Lukong definition

Lukong or “Investor B” Lukong Water Group Co., Ltd ( 魯 控 水 務 集 團 有 限 公 司 ), a company established in the PRC and a wholly-owned subsidiary of Shuifa
View Source

Examples of Lukong in a sentence

  • Lukong Water is a company established the PRC with limited liability and is principally engaged in the business of investment and operations of water supply, sewage treatment, water related constructions and hydroelectric power.

  • Lukong Water is a wholly-owned subsidiary of 山 東 水 利 發 展 集 團 有 限 公 司 (Shandong Water Development Group Co., Ltd.*), which in turn is a wholly-owned subsidiary of Shuifa Group Co., Ltd., therefore Lukong Water is a connected person of the Company under the Listing Rules.

  • As Lukong Water is an indirect wholly-owned subsidiary of Shuifa Group Co., Ltd, which in turn holds 100% of the equity interest in Water Development (HK) Holding Co., Limited, the Company’s controlling Shareholder, Water Development (HK) Holding Co., Limited and its close associates have material interests in the Amended and Restated Sale and Purchase Agreement and the Transactions and are therefore required to abstain from voting on the relevant revolutions at the SGM.

  • As Lukong Water is an indirect wholly-owned subsidiary of Shuifa Group Co., Ltd., it is a connected person of the Company.

  • While there are not substantial changes to the underlying target assets and consideration, Lukong Water will become the controlling shareholder of the Purchaser’s Holding Company upon completion of the Share Subscription pursuant to the Restructuring Agreement.