with LQ Inc. to acquire 100% equity stake of Green Fiber International Inc. (“GFI”), a company incorporated in USA and having plastics recycling facility in Fontana, California, USA. The facility
) for the 89.12% stake in Permata. The price payable by the Bank for the 89.12% stake in Permata will be finalised on the basis of a 1.77 times multiple of Permata’s book value (subject to certain
: Saha Pathana Inter-Holding Plc. (SPI) is concurrently a major shareholder in these 2 companies, as follows : - SPI currently holds a 21.26% stake in Thai Wacoal Plc. - SPI currently holds a 40.00% stake
Public Company Limited (“IVL” or the “Company”) held on 11 th May 2018, has approved Indorama Netherlands B.V. its indirect subsidiary to further acquire 24 % equity stake in PT. Indorama Petrochemicals, a
further acquire the remaining 26% equity stake in PT. Indorama Petrochemicals (“PTIP”), a PTA manufacturing plant in Indonesia from PT. Indo-Rama Synthetics Tbk., a connected party. Rationale of the
appraised value of the assets of PVR-BluO, which is worth Rs. 860,000,000. The Company held 49% of the investment and profited of Rs. 17,000,000 and Rs 37,000,000 in consolidated financial statement and
purchase a hotel located abroad at a significantly unreasonable price, selling NUSA condominium units at a price lower than the appraised price, and transferring NUSA funds into personal accounts and those
subsidiary did not appraised realization values of the machinery and plants of YNP and its subsidiary and also did not record the allowance for impairment of assets in line with the generally accepted
support ?speculative? loans, especially when speculative investments exceed or replace core business operation; ? Collateral risk: collaterals for loan application should be meticulously appraised