tender offer, and to propose the transaction to the shareholders’ meeting for further consideration and approval. The Board of Directors viewed that the entering into this transaction is reasonable and
viewed that the entering into this transaction is reasonable and highly beneficial to the Company and its shareholders because the offer price of the conditional tender offer is considered fair. In
to the capital increase and waiver of right to subscribe the newly issued shares, as well as having the power to carry out any other actions which are necessary and reasonable in relation to the
persons or the group of persons who are genuinely the true shareholders and their core businesses unless there is a reasonable ground for failure of such identification. (2) In case of a holding company
appropriateness. Chapter 3 Powers of the SEC Office ________________________ Clause 10 In the case where a certain fact appears to the SEC Office leading to any of the following reasonable suspicions, the SEC
, “Mega City”, to increase parking area, Entertainment, leisure, sport and education zones, and hotel. This will enhance the Marvel Experience. The Share Acquisition Transaction is reasonable in which the
held on 25 April 2018, considered that the transaction - 18 - is reasonable and beneficial to the Company and the shareholders and it will be the significant opportunity to the renewable business. 11
Board of Directors has the opionions that this transaction is reasonable to company’s business operation and it is the most beneficial to the company and its shareholders. As to considering the operating
opinion that the increased investment value in Carnival Magic Project is under reasonable condition and will benefit the Company and its shareholders as specified in Item No. 8 13 12. Opinion of Audit