seeking approval for the allocation and offering of the Company’s newly issued ordinary shares at the Shareholder’s Meeting the Company must obtain an approval from the an approval from the Office of the
principal asset to be invested definitely and shall demonstrate that it is ready to acquire such asset within sixty days as from the date when the establishment of the REIT is completed or as from the closing
that are complete, clear and enforceable by law and sufficient for the fund to operate or to procure the benefit upon. (b) arrange for an appraisal on the infrastructure asset in accordance with the
operate or to procure the benefit upon. (b) arrange for an appraisal on the infrastructure asset in accordance with the rules in Clause 12; (c) in case of the infrastructure asset to be invested being the
operate or to procure the benefit upon. (b) arrange for an appraisal on the infrastructure asset in accordance with the rules in Clause 12; (c) in case of the infrastructure asset to be invested being the
the Extraordinary General Meeting of Shareholders No. 2/2019 for the offering of the newly issued shares to PLANB, the Company 5 will still be required to obtain an approval from the SEC Office for the
coordinate with government agencies to obtain all relevant licenses i.e. Use of Land, Construction permit, In Principal Approval of Investment, Investment Registration Certificate, Power Purchase Agreement, in
expects to receive approvals from the BOT and OJK and will be able to acquire the Shares in Permata from Standard Chartered and Astra within the third quarter of 2020. The purchase price therefore shall be
proceeds thereform to invest in, or procure for profit from holding in, securities, derivative, or any other properties, or invest in or procure for profit by other means.” * Readers should be aware that
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