first international retail property and the 33th shopping center for the Company. Located in a high potential area, Central i-City is part of the i-City Ultrapolis, one of the country’s largest mixed-use
agreement, due to not being able to acquire the construction license which is a critical part that will take effect in many aspects of the project which resulted in an unsatisfied view by the Company to
disposal will also help reduce the high-rate interest expenses since the Company can use the proceeds received from the disposal of assets to partially repay the debts. 7.4 This disposal of asset is a part
expenses since the Company can use the proceeds received from the disposal of assets to partially repay the debts. 7.4 This disposal of asset is a part of the business restructuring of the Company to deal
Company’s Board meeting which came to an agreement that NPSI is not able to complete the set criteria in the agreement, due to not being able to acquire the construction license which is a critical part that
relied upon as, a promise or representation, whether as to the past or the future and no reliance, in whole or in part, should be placed on the fairness, accuracy, completeness or correctness of the
distribution channel, Page 11 in order to cover more sales area. These aforementioned factors are part of the reasons of the hindered the Company sales growth. Apart from the current business of the Company
Company from the asset disposal 7.1 This asset disposal is part of restructuring plan of business group with a view to withstand the potential impacts from the downturn of the current economy, as well as
. Expected benefits to the Company from the asset disposal 7.1 This asset disposal is a part of business restructuring of the Company’s group with a view to withstand the potential impacts from the downturn of
high value and in order to give opportunity to shareholders to consider an appropriateness and take part in making the decision on the Transaction, it was deemed appropriate to propose to the upcoming