meanings: 1. a disclaimer of opinion on the applicant’s financial statements and the consolidated financial statements or an adverse opinion; 2. a qualified opinion on any material transaction as non

may restrict the import or export of capital, or affect the issuer’s ability to make payment to non-resident holders, they shall be disclosed in the registration statement. D. Statement by Experts If

based on a total value of consideration paid basis, calculated from the audited consolidated financial statements of the Company for the year ended 31 December 2017. In the previous 6- month period, the

2020 was at 15.9% (data from Department of Energy Business, Ministry of Energy). Moreover, expansion of the service stations went about simultaneously with the development and expansion of Non - Oil

retail investors. The proceeds will be used for business expansion, capital restructuring and working capital. The issuance of the perpetual debentures also reduced the consolidated net interest-bearing

fulfilment of the conditions precedent); (Translation) — 2 — (4) Apart from the payment for the shares under Clause (3) to the Seller, the Company is required to pay to the Seller an amount equivalent to the

fulfilment of the conditions precedent); (Translation) — 2 — (4) Apart from the payment for the shares under Clause (3) to the Seller, the Company is required to pay to the Seller an amount equivalent to the

fulfilment of the conditions precedent); (4) Apart from the payment for the shares under Clause (3) to the Seller, the Company is required to pay to the Seller an amount equivalent to the (Translation) — 2

not more than PHP 895,637,700 or equivalent to THB 623,095,147.89. As a consideration, CCPH will make a payment for all of the issued shares of KPPH with the newly issued shares of CCPH in the number of

statements and the consolidated financial statements or an adverse opinion; 2. a qualified opinion on any material transaction as non- compliance with the financial reporting standards; 3. an expression of