Examples of Top Dragon in a sentence
Kiddieland Toys had in the past been leasing the Office Premises from Top Dragon.
LISTING RULES IMPLICATIONS As Top Dragon is owned as to 50% by each of Xx. Xxxxxx Xx (an executive Director and Controlling Shareholder of the Company) and his spouse, Xx. Xxxxxx Xxxxx (an executive Director and Controlling Shareholder of the Company), Top Dragon is a connected person of the Company under the Listing Rules and therefore the transaction under the Renewal Tenancy Agreement constitutes a continuing connected transaction of the Company under the Listing Rules.
Reference is made to the section headed “Connected Transaction – Non-exempt continuing connected transaction” of the Prospectus in relation to the continuing connected transaction between Kiddieland Toys as the tenant and Top Dragon as the landlord under the Previous Tenancy Agreement in respect of the Office Premises for a term of two years.
On 8 June 2018, Kiddieland Toys entered into the Renewal Tenancy Agreement to renew the lease for a term of two years commencing on 1 June 2018 with Top Dragon on substantially the same terms.
DETAILS OF RENEWAL TENANCY AGREEMENT Lease of Office Premises from Top Dragon Major terms of the Renewal Tenancy Agreement Date : 8 June 2018 Parties : Top Dragon as landlord and Kiddieland Toys as tenant Premises being leased : Portion of 14th Floor, Bank of America Tower, 00 Xxxxxxxx Xxxx, Xxxxxxx, Xxxx Xxxx with a gross floor area of approximately 8,608 sq.
The total amount of rental paid by the Group to Top Dragon under the Previous Tenancy Agreement for the eleven months ended 30 April 2017, the year ended 30 April 2018 and the one month ended 31 May 2018 was HK$5,280,000, HK$5,760,000 and HK$480,000 respectively.
Profit Gem had for a number of times entrusted the processing works to Top Dragon through the Applicant [3]- [4].
LISTING RULES IMPLICATIONS As Top Dragon is owned as to 50% by each of Xx. Xxxxxx Xx (an executive Director of the Company) and his spouse, Xx. Xxxxxx Xxxxx (an executive Director of the Company), Top Dragon is a connected person of the Company under the Listing Rules and therefore the transaction under the Renewal Tenancy Agreement constitutes a continuing connected transaction of the Company under the Listing Rules.
In early 2010, Profit Gem liaised with the Applicant and provided raw materials worth approximately $750,000 to her or her representative for Top Dragon to carry out the processing works.
Reference is made to the section headed “Report of the Directors - Continuing connected transactions” of the annual report for the year ended 30 April 2021 in relation to the continuing connected transaction between Kiddieland Toys as the tenant and Top Dragon as the landlord under the Current Tenancy Agreement in respect of the Office Premises for a term of one year.