additional conditions precedent of the SPA were included to be in accordance with the conditions required by the Energy Regulatory Commission (the “ERC”), and the purchase price was adjusted as agreed by the
April 2018 and the acquisition of shares in TSEO will occur after FPI has obtained the approval for the entry into the transaction from the shareholders’ meeting and the conditions precedent as set out in
sale purchase agreement with Thanasiri Group in May 2018. The condition precedent as specified in the agreement- such as the board of directors’ and/or shareholders’ meeting of the Company has approved
mentioned are the Company’s current business plan which can be adjusted as deemed appropriate at the time. 1.10 Conditions Precedent of the Transaction The Disposition of Asset Transaction will occur after
the condition precedent (Condition Precedent) to complete the joint venture. After the joint venture, J Fintech will no longer be a subsidiary of the company. In which the company will recognize the net
ownership of the ERU Project to the Company or Subsidiary upon the fulfillment of the conditions precedent specified in the Asset Sale and Purchase Agreement (the “Closing Date”), which include the
Company will hold the GS both directly and indirectly total 46.00 percent of total paid-up capital of GS. Moreover, the transaction has precedent conditions that the company will invest when GS already
million. After the transaction completed, the Company will hold the GS both directly and indirectly total 46.00 percent of total paid-up capital of GS. Moreover, the transaction has precedent conditions
Precedent. 2. Parties involved or Seller IGEN Engineering Co., Ltd. (“IGEN”) Not connected person. 3. Details of asset acquired Type Ordinary shares. Company‟s name IGEN Energy Co., Ltd (“IGEN-ENERGY