transaction tendency, and preventive approaches against conflicts of interest. 12 Part 4 Financial Position and Operating Results 13. Significant financial information Demonstrate information from the financial
purposes. The date of appraisal reports for the Target Group Hotels and Resorts is 7 February 2018. The appraiser applied the income and cost approaches to estimate the fair market value of Target Group
rate of return on investment. In addition, the Company has taken into consideration other supporting calculation bases, such as the trading multiple and dividend yield approaches, which are also
calculation bases, such as the trading multiple and dividend yield approaches, which are also typically employed for decision making on business acquisitions. 6.2 The Tender Offer for all securities of GLOW The
. The value of consideration takes into account the appraisal of the shares of the business by different approaches, i.e. book value approach, adjusted book value approach, price to book value approach
the Purchaser and the Company, together with the business valuation. The value of consideration takes into account the appraisal of the shares of the business by different approaches, i.e. book value
information contained within a presentation are free to adopt differing standards and approaches as they see fit. Products and names mentioned in materials or presentations are the property of their respective
., Ltd ed value doe Company, f 63 million B r to make ful ount will be b he financial Business the 4 approaches h Flow approa W 1 201 59 84 50 or is of the low method proportionate any in each b ent price
total value of consideration The total value of consideration of Acquisition of Shares in GNET Transaction by NBC is derived from the appraisal of value of shares of the business by various approaches i.e