Examples of Prescribed Limit in a sentence
Yes, pursuant to paragraph 3.4(a)(ii) of Guidance Note 8, if the actual amount of financial assistance provided exceeds the corresponding amount in the Mandate, X Bhd must immediately announce the same notwithstanding that the excess amount does not trigger the Prescribed Limit as referred to in Question 10.22.
While the Share Purchase Mandate would authorise a purchase or acquisition of Shares up to the Prescribed Limit, Shareholders should note that purchases or acquisitions of Shares pursuant to the Share Purchase Mandate may not be carried out to the full 5% limit as authorised and no purchases or acquisition of Shares will be made in circumstances which would have or may have a material adverse effect on the financial position of the Company.
The proportions of hooks observed ranged from 14 to 99% with an average of 48% (Table 2).
Entering into contract/lease/arrangements/transactions with ‘Related Parties’ up to Prescribed Limit.
The Share Issue Mandate is valid until the earliest of (i) the conclusion of the next annual general meeting of the Company, (ii) the date by which the next annual general meeting is required by law to be held, or (iii) the point at which the maximum number of shares permitted as per the New Issue Prescribed Limit (as defined below) of 20% has been reached.