business plan of Spring26 after the License return, the Company is in the process of studying and looking into the feasibility of operating new business as a replacement. (8) Plan for the use of compensation
to equity conversion is in the amount of USD 123,899,729, or 1 The said interest amount is calculated up until February 28, 2017. However, the waiver of interest under the debt restructuring plan
The variable costs will be based on the work received and the direct costs increase at the rate of 1. 30 percent per year. - Discounting using the discount rate (WACC) at 11. 57 percent using the
fixed costs and variable costs The variable costs will be based on the work received and the direct costs increase at the rate of 1. 30 percent per year. - Discounting using the discount rate (WACC) at 11
pay to increase in capital of GS proportionally which mean the Company hold GS’s share for 40 percent. (The details in clause 4 sub-clause 3) page 14) The entering into the transaction constitutes an
its original plan since the Company originally planned to divest the assets after the completion of construction. The cash flow from disposition of assets will increase Company’s financial liquidity and
offering; (b) change in par value resulting in an increase or decrease in the amount of shares; (c) redemption of securities; (d) amalgamation, merger or takeover by making a tender offer; (e) distribution
par value resulting in an increase or decrease in the amount of shares; (c) redemption of securities; (d) amalgamation, merger or takeover by making a tender offer; (e) distribution of share dividends
way affect the plan for use of the working capital for business operations because the Company still continues to have positive cash flows, i.e., referring the Company’s nine-month consolidated