编辑: LinDa_学友 | 2014-01-26 |
CO brand, and the provision of related after-sale services. Subject matter Pursuant to the Disposal Agreement, Zhejiang Jirun has conditionally agreed to sell, and LYNK &
CO Investment has conditionally agreed to acquire, the entire equity interests in the Disposal Company. Details of the Disposal Group are set out in the section headed INFORMATION ON THE DISPOSAL GROUP below. -
2 - Upon completion of the Disposal, the Group will no longer hold any interests in the Disposal Group, and the financial results of the Disposal Group will no longer be consolidated into the financial statements of the Group. Consideration Subject to the fulfilment or waiver (as the case may be) of the conditions precedent to the Disposal Agreement, the consideration for the Disposal will be payable in cash by LYNK &
CO Investment to Zhejiang Jirun on the date of completion of the Disposal Agreement. The consideration for the sale of the entire equity interests in the Disposal Company to LYNK &
CO Investment is RMB100,000,000, which was determined after arm'
s length negotiations between Zhejiang Jirun and LYNK &
CO Investment and represents the registered capital of the Disposal Company contributed by the Group as at the date of the announcement since the Disposal Group is newly established with no material activities being carried out prior to the Disposal. Conditions precedent Completion of the Disposal will be conditional upon the fulfilment or waiver (as the case may be) of the following conditions: (i) If applicable, the approval of the transactions contemplated under the Disposal Agreement by the Independent Shareholders in compliance with the Listing Rules;
(ii) the obtaining of all other consents, approvals and authorizations, including any approvals or consents tha........