independent financial advisor views that despite the reasonable objectives of the proposed acquisitions, NBC’s shareholders should not grant an approval because (1) the sale price of “Komchadluek” assets and

purchase price are reasonable and beneficial for the company and its shareholders and in compliance with reasonable conditions. In this regard, IFA is of the opinion that the acquisition is reasonable

regard, IFA has not received any evidentiary documentation or sufficient, reasonable commitment to the loan repayment within 15 May 2019 because GSTEL ceased its production and no longer generates

Audit Committee of the Company All 7 members of the Board of Directors, including the Audit Committee, are of the view that the entering into this transaction is reasonable. Apart from increasing strength

Director, Deputy Chief Executive Officer - General Administration and Company Secretary, (3) {C}, and (4) {D}. The complaint was imposed on the ground of their collaboration in committing malpractice that

, both the Board of Directors and the Audit Committee view that such transaction is reasonable and beneficial to the company. However, the independent financial advisor is of the opinion that the

Audit Committee has considered the purpose of transactions is supporting normal business transaction of the Company with fair and reasonable transactions. Opinion of the Board of Director: The Board of

fair and reasonable transactions. Opinion of the Board of Director: The Board of Directors has considered the agreement and has opinion that the transaction is necessary and reasonable. Related company

of the Company with fair and reasonable transactions. Related company name Paid Up Capital No. of shares Name of connected persons Share (s) in related company % of share in AEONTS AFS 45,698,196,100

fee is necessary and reasonable. Related company name Paid Up Capital No. of shares Name of connected persons Share (s) in related company % of share in AEONTS AFS 45,698,196,100 JPY/ 225,510,128 shares