Xxxx Xxxx Company Secretaries Xxxxxx Xxx and Xxxx Xxxxx & Sons (H.K.) Limited The business address of Xxxxxxx Xxxx Xxxxxx, Xxxxxxxxxxx Xxxxx Xxxxxxx and Xxx Xxxx Xxxx is 33rd Floor, Xxx Xxxxxxx Xxxxx, 00 Xxxxxxxxx, Xxxx Xxxx.
For the purpose of this announcement, translation of RMB into HK$ is based on the exchange rate of RMB1 = HK$1.07.