Examples of Target Subsidiary in a sentence
The Target Subsidiary was incorporated in Hong Kong on 20 February 2004 and is principally engaged in property holding.
The principal asset of the Target Subsidiary is its interest in the Property.
The parties to the Supplemental Sale and Purchase Agreement agreed that additional contracts (the “Additional Structured Contracts”) shall be entered into by the PRC Subsidiary, the Target Subsidiary Shareholders (as defined below) and each of the 16 operating subsidiaries of the Target Group (the “Target Subsidiaries”, and each a “Target Subsidiary”), which will form part of the series of Structured Contracts.
Set out below is a summary of key financial data of the Target Subsidiary, which has been prepared based on the generally accepted accounting principles in Hong Kong.
After Reorganisation, the Target Subsidiary will become a wholly owned subsidiary of the Target.