1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...
with loyalty, expertise and proficiency, including due diligence and care in the same manner as a professional would exercise in like circumstances; (2) operates its business by maintaining corporate
circumstances; (2) operates its business by maintaining corporate image and reputation including credibility of capital market essentially, as well as operates its business with reasonable awareness by taking
material information in other Parts while maintaining the reporting procedure under this Part. Material information: Disclose information at least in the following matters: 12.1 Overall policy : Describe the
the shareholding proportion of the applicant or such company under Clause 15, as the case may be, which is capable of maintaining checks and balances on the exercise of the controlling power over the
businesses, for the purpose of maintaining the stability of the country’s economy, and protecting investors and the public concerned. The enactment of this Emergency Decree is consistent with the conditions
target equity allocation. The key assumption, therefore, is that maintaining the target equity allocation is more important than tax efficiency. Also, if a consistent equity allocation were not maintained
required independence assessment and documentation for conducting business transactions with their audit clients. Non-audit services The SEC noted that the audit firms are quite committed in maintaining the
of such activities and businesses, for the purpose of maintaining the stability of the country’s economy, and protecting investors and the public concerned. The enactment of this Emergency Decree is