. Therefore, the Company must seek approval for the issuance and offering of the newly issued preferred shares from the SEC prior to such offering to BBL. (b) Issue and offer 472,239,839,180 newly issued

under the Credit Agreement since the provision of loans under the said Credit Agreement is subject to various conditions precedent as provided in 6), e.g. the Company must obtain approval from its Board

Thailand (“SET”) and shall require the approval from the shareholders’ meeting of the Company, along with the appointment of an Independent Financial Advisor (“IFA”) for entering into such Transaction and

. 6.5 Shareholder approval Shareholders should have an opportunity to vote on the remuneration policies, particularly where significant change to remuneration structures is proposed or where significant

entire business transfer by a public company pursuant to Section 107 of the Public Limited Companies Act B.E. 2535 (1992) (as amended). Therefore, the Company is required to seek approval from a

issued shares of NPSI, which is the maximum shareholding percentage allowed under the laws of the Philippines. The shares acquisition transaction was subject to the approval from the meeting of the

. While waiting for the court approval of the rehabilitation plan, in order to generate liquidity and has continual production as well as increase sale volume of GJ Steel since the market demand of hot

shares of NPSI, which is the maximum shareholding percentage allowed under the laws of the Philippines. The shares acquisition transaction was subject to the approval from the meeting of the shareholders

rehabilitation plan on 26 February 2018. While waiting for the court approval of the rehabilitation plan, in order to generate liquidity and has continual production as well as increase sale volume of GJ Steel

were part of a certain number of assets to be disposed, which received shareholders’ approval at the EGM held on 4 January 2018 MANAGEMENT DISCUSSION & ANALYSIS 2018 14 FEB 2019 U CITY PCL 2018 MD&A (for