network in the region contributes to the sales and transfer of completed projects. Projects under development are on track. We are excited to make a change in international education through the Verso

of votes of shareholders who attend the meeting and have the right to vote is needed. Except in the following cases, a resolution shall be passed by affirmative votes of not less than three-fourths (3

passed by affirmative votes of not less than three-fourths (3/4) of the total number of votes of shareholders who attend the meeting and have the right to vote: A. The sale or transfer of the whole or

approval to enter into the Transaction from the shareholders’ meeting of the Company with affirmative votes of not less than three-fourth of the votes attending the meeting and having the right to vote

. Therefore, the Company is required to have the approval of the shareholders’ meeting with affirmative votes of not less than three-fourths of the votes of shareholders attending the meeting who are entitled

to consider and approve the acquisition of all Shares in Permata with an affirmative votes of not less than three-fourths of the total number of votes of the shareholders who attend the meeting and are

matters shall be passed by more than 50 percent affirmative votes of the shareholders present at the meeting and entitled to vote; and (b) Special Resolutions: all special resolution matters shall be passed

of a resolution at the shareholders’ meeting shall be as follows: (a) General Resolutions: all general resolution matters shall be passed by more than 50 percent affirmative votes of the shareholders

1 affirmative vote of a director nominated by the Company. Such reserved matters include (without limitation) the following: 6 (a) Incurring of capital expenditures or any significant expenses of