leasehold rights is a potential investment that is in accordance with the business strategy of the Company’s group. Accordingly, the transaction is appropriate and beneficial to the Company and its
of the shareholders attending the meeting and having the right to vote, excluding shareholders having interests. The Board of Directors, therefore, deemed appropriate to propose the abovementioned
, deemed appropriate to propose the abovementioned transaction to the shareholders’ meeting for further consideration and approval. Details on the transaction are as set out in Information Memorandum Re
vote, excluding shareholders having interests. 3 The Board of Directors, therefore, deemed appropriate to propose the abovementioned transaction to the shareholders’ meeting for further consideration and
remaining from the allocation of the newly-issued shares or calculation for allocation ratio of each shareholder, to round down such fraction or undertake other actions as deemed necessary and appropriate in
registration statement and the draft prospectus, if the SEC Office views that it is necessary and appropriate to provide investors with material information that is sufficient for making investment decisions
. Clause 23 In deliberating the information in a registration statement and draft prospectus, if the SEC Office considers that it is necessary and appropriate to ensure that the investors will have
appropriate capital management, having prepared operating cash flows statements every day to acknowledge the daily cash-in and cash-out, in order to learn about liquidity, debt service coverage and sources of
generally accepted accounting standards. (4) Liquidity and Capital Sufficiency The Corporate Group has appropriate capital management, having prepared operating cash flows statements every day to acknowledge
conditions in the summary of the Undertaking Agreement as appropriate such as the period for the Company to hold the Trust Units, non- competition with WHART Trust, the rental amount and period for paying the