OPMSL definition

OPMSL. Oriental Patron Management Services Limited, a connected person of the Company “Premises” the premises leased by OPISL as licensee from OPMSL as licensor
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OPMSL. “Shareholder(s)” Oriental Patron Management Services Limited, a connected person of the Company the shareholder(s) of the Company
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OPMSL. Oriental Patron Management Services Limited, a connected person of the Company
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Examples of OPMSL in a sentence

  • The principal business activities of OPMSL, the licensor to the New Licence Agreement, are to render supply of general administrative and staff services to its group companies and affiliates.

  • As OPMSL is a connected person of the Company under the Listing Rules, the transactions contemplated under the Licence Agreement constitute continuing connected transactions for the Company.

  • As the Group has been using the Premises as its principal place of business in Hong Kong, it is expected that the continued provision of the Premises by OPMSL to the Group for use would be required.

  • OPISL undertakes to keep OPMSL fully indemnified from and against all damage loss and injury of every description which may occur to or affect OPMSL or any other person(s) or his or their property arising from or through the exercise of the rights granted or the non-observance or non- performance of any of the terms and conditions herein by OPISL save where such damage loss or injury is caused by the act or omission on the part of OPMSL or his agents or employees.

  • The principal business activities of OPMSL are to render supply of general administrative and staff services to its group companies and affiliates.

  • OPMSL is an indirect subsidiary of Oriental Patron Financial Group Limited (“OPFGL”) which controls 38.22% in the issued share capital of the Company as at the date of this announcement.

  • Therefore, OPMSL is regarded as a connected person of the Company by virtue of Rule 14A.11 of the Listing Rules.

  • The basis of Licence Fee is determined on the saleable area of the Premises (being approximately 1,398 square feet) occupied by the Company and its subsidiaries (collectively, the “Group”) and the licence fee per square feet chargeable by OPMSL on a monthly basis with reference to the rent and management fee per square feet in respect of the Whole 27th Floor leased by OPMSL as tenant from an independent third party as landlord under a lease agreement.

  • As such, OPISL entered into the New Licence Agreement with OPMSL on 11 April 2017, pursuant to which OPMSL has conditionally agreed to provide to the Group the Premises for use for the licence term from 1 April 2017 to 31 March 2020.

  • As at the date of this announcement, OPMSL is an indirect subsidiary of OPFGL which controls 18.96% in the issued share capital of the Company.


More Definitions of OPMSL

OPMSL. Oriental Patron Management Services Limited, a company incorporated in the Hong Kong with limited liability, a wholly owned subsidiary of OPFGL “Share(s)” ordinary share(s) of HK$0.10 each in the share capital of the Company “Shareholders” shareholders of the Company
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