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AJL is a substantial shareholder of the Company (72.9% of the Company’s issued and outstanding Common Shares). As a result, entering into the New Facility constitutes a related party transactions.
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Now, he’ll exit the company almost entirely, stepping down as chairman of the board but maintaining a stake in WeWork.
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Listed Company: The expat applicant must be employed at any company, listed in the particular bank’s approval list. Few banks.
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