used to repay debts and the rest will be used as working capital. The Company still have other assets such as office decorations, vehicles or computer software licenses. 4. Purpose of Transaction : The
(Net profit ( loss) for the period) in general fund not less than 70 % to other funds and kept as working capital in the general 10. Therefore, for the year ended 31 May 2017 the company’s total net
previous year, as the Company mostly relied on its own working capital ratherthan lending from financial institutions. For the 2d quarter of 2O17, according to the financial statement, in which the equity
. Sources of fund (if any) Working capital of the Company. 6. The opinion of Company’s Audit Committee and Board of Directors of the Company The Audit Committee and Board of Directors (excluding connected
of Capital Flow The Company will use its excess cash flow for this acquisition and still have adequate working capital for its ongoing operations. 8. Opinion of the Board of Directors on the
adequate working capital for its ongoing operations. 8. Opinion of the Board of Directors on the Transaction The Board of Directors’ Meeting No.3/2017 held on 24 August 2017 considered the Transaction as
Payment : Monthly Other Conditions : None Objectives : To be used for working capital of FKT (4) Total Value, Size of the Transaction, and Criteria to Value the Transaction 4.1) Total Value of Transaction
, trade account payable and other account payable for working capital, investment in real estate project, and deposit and advance received from customers. At the present time, there are 14 projects
long-term loan borrowing from financial institutions, trade account payable and other account payable for working capital, investment in real estate project, and deposit and advance received from
received from the issuance of the newly issued shares to existing shareholders (Rights Offering) and to the specific investors (Private Placement) for the restructure of the capital, internal working capital