Common use of The Subscription Clause in Contracts

The Subscription. On 14 November 2021, the Company entered into the Subscription Agreement with the Subscriber, pursuant to which the Subscriber has conditionally agreed to subscribe for and the Company has conditionally agreed to allot and issue, on the date of the Subscription Completion, 538,942,750 Subscription Shares at the Subscription Price of HK$0.882 per Subscription Share, at an aggregate consideration of HK$475,347,506. The principal terms of the Subscription Agreement are as follows:

Appears in 2 contracts

Sources: Subscription Agreement, Subscription Agreement