Shum Yip Group definition

Shum Yip Group. Shum Yip Group Limited* (深業集團有限公司), a company established in the PRC which is ultimately wholly-owned by the Shenzhen Municipal People’s Government and under the administration of the Shenzhen State-owned Assets Supervision and Administration Commission (Shenzhen SASAC), and the ultimate holding company of the Company “sq.m.” square meter(s)

Examples of Shum Yip Group in a sentence

  • As Shum Yip Group is the ultimate holding company of the Company (it holds, through Shum Yip Holdings, approximately 63.19% of all issued Shares as at the date of this announcement), Science City Co., a subsidiary of Shum Yip Group, is therefore a connected person of the Company.

  • Shum Yip Group is an investment holding company and is the ultimate holding company of the Company.

  • Shum Yip Group is ultimately wholly-owned by the Shenzhen Municipal People’s Government of the PRC and under the administration of the Shenzhen State-owned Assets Supervision and Administration Commission (Shenzhen SASAC).

  • As at the date of this announcement, Shum Yip Group holds 60% of the paid up registered capital of Science City Co..

  • The Board is pleased to announce that on 28 March 2024, Science City Co. (a subsidiary of Shum Yip Group) and Shum Yip Property Operation (a non-wholly owned subsidiary of the Company) entered into the 2024 Property Management Services Agreement to govern their respective rights and obligations with respect to the engagement by Science City Co. of Shum Yip Property Operations to provide property management services in relation to the Property.

  • Xinhongcheng is a limited liability company established in the PRC and a wholly-owned subsidiary of the Shum Yip Group, which is in turn wholly-owned by Shenzhen Municipal People’s Government of the PRC.

  • Shum Yip Group is the holding company of Shum Yip Holdings, which is the direct controlling shareholder of the Company holding approximately 44.4% interest in the issued share capital of the Company.

  • Nongke Property is an indirect wholly-owned subsidiary of Shum Yip Group.

  • As at the date of this announcement, the Group had not entered into similar estate agency transactions with Shum Yip Group or its subsidiaries in the past.

  • As the Purchaser is a non-wholly owned subsidiary of Shum Yip Group, the ultimate holding company of the Company (it holds, through Shum Yip Holdings, approximately 63.18% of all issued Shares as at the date of this announcement), the Purchaser is therefore a connected person of the Company.