) Undertaking that the merged CCPH shall declare and pay dividend of not less than 20% of CCPH’s net profit of each fiscal year after the legal reserve from the unrestricted retained earnings which may be payable

n d e rsta n d & D e v e lo p D IF S e rv ic e A g re e m e n t P re p a re a n c illa ry d o c u m e n ts (e .g . P D P A c o n se n t fo rm p riv a c y p o lic y ) - T B C b y S E T C o m m e rc ia