effective system to prevent such conflict; and (b) the most recent financial statement of the applicant shall be audited with an opinion of auditor approved by the SEC Office. 6 Amended by the Ministerial
the fund upon an approval from the Office in case as specified in Clause 14 or clearly specified in mutual fund management scheme and prospectus or approved by the resolution from unitholders in case of
the affiliated transaction for the fund upon an approval from the Office in case as specified in Clause 14 or clearly specified in mutual fund management scheme and prospectus or approved by the
the limitation of dividend payment. 10. Opinion of the Company’s Board of Directors Concerning the Transaction The Board of Directors unanimously approved the transaction due to its consideration and
June 21, 2019, The Board of Directors of Electricity Generating Public Company Limited (EGCO) approved the investment in Gangdong Fuel Cell Project (Gangdong), located in Gangdong-gu, Seoul, South Korea
shareholders as when the investment was previously approved. Therefore, the Company has sought for investors who are interested in the project and it is currently under the negotiation. 4. Investment in the
scheduled in PPA, and construction cost is in line with the budget approved by lenders. This achievement would enable us to keep record of managing the project to commence COD in time and in budget for 27
. Nevertheless, the Company opines that operation of the project may result in an inability to acquire the benefits to the Company and for shareholders as when the investment was previously approved. Therefore
. Approval to appoint I V Global Securities Plc. as the financial advisor whose name is on the approved list of the Office of the Securities and Exchange Commission, as the independent financial advisor in
scheduled in PPA while the construction cost was also in line with the budget approved by shareholders. This achievement would enable us to keep record of managing the project to commence COD in time and in