Examples of ISP Business in a sentence
USE OF PROCEEDS The net proceeds from the Disposal of approximately HK$532 million (after deducting expenses and related taxes) is intended to be used as follows: (i) approximately HK$180 million, representing approximately 33.8% of the net proceeds, will be used for the purchase of surety bonds or as cash deposits to fulfil funding and/or tendering requirements for potential and existing construction projects underlying the ISP Business.
In addition, part of the proceeds from the Disposal is proposed to be deployed towards further strengthening the Remaining Group’s competitive advantage with extra cash for the purchase of surety bonds and payment of upfront cost, which will enable the Remaining Group to tender for larger and/or more projects which in turn can contribute to increase in tender success rate and facilitate the expansion of the ISP Business.
When compared to the corresponding period in the last year, the ISP Business recorded increases in revenue and operating result of approximately 24.2% and approximately 98.6% for six months ended 30 June 2021, respectively.
The Directors expect that above plan could also create substantial potential engagement opportunities for the ISP Business in the long run.
Further to the disruption caused by the one-off social unrest and epidemic incidents in 2019 and 2020, respectively, the operation of the ISP Business has significantly improved after recovery of economy and implementation of cost control measures in 2021.
The Group is principally engaged in the provision of PFM Business and ISP Business in Hong Kong, the PRC and Macau.The PurchaserThe Purchaser is a wholly-owned subsidiary of China Resources Property Management Limited which is an independent third party to the Company in respect of the Disposal.
Consultant shall provide auto liability coverage for owned, non-owned, and hired autos using ISP Business Auto Coverage form CA 00 01 (or equivalent) with a limit of no less than two million dollars ($2,000,000) per accident.
On November 15, 2002, a new policy document titled “Management Regulations about ISP Business Sites,” was issued by the State Council.
The Business Office shall scan the revised Predeprivation Notice to ISP Business Office.
All rates for residential services shall be published and nondiscriminatory although discounts may be made available to Senior Citizens.