Management PLC at “A+” with “stable” outlook, which reflects the company’s financial strength as the key raw water provider with a comprehensive pipeline network in the Eastern Seaboard area, rising of water
representative or 360-degree technology. Until now, offering a deep discount to potential customers was not expected because of the Company’s financial strength with Net Interest-Bearing-Debt to Equity at 0.97
customer perception. We continue to focus on delivering fair profitability balancing between short- and long- term drivers while keeping our solid financial strength. Market and Competitive Environment As
making the tender offer by the Office or the Takeover Panel ( ) under letter No. dated ( ) under the resolution of the shareholders’ meeting dated ( ) is exempted from making a tender offer because (please
in the business to be lower than the trigger point for a tender offer ( ) has been granted a waiver from making the tender offer by the Office or the Takeover Panel ( ) under letter No. dated ( ) under
Takeover Panel ( ) under letter No. dated ( ) under the resolution of the shareholders’ meeting dated ( ) is exempted from making a tender offer because (please specify) ( ) other (please specify) I hereby
offer by the Office or the Takeover Panel ( ) under letter No. dated ( ) under the resolution of the shareholders’ meeting dated ( ) is exempted from making a tender offer because (please specify
making the tender offer by the Office or the Takeover Panel ( ) under letter No. dated ( ) under the resolution of the shareholders’ meeting dated ( ) is exempted from making a tender offer because (please
in the business to be lower than the trigger point for a tender offer ( ) has been granted a waiver from making the tender offer by the Office or the Takeover Panel ( ) under letter No. dated ( ) under
making the tender offer by the Office or the Takeover Panel ( ) under letter No. dated ( ) under the resolution of the shareholders’ meeting dated ( ) is exempted from making a tender offer because (please