the same direction on the matters at issue. However, voting collaboration and coordination to control management of the Investee Company may be viewed as acting in concert in violation of applicable
or sell any security. This material should not be viewed as a current or past recommendation or solicitation of an offer to buy or sell any investment products or to adopt any investment strategy. The
the transaction. In this regard, the Company has considered and viewed that the reason for re- negotiation is reasonable and that the price of the Company’s shares has materially decreased. Although
is viewed that the Company shall terminate or sell the investment, and the Company shall, then, seek for investors who are interested in the project. At present, the current management, representing
Directors’ Meeting of the Company No. 90/2017, held on the date of 22 May 2017, resolved to approve the Transaction, as the Board of Directors considered and viewed that the Transaction was reasonable and
Directors considered and viewed that the Transaction was reasonable and beneficial to the Company and its shareholders, given the reasons described in item 8 above. The Meeting therefore resolved to approve
viewed that the Allocation and Offering of the Newly Issued Ordinary Shares of the Company under the Debt to Equity Conversion Scheme will enable the Company to clear a total debt of USD 37,358,546
considered and viewed that the Allocation and Offering of the Newly Issued Ordinary Shares of the Company under the Debt to Equity Conversion Scheme will enable the Company to clear a total debt of USD
financial institution comparing with the relevant expenses, the Audit Committee viewed that the receiving financial assistance will benefit the Company and shareholders and worth the expense that will occur
project of Akkrawat in the same manner may result in an inability to acquire the benefits to Company and for shareholders as when the investment was previously approved. In such case, it is viewed that the