The loans bear an interest rate of five percent and became due one year from the date of disbursement of the loan proceeds. As of December 31, 2004, the principal amounts originally lent to Shi Qixiang and Lu Yong of approximately US$691,000 had been repaid. Although we have attempted ...
We have entered into loan agreements with four related parties, the proceeds of which were used to purchase our ADSs, in the aggregate principal amount of approximately US$777,000. The loans bear an interest rate of five percent and became due one year from the date of disbursement of the ...
On April 21, 2006, the last reported sales price for our common stock on the Nasdaq National Market was $26.41 per share. The Board of Directors believes it is in the interest of Sohu and its stockholders to adopt the proposed amendment to the Stock Incentive Plan. The Board believes the...
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As of June 30, 2021, other current assets primarily include a temporary working capital loan that the Company provided to an unrelated party. This loan is unsecured, interest free, and is expected to be fully repaid to the Company for the year ending December 31, 2021. 8. Long-term invest...
while we expect to have some short-term residual impact on merchandise sales from the incident, we believe we will continue to strengthen our leading market position. We are also introducing Adjusted EBITDA guidance as we believe this provides investors with an additional metric that reflects ...
Interest expense 197 136 367 281 5,174 4,480 9,984 9,019 Income before income tax expense 1,205 190 1,385 1,020 Income tax expense (82 ) (97 ) (185 ) (217 ) Net income 1,123 93 1,200 ...
Wells Fargo Beats Expectations but Sets Aside Money for Loan Losses Stacy Cowley – The New York Times Higher interest rates and rising loan balances helped Wells Fargo top analysts’ expectations for the second quarter, even as it socked away more money as a buffer against bad loans. /jlne....
On August 3, 2020, we completed the acquisition of an additional 25% equity interest in an unconsolidated affiliate that operates KFC stores in and around Suzhou, China (“Suzhou KFC”), for cash consideration of US$149 million, increasing our equity interest in Suzhou KFC to 72%, which all...
On July 22, 2016, the Company entered into the Fourth Amendment to the Facility Agreement to change the timing of filing certain financial information with the bank. Loans under the Facility Agreement bear interest, at Fabrinet’s option, at a rate per annum equal to a LIBOR rate plus a ...