the satisfaction (or jointly waiver by the Seller and the Company) of all the following conditions precedent: (a) The Company is granted approval by its shareholders meeting to acquire the shares of
the satisfaction (or joint waiver by the Seller and the Company) of all the following conditions precedent: (a) The Company is granted approval by its shareholders meeting to acquire the shares of GLOW
volume of electricity and steam from higher demand of industrial users as they expanded production capacities. Furthermore, IRPC Clean Power Company Limited (IRPC-CP) started Commercial Q4/2018 and 2018
Project is a unit for the production of electricity and steam to be delivered back for use in the CFP, whereby the ERU Project will mainly use petroleum pitch, which is a by-product of the refinery process
gas-fired combined cycle cogeneration power that commenced COD on February 1, 2018. It has an installed capacity of 133 MW and sells electricity to EGAT 90 MW under a 25-year PPA. The Project was able
purchase of real estate, allow the purchaser and the seller to reach agreement in many ways on such issues on a voluntary basis to the satisfaction of both parties. The opinions of the Independent Financial
determined in accordance with the following formula: Sale Shares Price = Permata Book Value (as set out in the last financial statements published prior to the date of confirmation of satisfaction of all
and electricity sale. 4. Investment in the business of broadcasting the Football Leagues in Philippines The Meeting of the Board of Directors No. 18/2017 of DCORP was held on November 7, 2017. The