Supplemental Deed definition
Examples of Supplemental Deed in a sentence
Entering into the Supplemental Deed constitutes a connected transaction under Chapter 14A of the Listing Rules which is subject to the reporting, announcement and independent Shareholders’ approval requirement under the Listing Rules.
The EGM will be held for the independent Shareholders to consider and, if thought fit, approve the Supplemental Deed and the Cooperation Framework Agreement by way of poll.
The Cooperation Framework Agreement shall become effective conditional on the fulfilment of all of the following conditions: (a) the Company having obtained the approval of independent Shareholders in relation to the Supplemental Deed and the Cooperation Framework Agreement; and (b) all requirements under the Articles and the Listing Rules having been fully complied with in relation to the Supplemental Deed and the Cooperation Framework Agreement.
The Independent Financial Adviser has also been appointed to advise the Independent Board Committee and the independent Shareholders in respect of the Supplemental Deed and the Proposed Amendments contemplated thereunder.
Based on the above factors, the Directors (excluding the Independent Directors, whose views will be given after taking into account the advice from an Independent Financial Adviser) believe that the Supplemental Deed and the Proposed Amendments contemplated thereunder are on normal commercial terms, fair and reasonable and in the interests of the Company and the Shareholders as a whole.