falls in between 15 – 50 percent which shall be determined as Class 2 transaction under the Acquisition or Disposal Notification. Thus, the Company is required to disclose the certain information to the

15 per cent, it falls under the approval authority of the Board of Directors of the Company and the Company is neither required to prepare and disclose the information memorandum to the Stock Exchange

: Disclosure of Information and Other Acts of Listed Companies Concerning the Acquisition and Disposition of Assets, 2004. However, such disposition falls into the criteria of information disclosure for the case

differing from other members of the Board of Directors : none The execution of joint venture contract falls within the meaning of assets acquisition according to the Notification of the Capital Market

Listed Companies concerning the Connected Transactions, it falls into the category of medium size of the connected transaction. 4. Criteria used in determining the Connected Transaction The Board of

clients’ assets must be returned or proceeded as per the clients’ requests within 15 days from the date when the SEC notifies the company in writing of the SEC Board’s resolutions. (The deadline falls on

of total assets in the consolidated financial statement ended March 31, 2019, the size of which falls in between 15–50 percent, and shall be determined as a Class 2 transaction under the Acquisition or

which is lower than 1 5 per cent. As the size of this transaction is lower than 15 per cent, it falls under the approval authority of the Board of Directors of the Company and the Company is neither

of Information and Other Acts of Listed Companies Concerning the Acquisition and Disposition of Assets, 2004. However, such disposition falls into the criteria of information disclosure for the case

(approximately 38.56%), this Transaction, therefore, falls under the scope of “Other Granting or Receipt of Financial Support Transaction”. Since the Transaction value is greater than 0.03% but less than 3% of the