Master link definition
Master link. Master Link Assets Limited, a company incorporated in the British Virgin Islands with limited liability whose entire issued share capital is beneficially owned by ▇▇. ▇▇▇▇▇ ▇▇▇▇▇▇▇ Securities Limited, details of which are disclosed in the Joint Announcement and the Circular Master Link Placing Agreement “▇▇. ▇▇▇▇▇” ▇▇. ▇▇▇▇▇ Kai ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, the Executive Chairman of the Company, an executive Director and the controlling Shareholder “New Placing Shares” an aggregate of 400,000,000 new Shares to be placed pursuant to the terms of the New Shares Placing Agreement “New Shares Placing” the placing of New Placing Shares pursuant to the terms of the New Shares Placing Agreement Haitong International Securities Company Limited in relation to the New Shares Placing, details of which are disclosed in the Joint Announcement and the Circular “New Shares Placing Completion” completion of the New Shares Placing pursuant to the New Shares Placing Agreement “Option(s)” 52,000,000 outstanding options granted by the Company pursuant to the pre-IPO share option scheme adopted by the Company on 7 June 2010 “▇▇▇▇▇▇▇ Capital” ▇▇▇▇▇▇▇ Capital (HK) Limited, a company incorporated in Hong Kong, which is an investment holding company owned as to 85% by ▇▇. ▇▇▇ ▇▇▇ ▇▇▇
Master link or "gathering ring" means a forged or welded steel link used to support all members (legs) of an alloy steel chain sling or wire rope sling. (See figure 3 “Major Components of a Guadruple Sling”)