Assets to be disposed of Sample Clauses

Assets to be disposed of. Pursuant to the Second Disposal Agreement, Tuori Energy agreed to acquire and Tianjin Kaihe Energy Technology agreed to sell the entire registered capital of Qingdao Qiguang. Prior to the completion of the Second Disposal Agreement, Tianjin Kaihe Energy Technology held 100% equity interests in Qingdao Qiguang. Each of Tuori Energy and Tianjin Kaihe Energy Technology will bear its own taxation liabilities in accordance with the PRC laws resulting from the transfer of the entire registered capital of Qingdao Qiguang.

Assets to be disposed of. Pursuant to the Hami Hanergy Disposal Agreement, Xinjiang Hanergy Investments (as vendor) agrees to sell and Beijing Hongsheng (as purchaser) agrees to purchase 100% equity interest in ▇▇▇▇ ▇▇▇▇▇▇▇. As at the date of this announcement, Xinjiang Hanergy Investments is the legal and beneficial owner of the entire registered and paid-in capital of Hami Hanergy.

Assets to be disposed of. The Sale Shares and the Sale Loan. As at the date of this announcement, the principal amount of the Sale Loan is HK$74,621,458. The Sale Shares represent the entire issued share capital of Grandace Investments. Further details of Grandace Investments are set out in the section headed “Information on Grandace Investments” below. HK$50,000,000 (subject to adjustments), payable in the following manner unless otherwise agreed by the parties:

Assets to be disposed of. Subject to the terms and conditions of the Agreement, the Company has agreed to sell and the Purchaser has agreed to purchase the Sale Shares, comprising all the issued shares of Getbetter and all the issued shares of B&S. Prior to the Disposal, the Company is the legal and beneficial owner of the Sale Shares and the Target Companies. Upon completion of the Disposal, the Company will not hold any interest in the Target Companies, and the Target Companies will cease to be subsidiaries of the Company. (a) Company name : Getbetter Enterprises Limited Date of incorporation : 6 January 2005 Place of incorporation : British Virgin Islands Shareholder : The Company Nature of business : Investment holding (b) Company name : Big Pictures Limited Date of incorporation : 3 January 2005 Place of incorporation : Hong Kong Shareholder : Getbetter Nature of business : Film production in Hong Kong (c) Company name : Big Artiste Management Limited Date of incorporation : 26 January 2005 Place of incorporation : Hong Kong Shareholder : Getbetter Nature of business : Artiste management in Hong Kong (d) Company name : Total Big Limited Date of incorporation : 18 June 2008 Place of incorporation : Hong Kong Shareholder : Getbetter Nature of business : Film production in Hong Kong (a) Company name : B&S Group Limited Date of incorporation : 20 March 2002 Place of incorporation : British Virgin Islands Shareholder : The Company Nature of business : Investment holding (b) Company name : Fleur Group Limited Date of incorporation : 2 January 2002 Place of incorporation : British Virgin Islands Shareholder : B&S Nature of business : Holding of copyrights in Hong Kong (c) Company name : Best Faith (Hong Kong) Limited Date of incorporation : 16 May 1997

Assets to be disposed of. Pursuant to the Share Transfer Agreement, the Vendor has agreed to sell and the Purchaser has agreed to purchase the Target Interest, which represents 55% equity interest in Jilin Storage. Upon Completion, the Company will no longer have any equity interest in Jilin Storage. Pursuant to the Share Transfer Agreement, the Consideration is RMB33,039,200 (equivalent to approximately HK$41,299,000) which shall be paid in cash in the following manner:

Assets to be disposed of. Pursuant to the HK PropCo Agreement, the HK Vendor shall conditionally agree to sell the Sale Shares and assign the Sale Loan, and the HK Purchaser shall conditionally agree to purchase the Sale Shares and take up the assignment of the Sale Loan, free from all encumbrances at the Disposal Consideration. As at the date of this announcement, the HK Vendor is the legal and beneficial owner of all the issued shares of the HK PropCo and the HK Vendor has advanced to the HK PropCo shareholder’s loan in the amount of approximately HK$151,016,000. The Sale Shares, representing 80% of the entire issued share capital of the HK PropCo, and the Sale Loan, representing 80% of the amount of shareholder’s loan owing by the HK PropCo to the HK Vendor at the Disposal Completion are proposed to be disposed of to the HK Purchaser pursuant to the HK PropCo Agreement. The HK PropCo is the sole shareholder of Subsidiary A, which in turn is the sole shareholder of Subsidiary

Assets to be disposed of. The Sale Shares shall be acquired by the Transferee free from all encumbrances as at the Completion Date. Pursuant to the terms of the Agreement, the total Consideration is RMB40,000,000 (equivalent to approximately HK$48,000,000), which shall be paid by the Transferee to the Transferor in the following manner:

Assets to be disposed of. Pursuant to the Framework Agreement, subject to the entering of the Definitive Agreements, SOHO China (Hong Kong) has conditionally agreed to sell and the Purchaser has conditionally agreed to purchase the entire issued share capital of the Target Company. The initial Consideration for the Proposed Disposal is RMB2,953,942,221.43, which shall be payable by the Purchaser to the Seller in the following manners:

Assets to be disposed of. Subject to the fulfillment or waiver (as the case may be) of the Conditions Precedent, the Seller agreed to sell, and the Buyer agreed to buy the following free from all encumbrances: