Previous Circular definition
Examples of Previous Circular in a sentence
Details of the reasons and benefits for the commissioning of AsiaSat 5 were set forth in the Previous Circular.
As disclosed previously by the Company in the Announcements and in the Previous Circular, AsiaSat 5 will replace AsiaSat 2 at the orbital position of 100.5 degree East and allow AsiaSat to maintain its market competitiveness and continue to offer the service at the strategic orbital position at which AsiaSat 2 is now located.
The Original Transactions as disclosed in the Previous Circular constituted a major transaction of the Company under Chapter 14 of the Listing Rules and written Shareholders' approval for the Original Transactions had been obtained.
On completion of the proposed exercise of the Roll-Up Call Option, Biostime Australia, Biostime Australia Holdings and the Target Minority Shareholders would enter into the Roll-Up Shareholders’ Agreement and the Existing Shareholders’ Agreement as described in the Previous Announcement and the Previous Circular in relation to the Target Company would terminate.
The principal terms of the Roll-Up Shareholders’ Agreement would be identical to those in the Existing Shareholders’ Agreement as set out in the Previous Circular, subject to, among others, the grant of the Holdco Put Option and the Holdco Call Option as defined and described above.
Reference is made to the Previous Announcement and Previous Circular relating to the AsiaSat 5 Launch Contract entered into by AsiaSat and ILS for the launch of AsiaSat 5.
This will in turn facilitate an eventual full subscription and issuance of all three (3) tranches of the Notes for the Group to raise adequate funds to be channelled to the projects as explained in details in Section 2.9 of the Previous Circular.
As disclosed in the Previous Circular, members of the Target Group have been accounted for as subsidiaries of the Company after completion of the Acquisition and as at the date of this announcement, the audited consolidated financial statements of the Company for the year ended 31 December 2012 have not been published.
Set out below is the audited financial information of the Target Group for the years ended 30 June 2014 and 30 June 2015, and as at 30 June 2015, extracted from the consolidated audited financial statements of the Target Group which were included in the Previous Circular.
Reasons for and benefits of the Revised Caps The reasons for and benefits of entering into the New Master Supply Agreement have been set out in the Previous Announcement and the Previous Circular.