schedule of EGM1/2020, Capital Decrease, Capital increase, an Increasing of investment cost in Carnival Magic Project, and compensation for design and construction to related person. To: Managing Director
Meeting of Shareholders No. 1/2019 (Record Date) is set on 4 November 2019. Additionally, the Board of Directors’ meeting resolved to approve the authorization to either the Board of Directors or Managing
Company’s debt to equity ratio (D/E Ratio) will be increased from 0.61 to 1.30 according to the audited consolidated financial statements of the Company for the period ended June 30, 2019. In this regard, the
purchase of all shares in Hello LED, the Company’s debt to equity ratio (D/E Ratio) will be increased from 0.61 to 1.30 according to the audited consolidated financial statements of the Company for the
the event that the Company utilize all of such short-term loan from financial institutions for the purchase of all shares in Hello LED, the Company’s debt to equity ratio (D/E Ratio) will be increased
rationalization. The Company has been actively managing its hotel assets to maximize their potentials to generate returns for strategic re-investment. Education Business: remains under pressure by demographic and
management business under Elite Havens brand in Europe and Australia to mitigate the geographic concentration risk; • Asset portfolio rationalization. The Company has been actively managing its hotel assets to
’, Ameer Ahmed Magu, Male, Maldives Equity structure Authorized Capital : MVR 154,200 Member of Board of Directors 1. Damian John Clowes (Managing Director); 2. Mohamed Shahdy Anwar; 3. Martin J Newburger; 4
) “prospectus” means a prospectus which is identical to a draft prospectus filed with the SEC Office; (12) “market maker” means a person appointed by a mutual fund management company to perform duty in managing