Supply Pipelines definition
Examples of Supply Pipelines in a sentence
Accordingly, Lingang Investment Group is a connected person of the Company under the Listing Rules and the transactions contemplated under the Water Supply Pipelines Installation and Construction Agreement constitute continuing connected transactions for the Company pursuant to the Chapter 14A of the Listing Rules.
On 23 December 2022 (after trading hours), the Company entered into the Water Supply Pipelines Installation and Construction Agreement with Lingang Investment Group, pursuant to which, the Company agreed to provide water supply pipelines installation services to Lingang Investment Group with a construction period of 7 calendar days.
Pursuant to Rules 14A.81 and 14A.82 of the Listing Rules, the transactions contemplated under the Water Supply Pipelines Installation and Construction Agreement are required to be aggregated with other transactions contemplated under the Previous Construction Service Agreements.
ANNUAL CAPS 13.23 8.95 1.67 The table below set out the annual caps for the transactions under the Water Supply Pipelines Installation and Construction Agreement, the Previous Construction Service Agreements and the aggregate annual cap of them, which are the estimated largest construction service fees determined in accordance with the aforementioned pricing policies.
The final construction service fee under the Water Supply Pipelines Installation and Construction Agreement was estimated approximately RMB6.055 million (tax inclusive) and shall be determined by Lingang Investment Group and the Company based on the final mapping report (終測繪報告) and the actual costs and expenses listed in the cost and expenses sheet (費用預核定單).