OJK’s approval of the proposed acquisition structure. 7. Tentative Timeline The Bank will be proposing the Transaction to its shareholders for approval at the appropriate time prior to completion of the
revoke the approval as deemed appropriate. (Translation) -6- Clause 9. In cases where there appears later any fact that any capital market personnel who is director or manager of a financial institution
mutual fund management company may engage in a transaction with the mutual fund under its management only when it is necessary and appropriate and a written approval from the mutual fund supervisor is
company shall act in the interests of the fund and may engage in the affiliated transaction for the fund only when an approval is granted by the mutual fund supervisor for the case specified in Clause 14
Transaction The Board of Directors has considered information and is of the view that the Transaction will benefit the Bank, and that the Transaction is reasonable and appropriate. 12. Approval of the
) Probation; (Translation) - 7 - (3) Suspension from duty performance as a mutual fund manager for a period of time the Office deems appropriate; (4) Revocation of approval. Clause 12. If any applicant seeking
management company and a mutual fund under its management may be executed only when necessary and appropriate, and upon written approval of the mutual fund supervisor prior to entering into such transaction
as complete any appropriate and necessary procedures. However, the Company would enter into the above transactions only upon approval of the shareholders meeting and the to 3 as well as the president
Kiat (“Dato’ Marco Low”), to be NDR’s director. In addition, the s THB or 118.53% of the Company’s NTA as of September 30, 2017. and more than 3% of net tangible assets. So the Company needs an approval