SA Directors definition
SA Directors directors of SA “SA Group” SA and its subsidiaries “SJXP” 上 海 吉 祥 房 地 產 有 限 公 司 (Shanghai Ji Xiang Properties Co., Ltd.), a company incorporated in the PRC and is ultimately owned as to 51% by KPL and 49% by SA “SLIM-HK” Shangri-La International Hotel Management Limited, a company incorporated in Hong Kong and is ultimately wholly owned by SA “Somerley” Somerley Limited, licensed by the Hong Kong Securities and Futures Commission to carry on Type 1 (dealing in securities), Type 4 (advising on securities), Type 6 (advising on corporate finance) and Type 9 (asset management) regulated activities as set out in Schedule 5 to the Securities and Futures Ordinance having CE registration number AAJ067
Examples of SA Directors in a sentence
The SA Board confirms that none of the SA Directors had any material interest in the Hotel Management Agreement and accordingly none of the SA Directors was required to abstain from voting on the resolutions in relation to the Hotel Management Agreement.
The SA Directors (including the independent non-executive SA Directors) take the view that the entering into of the Hotel Management Agreement is in the ordinary and usual course of business of the SA Group and believe that the terms of the Hotel Management Agreement are on normal commercial terms and are fair and reasonable and in the interests of SA and its shareholders as a whole.