Major Shareholder definition

Major Shareholder means a shareholder who directly or indirectly holds 10% or more of the voting rights.

Major Shareholder means a person who has an interest or interests in one or more voting shares in a corporation and the number or aggregate number of those shares, is –

Major Shareholder means a shareholder who directly or indirectly holds shares in any juristic person in a total amount exceeding 10 percent of the paid-up capital of that juristic person. Such shareholding shall also include the shares held by related persons.

Examples of Major Shareholder in a sentence

• As from the First CPS Subscription Closing Date and Share Purchase Closing Date, the HB Entertainment Major Shareholder and HB Corp shall cause HB Entertainment to discuss and cooperate with the Company in good faith regarding the possibility of the Company’s participation and cooperation with HB Entertainment in potential investments, projects or other businesses of HB Entertainment in the People’s Republic of China arising after the First CPS Subscription Closing Date and Share Purchase Closing Date.

• To the best knowledge, information and belief of the Directors after having made all reasonable enquiries, as at the date of this announcement, HB Entertainment, HB Corp and their respective ultimate beneficial owners, and the HB Entertainment Major Shareholder are third parties independent of the Company and its connected persons.

• Each Major Shareholder Group shall file with the SEC within the time periods required by the Exchange Act and the rules and regulation promulgated thereunder, an amendment to such party’s Group Report (or a Schedule 13D, if such Group Report was on Schedule 13G) or an initial Schedule 13D, which shall (i) report such Major Shareholder Group’s execution and delivery of this Agreement, (ii) file a copy of this Agreement as exhibit thereto and (iii) otherwise comply with the requirements of Schedule 13D.

• As at the date of this announcement, the HB Entertainment Major Shareholder and HB Corp hold approximately 61.67% and approximately 33.33% respectively of the issued shares of HB Entertainment.

• The Parent shall keep the Company reasonably informed of the status of material developments and negotiations with respect to any Parent Acquisition Proposal (including any Major Shareholder Proposal), inquiry, proposal, offer or request, including any material changes, modifications or other amendments to any such Parent Acquisition Proposal, inquiry, proposal, offer or request.

More Definitions of Major Shareholder

Major Shareholder means a person who has an interest or interests in one or more voting

Major Shareholder means a major shareholder as defined under the Listing Requirements.

Major Shareholder means any Shareholder holding at least 5% of the votes attached to the outstanding voting shares in the capital of the Company, on an as converted and fully diluted basis.

Major Shareholder means a shareholder who holds, directly or indirectly, more than 10% of the voting rights of a company.

Major Shareholder means a Shareholder that, together with its Affiliates, is the Beneficial Owner of at least twenty percent (20%) of the issued and outstanding Ordinary Shares.

Major Shareholder means any person or entity who directly or indirectly currently owns as of the date of this Agreement 25% of the issued and outstanding stock of the Company.

Major Shareholder means a company that own 10% or more of the total voting rights.