and approve the entering into the transaction. The Company expected to terminate the lease agreement and receive full payment within the first quarter of 2018 after obtaining the approval from the
the Transaction after obtaining approval at the 2018 Annual General Meeting of Shareholders of the Company, which will be held on July 5, 2018, and the conditions precedents provided under a share sale
Voluntary Tender Offer (the “VTO Letter”). According to the VTO Letter, the conditional voluntary tender offer for the securities shall commence upon completion or obtaining the waiver of the following
this regard, the SEC Office may also impose conditions on the intermediary obtaining such waiver. Clause 5 For communication with and providing services to clients, an intermediary shall provide or offer
behaviors such as the monetary amount involved, the volume of transactions involved, the person obtaining benefits, being the principal, instigator or supporter, with premeditation or gross negligence; (2
utilization rate to available capacity, and eventually a higher cost of goods produced and low margin. To offset a slowdown in orders, the Company reduced costs by obtaining better sources of raw materials
Information of the Connected Transaction 1. Date, Month, Year of the Transaction and the Related Parties Date of the Transaction After obtaining the approval from the Board of Directors Meeting No. 1/2018
in the business operation. Currently, GSTEL is in the process of obtaining loan facilities from the new lender. Upon the funding completion, the short term loan will be promptly repaid by GSTEL. Total