capital increase, VAVA agrees not to sell the newly issued ordinary shares (Silent Period) which receives from subscription for a period of 1 year from the trading date on the SET. Upon the expiry of the 6
facts which, in general, shall be considered from- (a) period and frequency of unlawful act; (b) such unlawful act indicated deficiency in operational or internal control system and such operational or
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common control with another entity. performs analytical functions that are necessary for the issuing or monitoring of a credit rating or participates in determining credit ratings, including an employee
for correctness [of fault action], control [of impact] and punishment [for wrongdoing] in proportion to the seriousness of their actions. Clause 9 In case the association determines the guideline
this Notification, the intermediary shall have measures for correctness [of fault action], control [of impact] and punishment [for wrongdoing] in proportion to the seriousness of their actions. Clause 9
decrease in share of profit or voting rights in CAZ decreased from 51.30% to 36.64% or equivalent to 14.66%. However, CAZ will still be the Company’s subsidiary after IPO as the Company still has control