Common use of Basis of Consideration Clause in Contracts

Basis of Consideration. Upon completion, UFSB shall issue one (1) ordinary share at an issue price of RM1.00 to SASB and the existing shareholder of UFSB shall transfer his existing shareholding in UFSB consisting of one (1) ordinary share at an issue price of RM1.00 to DASB on a willing-buyer willing-seller basis.

Appears in 2 contracts

Sources: Joint Venture and Shareholders Agreement, Joint Venture and Shareholders Agreement