Examples of Equity Transfer Agreement in a sentence
A different Equity Transfer Agreement to what the Company announced was entered into on the same day of 5 August 2011 between SHMY Biochip, Yan and Xiong whereat the total consideration for the 70% equity interest of Shanghai Yuanqi was agreed at RMB354,000,000 represented by the issuance of 896,997,491 shares of the Company of which 243,470,711 shares were to be issued to Xiong to satisfy the payment for her 19% equity interest in Shanghai Yuanqi.
Set out below is a summary of the principal terms of the Equity Transfer Agreement.
The transactions contemplated under each of the Suzhou Zhaokun Equity Transfer Agreement, the Longyan Lirui Equity Transfer Agreement, the Jian’ou Fayun Equity Transfer Agreement, the Jian’ou Zhongheng Equity Transfer Agreement and the Jian’ou Jiajing Equity Transfer Agreement are not inter- conditional to each other.
The Company and Taiyuan Jinnuo entered into the Supplementary Agreement to the Equity Transfer Agreement in respect of Fuyao Group Beijing Futong Safety Glass Co., Ltd.
The principal terms of the Equity Transfer Agreement are set out below.