another 6 months. The Company have already allowed leniency for debt repayment from the debtors for a reasonable period and have continuously followed up with debtors and sent collection letter. However
business plan which is reasonable and beneficial to both the Company and its shareholders.The company had no independent appraiser to evaluate the land price but compared price with land on nearby location
book value of the lands, cost estimate of Department of Lands and actual buying and selling price of the lands that is located nearby which is reasonable and be accept as the Company’s benefit. 11
Audit Committee has considered the transaction and has opinion that the transaction is necessary and reasonable because the return on their investment is not satisfied and technology is very important in
legal proceedings under the law governing securities and exchange and notifications issued by virtue of the said law. Clause 5 Other than the reasonable grounds of lack of qualifications or possession of
Board of Directors considered and has opinions that this transaction is reasonable and beneficial to the company for use as working capital in the operations of the company. The interest rate 4.9% per
of Directors has considered the agreement and has opinion that the transaction is necessary and reasonable.
business. 3 The Board of Directors’ opinion toward the transaction : The Board of Directors’ meeting considered that this transaction is reasonable and for the benefit of the company and its shareholders
connected transaction is reasonable and beneficial to the Company. In addition, the proposed purchase price is highest. 10. Opinion of the Audit : -none- Committee and the Directors which is different from
with the conflict of interest as aforementioned), had been considered and viewed that this connected transaction is reasonable. 9. Opinion of the Audit Committee The Audit Committee has no different