general shareholders’ meeting on 23 February 2024 and exercise their voting rights on a proposed capital increase to be offered to the existing shareholders in proportion to their shareholding (rights
reduction, capital increase, issuance and offering of warrants to purchase ordinary shares, edit the agenda and change the venue of the 2020 AGM and amend the connected transaction size 30/03/2020 19:49
in the international arena and increase investment alternatives for investors of both markets. SEC is therefore proposing to amend the rules on supervision of cross-border fund offerings to
companies; therefore, shareholders are not involved in the decision making regarding such transaction.The SEC therefore is proposing to amend the rules governing the execution of material transactions and
year 2019 2 5. The Settlement of Disputes by Extension of the periods of Concession Agreements On February 18, 2020, the Council of Ministers’ Meeting agreed to amend the Agreements for Settlement of the
industries. The SEC is therefore proposing to amend the regulations on debt securities offering to support the issuance and offering of sustainability-themed bonds through crowdfunding and private
access into funding sources. Meanwhile, SEC wishes to increase alternative financing resources for SMEs and startups, apart from equities. Thus, it has supported the issuance of the regulation for
amend the clauses that related to the decrease and increase of capital in the Memorandum of Association and the change of paid-up capital with Department of Business Development, Ministry of Commerce. 4.3