transaction based on the criteria under the Notifications on Acquisition or Disposal of Assets and based upon the 3-month interim consolidated financial statements ended 31 March 2020 of the Company, reviewed
. The transaction size is equivalent to 98.67 percent of the net tangible assets (NTA) of the Company as appeared in the reviewed consolidated financial statement of the Company ending June 30, 2019, and
98.67 percent of the net tangible assets (NTA) of the Company as appeared in the reviewed consolidated financial statement of the Company ending June 30, 2019, and after computing of the foregoing with
Agreement with Factory and Office Building Determining the consideration value is from negotiation and agreement between the Parties. The Company has taken seriously into account of the business plan and the
100 per share) which is accounted for 38.00 percent of registered capital after the capital increase of Seahorse. And Seahorse plan to invest in the cargo and passengers-ship project between eastern
. The Company has taken seriously into account of the business plan and the Company’s interest and benefit. 3.2 Machinery Purchase Agreement Determining the consideration value is conducted by comparing
statements comprise of the consolidated financial statements and the separate financial statements as compared with the financial statements for the same period in the year 2017 ended December 31, 2017. The
www.nationgroup.com criteria under the Notifications on Acquisition or Disposal of Assets and based upon the consolidated financial statements for the period ended 30 September 2019 of the Company, reviewed by the
size is equivalent 4 to 98.67 percent of the net tangible assets (NTA) of the Company as appeared in the reviewed consolidated financial statement of the Company ending June 30, 2019, and after computing
2017 ended June 30, 2017. Such financial statements comprise of the consolidated financial statements and the separate financial statements as compared with the financial statements for the first six