SIUD definition
Examples of SIUD in a sentence
In addition, since SIUD has been exploring different ways to unlock the true value of some of its projects that are booked at costs in its financial statements, the Disposal is beneficial to realise part of the hidden value of the Zhuhai Qi’ao Island Project.
A Participant shall not be entitled to receive any greater payment under §§6.6, 6.7 and 6.12 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrowers’ prior written consent.
SIUD Shanghai Construction is a company established in the PRC with limited liability and an indirect subsidiary of the Company.
The SIUD Group is a property developer in the PRC and is principally engaged in the businesses of property development, property investment and hotel operations in the PRC.
As SIHL is a substantial shareholder and thus a connected person of the Company, the transaction(s) contemplated under the SIUD Loan Extension Agreement constitutes a connected transaction of the Company.
There were a number of participants in the tender and, following the review and comprehensive comparison of the participating bidders, SIUD Shanghai Construction was selected in accordance with the relevant requirements under the tendering documents.
The proceeds of the SIUD Loan were used to finance acquisition costs of land and development, construction and improvement costs of the Group’s projects.
SIUD Shanghai Construction participated in such tender process and was finally selected as the winning bidder.
The SIUD Group is involved in certain legal proceedings initiated by one of the sellers for outstanding consideration under the original acquisition.
Shanghai Urban Development is an indirect non-wholly owned subsidiary of SIUD and the Company.