Certain defined terms This document comprises the Annual Report and Accounts 2020 for The Hongkong and Shanghai Banking Corporation Limited ( the Bank ) and its subsidiaries (together the group ). References to HSBC , the Group or the HSBC Group within this document mean HSBC Holdings plc together with its subsidiaries. Within this document the Hong Kong Special Administrative Region of the People s Republic of China is referred to as Hong Kong . The abbreviations HK$m and HK$bn represent millions and billions (thousands of millions) of Hong Kong dollars respectively. Cautionary statement regarding forward-looking statements This Annual Report and Accounts contains certain forward-looking statements with respect to the financial condition, results of operations and business of the group.
by (to be implemented by way of an amalgamation under the Bermuda Companies Act) Summary Jardine Matheson and Jardine Strategic are pleased to announce that Jardine Strategic has agreed to a proposal made by Jardine Matheson on the terms of a recommended cash acquisition by Jardine Matheson of the 15 per cent. of Jardine Strategic s issued share capital which Jardine Matheson or its wholly-owned subsidiaries do not already own (the Acquisition ). The Acquisition will be implemented by way of an amalgamation under the Bermuda Companies Act. Under the Bermuda Companies Act, a special general meeting of Jardine Strategic will be convened to consider and vote on the Acquisition ( Special General Meeting ) and all shareholders of Jardine Strategic ( Jardine Strategic Shareholders ), including Jardine Matheson and its subsidiaries, are entitled to vote at that Special General Meeting.
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