Examples of Yashili Board in a sentence
The Yashili Board notes that other than certain changes to the composition of Yashili Board as set out under the section headed “Proposed Changes to the Composition of Yashili Board and Yashili’s Management Team Post-Completion” in the “Letter from UBS” in this Composite Document, the Offeror Parent Group does not intend to institute any major changes to Yashili’s current business and operation (including redeployment of the fixed assets of the Yashili Group and employee changes within the Yashili Group).
Unless otherwise stated, capitalised terms used herein shall have the same meanings as those defined in the Joint Announcement.As disclosed in the Joint Announcement, pursuant to the Subscription Agreement, from and after the date of the Subscription Agreement, Danone Asia shall have the right to recommend the chief executive officer of the Company (the ‘‘CEO’’) to the Yashili Board, which recommendation shall be considered in good faith by the Yashili Board.
CSBS is the nationwide organization of banking regulators from all 50 states, American Samoa, the District of Columbia, Guam, Puerto Rico, and the U.S. Virgin Islands.
Mengniu, the Offeror and Yashili further jointly announce that on May 3, 2022, the Offeror has formally requested the Yashili Board to, subject to the satisfaction of the Scheme Pre-Conditions, put forward a proposal to the Scheme Shareholders for the privatization of Yashili by way of a scheme of arrangement under section 86 of the Companies Act.
However, pursuant to further discussions, Mr. Zhang Lidian shall remain as a director of the Yashili Board and each relevant member of Yashili Group following Completion.
INTRODUCTION The Mengniu Board and the Yashili Board are pleased to announce that on 14 December 2018, after trading hours, Yashili (HK) and the Purchaser entered into the Share Purchase Agreement, pursuant to which Yashili (HK) has conditionally agreed to dispose of, and the Purchaser has conditionally agreed to acquire, the Share Interest for a consideration consisting of two tranches.
Lock-Up Restrictions on the Yashili Shares During the Lock-Up Period, the Offeror Shareholders who acquired Yashili Shares through exercising the Yashili Share Exchange Right may not dispose of, or enter into any agreement to dispose of or otherwise create options, rights, interests or encumbrances in respect of, any of such Yashili Shares unless otherwise approved by the Yashili Board in writing (the “Yashili Shares Lock-Up Restrictions”).
On May 3, 2022, the Offeror requested the Yashili Board to put forward a proposal to the Scheme Shareholders for the privatization of Yashili by way of a scheme of arrangement under section 86 of the Companies Act, subject to the Scheme Pre-Conditions (which were satisfied on March 9, 2023).
Unless the context otherwise requires, capitalized terms used in this Scheme Document (including this cover page) are defined in “Definitions” in Part I of this Scheme Document.A letter from the Yashili Board is set out in Part V of this Scheme Document.
The Yashili Board is pleased to note that the Offeror intends to continue the existing business of the Yashili Group after the implementation of the Privatization Proposal, and the Offeror does not have plans to make any material changes to the business of the Yashili Group (including any redeployment of any fixed asset of the Yashili Group) or the continued employment of the employees of the Yashili Group.