Warrants Adjustment of Warrants The Company will be required to adjust the exercise price and/or ratio upon the occurrence of any of the following events; (1) in case of a change in par value of the
before the date of the shareholders' meeting, 30 April 2020 3) Earnings Dilution Because the company has a net loss Therefore cannot calculate the reduction of the profit sharing Adjustment of warrants
adjustment of operating cost which is higher than the adjustment of company income. In addition, the increase in maintenance costs as a result of the maintenance of gas turbine electricity generators. Also
of ordinary share calculated from Exercise Ratio shall be disregarded. Therefore, the Company shall need to increase additional capital of 1,974,500 reserved shares in respond to the right adjustment
paid in advance and such amounts will be repaid when termination consented by lessor. These agreements can be renewed in every 3 years with a market adjustment rental fees at that time. 3. Company
Shares of the Company via a Private Placement, Partial Sale of VGI Global Media (Malaysia) Sdn. Bhd.’s shares, Issuance and Allocation of Warrants to Purchase Newly Issued Ordinary Shares of VGI Global
Shareholders. Therefore, in case that there is an adjustment in the allocation of the newly-issued shares for a consideration of the additional purchase of shares, the Company will convene the Board of Directors
. Therefore, in case that there is an adjustment in the allocation of the newly-issued shares for a consideration of the additional purchase of shares, the Company will convene the Board of Directors’ Meeting
Placement) 4. Information Memorandum on the Issuance and the Allocation of the newly issued Shares to Accommodate the Right Adjustment of the Warrant to Purchase the newly issued Shares of the Company No. 3