Labour Services definition
Examples of Labour Services in a sentence
Limited Liability Company PRC ▇▇▇▇▇ ▇▇▇▇, ▇/▇, ▇▇.▇▇▇ ▇▇▇ ▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ Beijing Smart Brand Sunshine Labour Services Co., Ltd.
The Authority placed a contract notice (Ref: 2011/S 94-154492) on 12th May 2011 in the Official Journal of the European Union seeking expressions of interest from potential providers for the provision of Secure Building Resource Labour Services (divided into lots) by contractors under a Framework Agreement.
This Framework Agreement sets out the ordering procedure for purchasing the Contingent Labour Services which may be required by Contracting Bodies, the main terms and conditions for any Call-Off Agreement which Contracting Bodies may conclude and the obligations of the Service Provider during and after the Term of this Framework Agreement.
For the Labour Services Framework Agreements, considering: (i) Luxshare Precision is ultimately controlled by ▇▇.
As such, the transaction contemplated under the 2024 Machinery Purchase Agreement constitutes a connected transaction of the Company under Chapter 14A of the Listing Rules and the transactions contemplated under each of the LP Provision of Labour Services Framework Agreement and the LP Receipt of Labour Services Framework Agreement constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules.
On the basis of the Tender, the Authority selected the Service Provider to enter into a framework agreement to provide i) the Delivery Support Services to the Authority and ii) the Contingent Labour Services to Contracting Bodies from time to time on a call‑off basis, in accordance with this Framework Agreement.
As such, the transactions contemplated under each of the GZL Provision of Labour Services Framework Agreement and the GZL Receipt of Labour Services Framework Agreement constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules.
Accordingly, on an aggregated basis, each of the Labour Services Framework Agreements is subject to the reporting and announcement requirements but is exempt from the Independent Shareholders’ approval requirement as set out under Chapter 14A of the Listing Rules.
In addition to our compliance with the requirements on annual review by external auditors and independent non-executive Directors under the Listing Rules in respect of continuing connected transactions, the internal compliance review department of the Company is responsible for the review of individual contracts on a regular basis to ensure that the terms thereunder are made in accordance with the terms and conditions of each of the Labour Services Framework Agreements.
The Directors are of the view that the abovementioned methods and procedures under the pricing policies can ensure that the transactions contemplated under the Labour Services Framework Agreements are conducted on normal commercial terms and not prejudicial to the interests of the Company and its minority Shareholders.