held shares of the management company exceeding five percent of the total outstanding shares of the management company (2) Such person has held shares of the person under (1) exceeding thirty percent of
bondholders are prescribed to be subordinate to those of the ordinary creditors. “convertible bond” means a bond that may be converted into newly issued shares of the issuer of such convertible bond
lower market price” means an offer for sale of newly issued shares having the selling price below 90 percent of the market price. In this regard, the market price and the selling price shall be calculated
under the IPO is limited to not exceeding 30 percent of BBGI’s total issued shares post-IPO. These IPO shares will be divided into two tranches for offering and allocation as follows: Up to 20 percent
affect to the benefit of UAC existing shareholders, the Meeting has resolved to approve to allocate UAPC newly issued shares to UAC existing shareholders by proportion (Pre-emptive Right) amounting
shareholding of 76.09 percent of the total issued shares of the Company (after registration of the Company’s paid-up capital)2. In this regard, the Allocation and Offering of the Newly Issued Ordinary Shares of
Company with a shareholding of 76.09 percent of the total issued shares of the Company (after registration of the Company’s paid-up capital)2. In this regard, the Allocation and Offering of the Newly Issued
Shares of the Company under the Debt to Equity Conversion Scheme, ACO I will become a majority shareholder of the Company with a shareholding of 76.09 percent of the total issued shares of the Company
Warrants. The Company is also not required to arrange a meeting of shareholders because there is no issuance of newly issued shares by the Company to Clause 1.6.1 of the terms and Conditions Governing the