NWCL definition

NWCL. New World China Land Limited, a company incorporated in the Cayman Islands with limited liability, the shares of which are listed on the Main Board of the Stock Exchange and is a subsidiary of NWD as at the date of this announcement “NWCL Group” NWCL and its subsidiaries from time to time

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NWCL. New World China Land Limited, a company incorporated in the Cayman Islands with limited liability, the shares of which are listed on the Stock Exchange

NWCL. New World China Land Limited, a company incorporated in the Cayman Islands with limited liability and whose shares are listed on the Main Board of the Stock Exchange (Stock code: 917) and a subsidiary of the Company as at the date of this announcement “Operational Services” the Contracting Services, the General and Rental Services, the Project Management and Consultancy Services, the Hotel Management and Consultancy Services and such other types of services as CTF and the Company may agree upon from time to time in writing “Original Annual Caps” the annual cap amounts in respect of the provision of the Operational Services as disclosed in the announcement of the Company dated 30 June 2011, for the three years ending 30 June 2014, respectively “Project Management and Consultancy Services” the provision of project management and consultancy services by the relevant members of the Group to members of the CTF Group in relation to the planning, design and construction of property projects developed or owned by members of the CTF Group from time to time, including but not limited to (a) the provision of advices on design plans and development schedules; co-ordination with architects and consultants on the preparation of tender documents and drawings; monitoring the approval of necessary construction permits; (b) overseeing the overall construction including the construction progress and managing the daily operation of construction sites; certifying periodic payments to suppliers and contractors; preparation of cash flow projection; and (c) arranging for hand-over of the completed works complete with full technical documentation for future maintenance and operation; approving final payments to consultants; and co-ordination with consultants on the compilation of final accounts “Revised Annual Caps” the revised annual cap amounts in respect of the Operational Services as set out on page 2 of this announcement, for the three years ending 30 June 2014, respectively “Revision of Annual Caps” the revision of the Original Annual Caps for each of the three years ending 30 June 2014, respectively

Examples of NWCL in a sentence

As at the date of this announcement, the Transferors are connected persons of NWCL only by virtue of their holding of the CJV Interest.
Accordingly, the Acquisition constitutes a connected transaction of NWCL under the Listing Rules.
As one or more of the applicable percentage ratios (as defined under Rule 14.07 of the Listing Rules) in respect of the annual caps under the Master Sales Agreement are more than 0.1% but less than 5%, the Master Sales Agreement is subject to the reporting and announcement requirements but is exempt from the independent shareholders’ approval of NWCL under Chapter 14A of the Listing Rules.
NWCL has obtained a written shareholders’ approval dated 20 November 2009 from NWD in relation to the approval of the Acquisition.
As at the date of this announcement, NWD held an approximately 70% attributable interest in NWCL and NWDS is a subsidiary of NWD.
As one or more of the relevant percentage ratios (as defined under Rule 14.07 of the Listing Rules) in respect of the Acquisition exceeds 2.5%, the Acquisition is therefore subject to the reporting and announcement requirements and the independent shareholders’ approval of NWCL under the Listing Rules.
As one or more of the relevant percentage ratios (as defined in Rule 14.07 of the Listing Rules) in respect of the Acquisition is more than 5% but less than 25%, the Acquisition constitutes a discloseable transaction of NWCL.
As at the date of this announcement, NWD held an approximately 72.29% attributable interest in NWDS and NWCL is a subsidiary of NWD.
As at the date of this announcement, NWD held an approximately 70% attributable interest in the issued share capital of NWCL.
NWD is the controlling shareholder of NWCL and is holding (together with its subsidiaries) 4,061,034,137 shares of NWCL and representing an approximately 70% attributable interest in the issued share capital of NWCL as at the date of this announcement.

More Definitions of NWCL

NWCL. Group” NWCL and its subsidiaries;

NWCL. ’ means New World China Land Limited, a company incorporated in the Cayman Islands with limited liability, the issued shares of which are listed on the main board of the Stock Exchange (stock code: 0917);