financial methods used to consider the appropriateness of the price to enter into the transaction. The Independent Financial Advisor used 2 financial methods as follows: 1) Book Value Approach 2) Adjusted
and enhance public's awareness of such projects domestically and internationally through multiple marketing communication approaches, including but not limited to the followings: a) Collateral
confidence in the country’s economy. As a result, from the mentioned factors, the tourist industry which includes the food and retail industries have been positively impacted. AU’s strategic approaches in 2023
which is Permata’s subsidiary with 99.998% shares held by Permata. Size of the Transaction The Bank has calculated the Transaction size on the basis of the four approaches of calculation required by the
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
than seven (7) days prior to the date of the meeting. Where it is necessary or urgent to preserve the Company’s rights and benefits, a meeting may be called by other methods and an earlier meeting date
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