disposition of Planet’s ordinary shares transaction is an appropriate and beneficial to the Company on a long-term basis, and no disagreement to the Company’s Board of Directors has been raised by the Company’s
transaction. None. 11. The Board of Directors‟ opinion. The Board of Directors had approved to invest in IGEN-ENERGY due to beneficial to the company. IGEN-ENERGY expected to book significantly more revenue in
has not submitted a financial statement since 2017. The Board of Directors has considered that this transaction is reasonable and beneficial to the Company as the purchase price of the rights under this
had the opinion that the transaction price is appropriate, and the transaction is beneficial to the company. In this regard, the Company had appraised the price of land with buildings by 2 independent
or service transactions. Such transactions have been conducted as normal business with reasonable price and relevant terms and conditions, including being beneficial to the Company by enhancing the
benefit from income diversification into new geographic territories. The Board of Director has considered and viewed that this transaction was appropriate, reasonable and beneficial to the Company and its
the investment in MDP to be beneficial to the Company. Therefore, the Board of Directors’ Meeting No. 1/2020, held on 26 February 2020, had approved the investment. Opinion of the Audit Committee and/or
, complete and in compliance with rules and regulations of the supervising agencies as well as disclose complete information of the transactions to ensure that they are appropriate and most beneficial to the
of Directors meeting no. 2/2561 held on February 28th, 2018, considered and opined that the transaction is reasonable and beneficial to the Company as the interest rate of loan from related parties is