In particular, it is subject to the condition that the underwriting contract is not terminated in accordance with its conditions. Based on the results of the open offer, HSBC is expected to be established on the first expected day of trading in the bid shares to demonstrate that the songwriter has become the majority shareholder of the company. If the songwriter exercises this right of termination, the subscription agreement will not be unconditional and the open offer will not be continued. DOCUMENT DESCRIPTION – ———– ——————————————————————————— **1.1 Form of subscription agreement. This expanded obligation of underwriters must be set out in the subscription agreement, the subscription agreement and the agreement relating to the members of the tender panel. Another announcement is made when the subscription agreement is terminated by the underwriter. . . .