Examples of Relevant Properties in a sentence
Such policy is expected to speed up the process of the disposal of the Relevant Properties through shortened procedures and exemption of certain taxes.
If the disposal of the Relevant Properties is materialised, the Group will have additional funds to finance its operations and the capital expenditure for relocation of its production facilities in Changchun.
Pursuant to a letter of intent from the Potential Purchaser, it is expected that the Potential Purchaser shall purchase the Relevant Properties with a consideration of not less than RMB2.2 billion, subject to the price to be determined by way of auction.
Actual net sales proceed is equal to actual gross proceed to be received by the Project Company in respect of the Relevant Properties during the pre-sales period and after netting off value-added taxes, urban maintenance and construction tax, educational surtax, stamp duty, share of sales and marketing expenses and decoration expenses (if any).
The Group and the municipal government have jointly engaged a professional valuer to conduct the valuation of the Relevant Properties.