KPL Group definition

KPL Group means ▇▇▇▇▇ Properties Limited and its subsidiaries
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Examples of KPL Group in a sentence

  • The KPL Group is principally engaged in (i) property development, investment and management in Hong Kong, PRC and the Asia Pacific region; (ii) logistics, freight and warehouse ownership and operations; (iii) infrastructure-related investment in Hong Kong and PRC; and (iv) hotel ownership in Hong Kong, and hotel ownership and operations in PRC.

  • As a result, the KPL Group and the SA Group currently hold 51% interest and 49% interest, respectively, in Company 1, the only company now responsible for the development of the Project.

  • As at the date of this announcement, the KPL Group and the SA Group have acquired from Party A the latter's then interest in the Project, as a result of which the KPL Group and the SA Group became interested in the Joint Venture Companies as to 51% and 49%, respectively.

  • In the event that the KPL Group and the SA Group should have acquired the 1% interest in the Project from Party A, the Old Maximum Total Commitment to be shared by each of KPL and SA (51%/49%) in respect of the Project would be US$357,000,000 and US$343,000,000 respectively.

  • The KPL Group is principally engaged in (i) property development, investment and management in Hong Kong, the PRC and the Asia Pacific region; (ii) logistics, freight and warehouse ownership and operations; and (iii) hotel ownership in Hong Kong, and hotel ownership and operations in the PRC.

  • The KPL Directors (including the independent non-executive KPL Directors) take the view that the entering into of the Hotel Management Agreement is in the ordinary and usual course of business of the KPL Group and believe that the terms of the Hotel Management Agreement are on normal commercial terms and are fair and reasonable and in the interests of KPL and its shareholders as a whole.

  • Company 1 has been treated as a 51%-owned subsidiary of KPL and its accounts have been consolidated into the financial statements of the KPL Group, whereas SA has treated Company 1 as a 49%-owned associated company in its financial statements.