approval of a shareholders’ meeting. In the board’s opinion, this Transaction is appropriate, reasonable and beneficial to UWC. The Transaction is carried out in accordance with UWC’s revised business plan
and/or any suibsidiaries of ETP and to proceed for an appropriate settlement method to ensure that there is no such outstanding loan as at Completion Date. 8.5 The Seller shall be responsible for any
, specify the names of the persons or the groups of persons who are mainly the actual REIT unitholders, unless there is an appropriate reason provided that the ultimate REIT unitholders remain unknown; 7.4
keeping the capital costs at an appropriate level and strive to maintain the financial ratio that are keys to credit rating consideration such as Net Debt to EBITDA. However, there is no debt covenant that
appropriate, but there is no accumulated loss in the shareholders' equity 7.2 The subscriber of capital increase shares will be entitled to receive dividends from the company's operations. Starting from the
the spread of COVID-19, the company has prepared measures to ensure stability of the electricity and utilities systems, for example: the Business Continuity Plan: BCP, safe house preparation for field
, financial advisor and legal consultant opined that the investment in the Target Group Hotels and Resorts through the purchase of equity in the Target Company is appropriate and reasonable in line with the
used for loan repayment and working capital for the Company. 11. Opinion of the Board of Directors on the transaction The Board of Directors considered that this transaction is appropriate and beneficial
appropriate manner. Banks need to maintain a sufficient level of liquid assets to cope with potential cash outflows in the event of a crisis in accordance with the requirements of Basel III. Banks also have