Examples of China Poly Group in a sentence
Poly Finance is owned as to an aggregate of 94.18% by China Poly Group and its associates, and is therefore a connected person of the Company.
China Poly Group and its associates (including Poly Developments and Holdings and Xxxxxx Xxxxx), which are interested in an aggregate of 72.289% of the total issued share capital of the Company as at the date of this announcement, will abstain from voting on the proposal at the EGM.
Information on Poly Finance Poly Finance is a sino-foreign joint venture non-bank financial institution incorporated in the PRC on 11 March 2008 and is owned as to 94.18% by China Poly Group and its associates and 5.82% by Credit Suisse AG, an Independent Third Party.
The ultimate holding company is China Poly Group Corporation Limited (“China Poly Group”), a state-owned enterprise incorporated in the PRC.
China Poly Group and its associates (including Poly Developments and Holdings and Xxxxxx Xxxxxxx), which were interested in an aggregate of 72.29% of the total issued share capital of the Company as at the date of this announcement, will abstain from voting on the proposal at the 2019 AGM.
China Poly Group Corporation Limited directly beneficial holds 253,788,246 shares of the Company and owns 50% issued share capital of Poly (Hong Kong) Holdings Limited, and is accordingly deemed by the SFO to be interested in the shares directly and indirectly owned by Poly (Hong Kong) Holdings Limited.
China Poly Group Corporation Limited (中國保利集團有限公司) is therefore deemed to be interested in 179,827,794 A shares held by China Huaxin.
China Huaxin is wholly-owned by China Poly Group Corporation Limited (中國保利集團有限公司).
Prior to joining the Group, he was a senior director of China Poly Group Corporation and the founder and chairman of Guangzhou Poly Investment Limited in the PRC.
On 10 November 2020, a wholly-owned subsidiary of the Company (as the issuer), the Company (as the guarantor) and China Poly Group entered into a keepwell deed in relation to US$500,000,000 4.00% notes due 2025 (the “Notes Due 2025”).