, minutes of the shareholders’ meeting, the memorandum of association, and/or application and/or any other actions necessary to comply with instruction of the registrar during the registration process for the
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 to the investor, the investor will represent 40 percent of the Company’s total issued shares (after the paid-up capital registration). Therefore, such issuance and allocation of newly issued
allocation of newly issued ordinary shares to the investor, the investor will represent 40 percent of the Company’s total issued shares (after the paid-up capital registration). Therefore, such issuance and
. 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
consolidated financial statement after deducting corporate income tax, if there is no other reason such as reserve for loan repayment, business expansion, or the event of changes in market conditions which may
Business Operations in relation to Shareholders’ Meetings. 2 A person designated by the Board of Directors to proceed the registration of the amendments to the Articles of Association with the Department of
by the Board of Directors to proceed the registration of the amendments to the Articles of Association with the Department of Business Development, Ministry of Commerce, 15 shall be authorized to make