Management Companies and related Cooperation (“MoU"). This MoU is the bilateral agreed framework combining rules and conditions for funds and CIS operators to meet the eligibility requirements under the HK-TH
. earnings, affects firm value. • Combining two papers, it suggests that earnings growth is related to lower risk. 6/29/2015 8 Other Explanation • It is commonly known that firm fundamentals determine both
the 9-month period as of 30 September 2018. When combining with the transactions of disposal of asset during the period of six months prior to the date on which the Company’s Board of Directors has
value is derived from this method of calculation, whereby the calculation is based on the Company’s reviewed consolidated financial statements as of 30 September 2017. When combining with the transaction
prior to the exercise date; Clause 10 The number of newly issued underlying shares applied for an offer for sale, combining with those provided by a company as underlying shares of convertible bonds or
transaction size of 26.84% calculated using the value of consideration criterion, which gives the highest value among all criteria prescribed by the Acquisition or Disposition Rule. When combining the
Acquisition or Disposition Rule. When combining the Transaction with the Ref. WINNER 0009/20108 Page 3 of 8 acquisition of assets acquired during six months preceding the date of the Company’s Board of
0009/20108 Page 3 of 10 the Acquisition or Disposition Rule. When combining the Transaction with the acquisition of assets acquired during six months preceding the date of the Company’s Board of
media footprint. MACO has transitioned itself from offering a purely static media format to its clients and now provides better services through a portfolio combining both digital and static media. Today