project is over 10 years and it is expected to be closed within Q3/2017. The implementation of ERP system is over 80% to completion, the company plans to partially shift to the ERP system during Q3/2017 and
Agreement with respect to the subscription of its newly issued shares and the purchase of shares in Hero Experience, which the completion of such will be conditional upon the fulfilment of condition precedent
temporary working capital in the business operation. Currently, GSTEL is in the process of obtaining loan facilities from the new lender. Upon the funding completion, the short term loan will be promptly
used as its temporary working capital in the business operation. Currently, the Company is in the process of obtaining loan facilities from the new lender. Upon the funding completion, the short term
Channel Agency will enter into the Share Purchase Agreement with respect to the purchase of shares in Hero Experience later (the “Share Purchase Agreement”), which the completion of such will be conditional
management of the clients’ assets within sixty days as from the date when the intermediary becomes under receivership by court order. Upon completion of proceedings as prescribed in this Notification, the SEC
Date After the approval from the Board of Directors In this regard, the Company and the Seller will expects that the completion of the transaction will take place within March 2019. Related Parties and
: Transaction Date After the approval from the Board of Directors In this regard, the Company and the Seller will expect that the completion of the transaction will take place within March 2019. Related Parties