Examples of Placing Agent in a sentence
As at the Latest Practicable, the Company has not yet identified any suitable investment opportunity in relation to natural gas business.Assuming the Convertible Bonds are fully placed by the Placing Agent and based on the estimated expenses of the CB Placing in the amount of approximately HK$5,650,000, the gross and net proceeds from the CB Placing are estimated to be HK$432,000,000 and approximately HK$426,350,000 respectively.
Placees: The Placing Agent agreed to place, on a best effort basis, the Top-up Placing Shares to currently expected to be not less than six Placees.
Each of the directors of WOG and WYT (including the independent non-executive directors of WOG and WYT) are of the view that the placing commission is fair and reasonable, taking into account the current market condition.To the best of the knowledge of the directors of each of WOG and WYT, the Placing Agent and its associates are third parties independent of the Vendor, WOG and WYT and their respective connected persons.
The Placing AgentTo the best of the knowledge, information and belief of the Board, having made all reasonable enquiries, each of the Placing Agent and its ultimate beneficial owner(s) is an Independent Third Party.
The Top-up Placing Price was determined with reference to the prevailing market price of the WYT Share and was negotiated on an arm’s length basis between the Vendor, WYT and the Placing Agent on the date of the Top-up Placing and Subscription Agreement.