to the tender offer date. 7. Expected Benefits to the Company The entering into of the Shares Purchase Transaction is in line with a crucial strategy of the Company, as it will benefit the Company and

to the tender offer date. 7. Expected Benefits to the Company The entering into of the Shares Purchase Transaction is in line with a crucial strategy of the Company, as it will benefit the Company and

Transaction is in line with a crucial strategy of the Company, as it will benefit the Company and the Company’s shareholders as follows: 7.1 Due to the fact that GLOW’s effective capacity7 for power generation

will keep us more disciplined in areas such as exposure management, a crucial aspect given the complex nature of today’s markets. Additionally, we have created centralized expert enabling functions in

resource allocation by their board of directors and executives that is practical and meets the standards established by an international organization concerning capital market supervision is crucial and

investors and other users of credit ratings assess credit risks. Maintaining the independence of CRAs vis- à-vis the entities and obligations they rate is vital to achieving this goal. Provisions of the IOSCO

capital market supervision is crucial and necessary. The regulations under this Notification set a standard for operation of securities clearing houses and central securities depositories so that their

ICGN Global Governance Principles Published by the International Corporate Governance Network Saffron House 6 -10 Kirby Street London EC1N 8TS UK © International Corporate Governance Network 2014 All rights reserved. Dissemination of the contents of this paper is encouraged. Please give full acknowledgement of the source when reproducing extracts in other published works. ICGN, the contributors and the editor of this publication accept no responsibility for loss occasioned by any person acting o...

corporate governance frameworks reduce investor confidence, and can discourage outside investment. Also, as pension funds continue to invest more in equity markets, good corporate governance is crucial for

cashier boxes and at dispensing areas in order to boost the confidence of customers.  In terms of personnel, the company has made preparations in terms of personnel, daily operations, IT system crucial to