more clearer in order to propose for further approval by the Extraordinary General Meeting of Shareholders No. 1/2018. Details of which are as shown in the Information Memorandum on the Asset Disposal
forecasted to increase 9.5 percent annually. The government has a policy to connect all villages to the national grid by 2020 and import more energy from neighboring countries to fulfil its growing demand
domestic and international arena with a strong commitment in growing the energy business by innovatively develop the Energy Storage System (ESS) to become a leading, innovative and sustainable global power
due to its low season.The company still retained its second highest rank in retail market, with a growing market share. The cumulative market share from January to August 2018 was 15. 8% . The number of
relevant approval by the shareholders meeting. The Company shall invite business operators and the general public interested in the acquisition of the assets to offer a bidding price for each asset in
waived by the seller and the company) : (a) The company is granted approval by the company’s shareholders to enter into the shares purchase transaction. (b) The company is granted relevant approval by the
to the conditions of the SPA, the company must fulfill two Conditions Precedents (CP) as followed: (a) The company is granted approval by the company’s shareholders to enter into the shares purchase
intangible asset – Total Liability – Non-controlling interest (if any) Cannot be calculated as on the transaction approval date, Target Company has not yet been incorporated. 2. Comparison of net profit