EXEMPT CONTINUING CONNECTED TRANSACTIONS Sample Clauses

EXEMPT CONTINUING CONNECTED TRANSACTIONS. The Contractual Arrangements
EXEMPT CONTINUING CONNECTED TRANSACTIONS. Hospital Management and Cooperation Agreements Name of Managed Hospital Term of cooperation with us
EXEMPT CONTINUING CONNECTED TRANSACTIONS. The continuing connected transactions below are subject to the reporting, annual review and announcement requirements For the year ended For the year ending 31 December 31 December
EXEMPT CONTINUING CONNECTED TRANSACTIONS. Continuing connected transaction subject to reporting, annual review and announcement requirements
EXEMPT CONTINUING CONNECTED TRANSACTIONS. After completion of the Global Offering, the following transactions will be regarded as continuing connected transactions exempt from the reporting, announcement and independent shareholdersapproval requirements under Rule 14A.33 of the Listing Rules.
EXEMPT CONTINUING CONNECTED TRANSACTIONS. The following transactions will constitute continuing connected transactions for the Company under Rule 14A.33(3) of the Listing Rules after the Listing Date and will be exempt from the reporting, announcement and independent shareholdersapproval requirements under Chapter 14A of the Listing Rules. On 4 September ▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇ entered into a tenancy agreement with Richzone (the “Tenancy Agreement”) under which Richzone agreed to lease to Wealthy Rise various rooms situated at Units 4001-09, Office Tower, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇.▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇ for a term of two years commencing on 1 September 2007 and expiring on 31 August 2009 at a monthly rental of HK$54,584.00 per calendar month. The rent was comparable to the prevailing market rate and Vigers Appraisal and Consulting Limited, an independent property valuer, has confirmed that the rental payable under the Tenancy Agreement is comparable to the then prevailing market rate. Richzone is owned as to 50% by PEC, which is wholly-owned by ▇▇. ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ and as to 50% by ▇▇. ▇▇▇ ▇▇▇ Keung. ▇▇. ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ is a non- executive Director. ▇▇. ▇▇▇ ▇▇▇ Keung is a director of Jinzhou Huachang. Richzone is therefore an associate of each of ▇▇. ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ and ▇▇. ▇▇▇ ▇▇▇ Keung and hence a connected person of the Company upon Listing. As each of the applicable percentage ratios under Chapter 14A of the Listing Rules in respect of the annual rental under the Tenancy Agreement is less than 0.1% on an annual basis, the transactions under the Tenancy Agreement will constitute exempt continuing connected transactions for the Company under Rule 14A.33(3)(a) of the Listing Rules after the Listing and will be exempt from the reporting, announcement and independent shareholders’ approval requirements set out in Rules 14A.45 to 14A.48 of the Listing Rules. The Directors considered that the Tenancy Agreement was entered into on normal commercial terms.
EXEMPT CONTINUING CONNECTED TRANSACTIONS. Upon the completion of the Global Offering, the following transactions will be regarded as continuing connected transactions subject to the reporting, announcement and annual review requirements under Rule 14A.34 of the Listing Rules.
EXEMPT CONTINUING CONNECTED TRANSACTIONS. The following transactions are made in the ordinary and usual course of business and on normal commercial terms or better which will be regarded as non-exempt continuing connected transactions of our Company under Chapter 14A of the Listing Rules.
EXEMPT CONTINUING CONNECTED TRANSACTIONS. 1. Trademark License Agreement 2. Trade Name License Agreement
EXEMPT CONTINUING CONNECTED TRANSACTIONS. Foo Hang is a company which shares are owned by the associates of ▇▇ ▇▇, an independent non- executive Director. ▇▇▇ ▇▇▇ is a company which shares are ultimately owned by ▇▇ ▇▇ and his associates. Accordingly, each of Foo Hang and ▇▇▇ ▇▇▇ is a connected person of the Company under the Listing Rules and the New Tenancy Agreements constitute continuing connected transactions of the Company for the purpose of the Listing Rules. Based on the monthly rental, air-conditioning charges and management fees payable under the Previous FH Tenancy Agreement and the New FH Tenancy Agreement as well as additional air- conditioning charges in the event the tenant uses air-conditioning services after normal hours, it is expected that the aggregate annual maximum amount payable under the Previous FH Tenancy Agreement and the New FH Tenancy Agreement for each of the two years ending 30 September 2009 and 2010 should not exceed HK$2,596,000 and HK$1,319,000 respectively. Based on the monthly rental, air-conditioning charges and management fees payable under the Previous WL Tenancy Agreement and the New WL Tenancy Agreement as well as additional air- conditioning charges in the event the tenant uses air-conditioning services after normal hours, it is expected that the aggregate annual maximum amount payable under the Previous WL Tenancy Agreement and the New WL Tenancy Agreement for each of the two years ending 30 September 2009 and 2010 should not exceed HK$1,253,000 and HK$467,000 respectively. As the relevant applicable percentage ratios calculated under Rule 14.07 of the Listing Rules in respect of the aggregate annual consideration payable to the Company under the New Tenancy Agreements and the Previous Tenancy Agreements for each of the two years ending 30 September 2009 and 2010 are more than 2.5% but less than 25% and the annual consideration is less than HK$10,000,000, in accordance with Rule 14A.34 of the Listing Rules, the New Tenancy Agreements are only subject to the reporting, announcement and annual review requirements under the Listing Rules but are exempted from the independent Shareholdersapproval requirements under the Listing Rules.