Subject Notification of the Board of Directors No.6/2018 Re: Convening the Extraordinary Shareholders’ Meeting No.1/2018; an Acquisition of Assets and Connected Transaction for the Entire Business Transfer
Notification of the Board of Directors No.6/2018 Re: Convening the Extraordinary Shareholders’ Meeting No.1/2018; an Acquisition of Assets and Connected Transaction for the Entire Business Transfer and
constitute a connected transaction between the Company and its connected person pursuant to the Notification of the Capital Market Supervisory Board No. TorChor. 21/2551 Re: Rules on Connected Transactions and
period of 21 days from the date on which the transaction is disclosed to the Stock Exchange. Notwithstanding the foregoing, the entering into of the said transaction does not constitute a connected
subscription) and the allocation of the shares pursuant to which the existing shareholders have subscribed in excess of their shareholding on a private placement basis who are not a connected person of the
: The Buyer and the Sellers have no relationships between each other, and are not connected persons against each other 3. Characteristic of the transaction 3.1 General characteristic of the transaction
”) Relationship between the Buyer and the Sellers: The Buyer and the Sellers have no relationships between each other, and are not connected persons against each other 3. Characteristic of the transaction 3.1
Company did not commit any fraudulent actions that caused damages to Midas. Therefore, there is no cause to responsible the damages. 4. Interest or connected transactions between the Company and directors
purchaser does not have any relationship with the Company. The transaction, therefore, does not fall within criteria of the connected transaction under the Notification of the Capital Market Supervisory Board
purchase and acceptance of assignment of claims are the related party transactions under the Notification of the Capital Market Supervisory Board No. TorChor. 21/2551 Re: Rules on Connected Transactions and