independent appraiser. (3) The Company has duly and completely complied with the rules on connected transactions pursuant to the relevant laws and regulations. Therefore, the Board of Directors’ Meeting
the benefit of compliance with the requirements under this Notification in order to instruct appropriate and corresponding practicality. In case of having complied with such guideline, it shall be
benefit of compliance with the requirements under this Notification in order to instruct appropriate and corresponding practicality. In case of having complied with such guideline, it shall be deemed that
ended March 31, 2019 As of March 31, 2019, the Company and its subsidiaries had significant business with connected entities. Such business is complied with the commercial conditions and criterions as
- Lease at 1.27 times which complied with debenture’s covenant and company’s policy to have IBD/E ratio not exceed 1.75 and 1.50 times, respectively. The increase in liabilities was for the funding for the
approval for an offer for sale of newly issued sukuk, which certifies at least the followings; (a) the approval for sale of such sukuk has fully complied with the regulations prescribed by this Notification
obligations under the bonds in foreign currency. 4 Clause 5 With respect to the offering of structured notes, the following criteria shall be complied with: (1) for the offering of structured notes whereby the
disclosure of information in such manner is complied with, as well as compliance with the commitments specified in the depositary agreement; (d) additional work system relating to appointment of foreign
complied with the commercial conditions and criterions as agreed between the Company, its subsidiaries and connected entities as routine business operations, which could be summarized as follows: (Unit