, which appraised By Orion Advisory Company Limited as the financial advisor of the Company. Nevertheless, the financial advisor of the Company has the opinion that the adjusted book value approach is the

has considered such Share Purchase Price based on the fair value of GSG’s business which is appraised by the discounted cash flow approach. Such appraisal has been made by the financial advisor by

assessment and have an adaptation plan where high risks are identified – assessed via the Adaptation and Resilience Checklist; and 8 http://www.biograce.net/home 9 Ibid. 10 http://rsb.org/services-products/ghg

, the credit rating shall include the support credit rating assessed by the credit rating agency based on the tendency that such bank shall receive financial aids from the government if necessary. Clause

rating shall include the support credit rating assessed by the credit rating agency based on the tendency that such bank shall receive financial aids from the government if necessary. Clause 7 The

management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in

Impact on Future Operating Results Due to the outbreak of the coronavirus disease 2019 (COVID-19), bringing about changing circumstances in business operations, by which the Corporate Group has assessed

to CHANEL’s activities were collected. If available data did not cover all activities, extrapolations were made. Specific data covers about two thirds of the total impacts assessed and the most

value of Hero Experience which evaluated by the SIMS Property Consultants Co., Ltd. appointed by the Company, the independent valuer which is approved by the Securities and Exchange Commission that it

which is higher than the par value is due to the fact that the Company has considered the value of Hero Experience which evaluated by the independent valuer, the Sims Property Consultant Co., Ltd., the