. The shares acquisition transaction was subject to the approval from the meeting of the shareholders and upon certain conditions precedent under the share purchase agreement have been fulfilled
acquisition transaction was subject to the approval from the meeting of the shareholders and upon certain conditions precedent under the share purchase agreement have been fulfilled. Currently, the status of
undertaking was unsuccessful since the conditions precedent were not fulfilled. After the failure of the joint investment with AM, the Company constantly made efforts to restore its financial status, e.g. the
into a joint investment agreement with ArcelorMittal Netherlands B.V. (“AM”); however, the undertaking was unsuccessful since the conditions precedent were not fulfilled. After the failure of the joint
commercial project (PPA 10.5 MW) which started its operation in March, realizing its revenue from electricity production for the full quarter. Additionally in May 2017, BCPG Plc. fulfilled condition precedent
conditions precedent specified in the Joint Venture Agreement are fulfilled. The entering into of the said transaction constitutes Asset Acquisition Transaction of a listed company pursuant to the
SUTG between the Company and the Buyers (the “Share Purchase Agreement”), including other arrangements, contracts and documents relating to such transaction, shall have been fulfilled. The significant
have been fulfilled. The significant conditions precedent may be summarized below: (1) The Shareholders’ Meeting of the Company shall have resolved to approve the Investment Disposal Transaction
have been fulfilled. The significant conditions precedent may be summarized below: (1) The Shareholders’ Meeting of the Company shall have resolved to approve the Investment Disposal Transaction
purchase agreement of SUTG between the Company and the Buyers (the “Share Purchase Agreement”), including other arrangements, contracts and documents relating to such transaction, shall have been fulfilled