PERCENTAGE RATIOS Sample Clauses
The Percentage Ratios clause defines how certain financial or quantitative thresholds are calculated and applied within an agreement, typically by expressing one figure as a percentage of another. In practice, this clause is often used to determine whether a transaction or event meets specific criteria, such as materiality thresholds for disclosures or approvals, by comparing relevant figures like assets, profits, or revenues. Its core function is to provide a standardized and objective method for assessing the significance of transactions or events, thereby ensuring consistency and clarity in contractual decision-making.
PERCENTAGE RATIOS. The highest percentage ratio applicable for the Proposed JV, pursuant to Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 8.5%. None of the Directors and/or major shareholders of MPC and/or persons connected with them have any interests, direct or indirect, in the Proposed JV.
PERCENTAGE RATIOS. Based on the Provisional Total Project Sum, the highest percentage ratio for the Proposed Construction pursuant to Paragraph 10.02(g) of the Listing Requirements exceeds 100% based on the latest audited financial statements of MRCB for the financial year ended 31 December 2017.
PERCENTAGE RATIOS. The percentage ratio applicable for the Proposed Acquisition calculated based on the audited financial statements of MBMR on consolidated basis for the financial year ended 31 December 2016 are as follows:- Transaction 1 1,508,220.00 0.0939 Transaction 1 238,140.00 0.0148
PERCENTAGE RATIOS. The highest percentage ratio applicable to the transaction pursuant to Rule 10.02(g) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (“Listing Requirements”) is 22.40%.
PERCENTAGE RATIOS. The highest percentage ratio applicable to the Transaction pursuant to Paragraph 10.02(g) of the MMLR of Bursa Securities is 2.16% based on the Audited Financial Statements of the Company for the financial year ended 30 June 2017. Hence, this announcement is made by the Company on a voluntary basis.
PERCENTAGE RATIOS. The highest aggregate percentage ratio applicable to the Proposals is approximately 10.60% pursuant to paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
PERCENTAGE RATIOS. The percentage ratios pursuant to Paragraph 10.02(g) of the Listing Requirements applicable to the Proposed Award of Contract produce anomalous results. Notwithstanding the above, the Board believes that in view of the related parties’ interests in the Proposed Award of Contract and the Agreement being a long term contract, the Company has set as a Condition Precedent to the Agreement, the seeking of approval of its non-interested shareholders for the Proposed Award of Contract.
PERCENTAGE RATIOS. Based on the provisional PDP Fees and the Reimbursables, the highest percentage ratio for the Proposed PDP Contract pursuant to Paragraph 10.02(g) of the Listing Requirements is 7.77% based on the latest audited financial statements of MRCB for the financial year ended 31 December 2015.
PERCENTAGE RATIOS. The highest percentage ratio applicable to the Joint Venture pursuant to Chapter 10 of Bursa Securities Listing Requirements computed based on Salcon’s audited consolidated financial statements for the financial year ended 31 December 2021 is 30.78%.
PERCENTAGE RATIOS. The highest percentage ratio applicable for the Privatisation Agreement, pursuant to Chapter 10 of the Main Market Listing Requirements of Bursa Securities is 7.12%.