Negros PH Solar Inc. (“NPSI”), in the Philippines, which is the solar power operator, from the existing shareholders of NPSI in the amount of 10,000 ordinary shares, representing 40 percent of the total

Solar Inc. (“NPSI”), in the Philippines, which is the solar power operator, from the existing shareholders of NPSI in the amount of 10,000 ordinary shares, representing 40 percent of the total issued

in the amount of 10,000 ordinary shares, representing 40 percent of the total issued shares of NPSI, which is the maximum shareholding percentage allowed under the laws of the Philippines. The shares

”), in the Philippines, which is the solar power operator, from the existing shareholders of NPSI in the amount of 10,000 ordinary shares, representing 40 percent of the total issued shares of NPSI, which

operator, from the existing shareholders of NPSI in the amount of 10,000 ordinary shares, representing 40 percent of the total issued shares of NPSI, which is the maximum shareholding percentage allowed

100 Net profit of Listed Company N/A Calculation Basis Formula Total (%) 3. Total value of consideration Acquisition Value x 100 Total assets of Listed Company 24.55% 4. New shares offering Newly issued

this regard, the applicant shall calculate the dilution from the total shares asked for approval from shareholders; (3) method for allocating convertible bonds; (4) in case the applicant is a listed

, ACO I will directly hold 76.09 percent of the total issued shares of the Company (after registration of the Company’s paid-up capital)2, will nominate new directors to hold more than half of the board

than 25 percent of total number of shares with the voting right of the issuer who issues underlying shares; (2) having more than 25 percent of their total number of shares with voting right held

shares in SGAH in the amount of 4,977 shares at the par value of USD 1, representing 24.89% of all registered and paid-up shares of SGAH, at the total value of USD 25 million or equivalent to approximately