as stated in this letter as Hemaraj was granted the loan on 28 September 2017. 4. Rules for fixing of total value of the transaction From the valuation approach of Gulf WHA MT by means of book value
exercise date. (b) If employees who are granted Warrants resign or are terminated, such employees shall not be entitled to exercise the Warrants which have not been exercised and shall return certificate of
providing services under Paragraph 1, the derivatives dealer shall ensure that a chief executive officer or a person assigned by the client has already granted consent before the client engages in derivatives
services under Paragraph 1, the derivatives dealer shall ensure that a chief executive officer or a person assigned by the client has already granted consent before the client engages in derivatives contract
scheme which is established in an ASEAN country. In this regard, such scheme shall be [i] granted an approval from, [ii] registered with or [iii] permitted for any undertaking in a similar manner of such
total aggregate amount of investment in shares shall not exceed sixty percent of the total investment of the intermediary unless a waiver is granted by the SEC Office. The investment fund under Paragraph
total aggregate amount of investment in shares shall not exceed sixty percent of the total investment of the intermediary unless a waiver is granted by the SEC Office. 5 The investment fund under