disapproval again. As a result there were no any investors interested in such investment sought. - Other funding source procurement, e.g., loan from institution. Due to the Company continued having loss from
business operators and the general public interested in the acquisition of the assets to offer a bidding price for each asset in accordance with the methods and conditions specified by the Company. The
investment; “Investor” means any person who is interested in investing in securities and shall also means any client of securities businesses of securities companies; “Securities company” means any company
shareholders as when the investment was previously approved. Therefore, the Company has sought for investors who are interested in the project and it is currently under the negotiation. 4. Investment in the
disposal of assets for two times in March and April 2018. However, it appears that there was no other interested party submitted the offer for the asset; as such, the Company has to have the resolution of
percent. Currently, the current executives which are the representative of the existing shareholders are responsible for seeking the investors who are interested in the project. During the seeking process
in other countries who are interested in expanding their businesses to Indonesia. Results in immediately (FY20E) accretive EPS and ROE for the Bank (assuming the Transaction completes within 2020
three-quarters of total votes cast by shareholders present and eligible to vote, excluding votes by any interested shareholders in accordance with the PLC Act and/or other applicable rules and regulations
Changing business strategy and behaviours The role of investors in the society has been shifted from just profit seekers. They are increasingly interested in minimizing the effect on the environment and
, excluding interested shareholders’ equity; (2) Appoint an independent financial adviser (IFA) to provide an opinion pursuant to the Notification of Connected transactions, which the Company appointed Advance