the risk incurred to the Company and the fixed cost paid monthly, the Company and the shareholders of Blue Finix came to the conclusion to dissolve Blue Finix which the shareholders of Blue Finix has
reduce the risk from managing capital structure, making the Company receive working capital available for the demand of cash flow in a timely manner 7.2 The proceeds received from asset disposal shall be
the ordinary course of the core businesses of the Company. 7. Expected benefits to the Company from the asset disposal 7.1 This asset disposal will help reduce the risk from managing capital structure
, short-term liabilities, and long-term secured liabilities with financial institutions and also use it as working capital; The request for the License return also reduces the risk of capital structure
4, 2018. However, the business recovery plan is still lack of feasibility and details. Nevertheless, to minimize the risk incurred to the Company and the fixed cost paid monthly, the Company and the
refer to additional information of GLOW (including the information regarding the nature of the business, risk factors and legal disputes) from the 2017 annual registration statement of GLOW from the
Clean Energy Co., Ltd. 33.33 Developing waste-to-energy plant projects Please refer to additional information of GLOW (including the information regarding the nature of the business, risk factors and
diversification of investment risk. Central i-City, with its strategic location and promising potential in area, is a joint venture investment between CPN, with 6 0% ownership, and I-R&D Sdn. Bhd (“IRD”), a
This asset disposal will help reduce the risk from loss recognition from the operation of WPS in the consolidated financial statements of the Company since WPS has experienced loss continuously since