deemed the connected transactions, the company is required to disclose the information to the Stock Exchange of Thailand (SET) and to seek shareholders? approval on the transactions. GJS will hold its
transaction due to the fact that DEMCO?s director also serves as a director of Aeolus?s major shareholder. DEMCO is accordingly subject to mandatory disclosure of the transaction to the Stock Exchange of
due to the fact that DEMCO?s director also serves as a director of Aeolus?s major shareholder. DEMCO is accordingly subject to mandatory disclosure of the transaction to the Stock Exchange of Thailand
Bangkok, July 5, 2011 - The SEC urges shareholders of Wave Entertainment Plc. (WAVE) to carefully study WAVE?s plan to acquire shares of Thai Solar Energy Co., Ltd. (TSE) before exercising their voting rights, as the transaction is considered connected transaction and a significant asset acquisition. The Audit Committee advised that WAVE should not increase their investment in TSE until the first project has been completed, while Independent Financial Advisor (IFA) indicates that the acquisition...
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