PSSB definition

PSSB means Professional Standard Setting Body;

Examples of PSSB in a sentence

  • PSSB is a special purpose vehicle created as a result of a joint venture agreement entered between Kuwait Finance House K.S.C. ("KFH") and Autron Corporation Limited's wholly owned subsidiary ("Autron") for the purpose of acquiring commercial properties of The Icon@Tun Razak and The Icon@Mont Kiara from SRSB and MHSB respectively.

  • Upon exercise of the MTK Call Option or the MTK Put Option, MHSB, PSSB and MAWIP shall execute the tripartite sale and purchase agreement for the MTK Option Property (“MTK Option SPA”) at the MTK Option Sale Consideration and the MTK Option Consideration shall be deemed to be part payment towards the account of MTK Option Sale Consideration.

  • Subsequent to the completion of the Subscription Shares, SVSB, PVSB and PSSB shall hold 30%, 30% and 40% equity interest in PPSB, respectively (“Shareholding Proportions”).

  • Subject to the fulfillment of the Condition Precedent (as defined in Section 2.1.6.2 of this Announcement), SVSB, PVSB and PSSB (“collectively, “Shareholders”) agree to enter into a joint venture via PPSB to acquire the Property and to commence, construct, manage, develop and implement development and sale of the Property (“Joint Venture”).

  • The original date and cost of investment in PPSB by PSSB is 24 January 2020 and RM1.00 respectively.

  • The Balance MTK Consideration shall be secured by an irrevocable bank guarantee in favour of MHSB (“MTK Second BG”), to be procured by PSSB.

  • In consideration of the sum of RM1 paid by PSSB to MHSB (“MTK Option Consideration”), MHSB grant to PSSB the rights, exercisable during the period commencing from the date of the MTK OA and expiring on the date of certification of practical completion in respect of the MTK Option Property, to purchase the MTK Option Property from MHSB at cash consideration of RM19,900,000 (“MTK Option Sale Consideration”) (“MTK Call Option”).

  • Pursuant to the joint venture agreement, KFH and Autron will respectively subscribe up to 80% and 20% equity interest of PSSB.

  • Programmes with the largest budget are expected to be the Child Allowance, which will be expanded to reach 1.4 million beneficiaries in 2024, and the Allowance for the Elderly in the Basic Social Allowance Programme (PSSB), with more than a million direct beneficiaries in 2024.

Related to PSSB

  • RSSB means Rail Safety and Standards Board Limited (a company limited by guarantee and registered in England and Wales under number 04655675), and its successors and assigns.

  • CSAM or "Credit Suisse" (or any combination thereof).

  • RBI means the Reserve Bank of India.

  • MB means megabyte, which is equal to 1024 kilobytes or 1,048,576 bytes of digital information.

  • TELRIC means Total Element Long-Run Incremental Cost.