Nan Hai definition

Nan Hai. ’ means Nan Hai Corporation Limited, a company incorporated in Bermuda with limited liability, the shares of which are listed and traded on the Stock Exchange (stock code: 680), the indirect holding company of the Purchaser;

Examples of Nan Hai in a sentence

  • As Nan Hai is the holding company of the Company, Nan Hai is a connected person of the Company.

  • In addition, Mr. ▇▇▇, an associate of Mr. ▇▇▇ (a director of both the Company and Nan Hai), owns 20% interest of Dadi Century Beijing.

  • Pricing Policy and Payment The products and services fees of the transactions contemplated under the Nan Hai Information Service Framework Agreement shall be determined by arm’s length commercial negotiations according to the principles of fairness and reasonableness between relevant parties with reference to the market price for sales of similar information products and services to independent third parties during the same period.

  • Therefore, the transactions under the Nan Hai Information Service Framework Agreement constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules.

  • The exact term of each individual information service agreement to be entered into under the Nan Hai Information Service Framework Agreement will be determined by each individual agreement.

  • The products and services fees shall be paid by cash in accordance with the terms of each individual information service agreement to be entered into under the Nan Hai Information Service Framework Agreement.

  • The Company and/or its subsidiaries will enter into individual information service agreements with members of Nan Hai Group, setting out specific terms including term, consideration for the information products and services and payment terms.

  • The Board has approved the Nan Hai Information Service Framework Agreement.

  • As Nan Hai and GD Cinema Circuit are connected with each other and the Nan Hai Information Service Framework Agreement and the GD Cinema Circuit Information Service Framework Agreement are of a similar nature, the annual caps of the continuing connected transactions under the above-mentioned agreements will be aggregated for the purpose of calculating the percentage ratios in accordance with Rule 14A.81 of the Listing Rules.

  • Since Mr. ▇▇▇ has a material interest in the Nan Hai Information Service Framework Agreement, he has abstained from voting on the Board resolution to approve the Nan Hai Information Service Framework Agreement.

Related to Nan Hai

  • AASHTO means the American Association of State Highway and Transportation Officials.

  • China means the People’s Republic of China, excluding, for purposes of this Agreement, Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan.

  • NHAI means National Highways Authority of India.

  • SAI means Statement of Additional Information.

  • ECO means Engineering Change Orders.