Estimated Shareholding of the Company after IPO Not less than 62.68% shareholding Proposed Transaction parties Publicly trade in Taiwan stock exchange market (the “TWSE”) Estimated completion date Q1/FY2021
also been a completion of COD of 5 SPPs since the second quarter of 2017 to the first quarter of 2018, adding the Company’s Equity MW under operation to 510.5 MW • Financial costs decreased by 30.8
been a completion of COD of 4 SPPs since the fourth quarter of last year i.e. Bowin Clean Energy performed in the fourth quarter of 2016, Gulf VTP achieved on schedule the second quarter of 2017, Gulf
drawn from the company’s retained earnings already subject to 30% corporate income tax. Payment date has been set for Tuesday, May 21, 2019. 2. The 5 directors due to retire upon term completion are as
completion of COD of 5 SPPs since the second quarter of 2017 to the first quarter of 2018, adding the Company’s Equity MW under operation to 510.5 MW • Finance costs decreased by 25.3%, mainly from the fact
that had a planned maintenance. Moreover, there have also been a completion of COD of 5 SPPs since the second quarter of 2017 to the first quarter of 2018, adding the Company’s Equity MW under operation
maintenance. Moreover, there has also been a completion of COD of 5 SPPs since the second quarter of 2017 to the first quarter of 2018, adding the Company’s Equity MW under operation to 511 MW. Such impact from
to Clause 7 shall commence upon completion of establishment of mutual funds or establishment of trusts, as the case may be. Clause 10 The appraisal of assets disclosed or used in preparation of reports
Agreement”), which the completion of such will be conditional upon the fulfilment of condition precedent and satisfactory completion of the legal due diligence 2. Parties involved and Relationship with the
income in the future. 8.2 The Company anticipates that the project will expand and increase its business opportunities, as well as enhance its competitiveness. 8.3 After the completion of the projects, the