legal execution  against offenders. It is the integration of collaboration between the three agencies, supporting the functions of each agency including exchanging information, knowledge and expertise in

, at the total amount not less than 20 percent of the principal value as of the issuance dates of the bonds. The partial principals will be paid through three installments in concurrent with the due

being considered as an event of default;  2. Partial repayment of the principal of the bond;   3. Increase in the coupon rate of the bond;  4. Request for a waiver of default of the principal and interest

according to the terms and conditions. In this regard, the SEC has issued guidelines for the duties of the representative of the bondholders whereby the representative is required to analyze the

during the extended period of maturity. The SEC requires that the bondholder representative analyze the benefits and shortcomings as well as the potential impacts on the bondholders both in cases of

analyze the benefits and shortcomings as well as the potential impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons, and

the bond representative the right to file legal proceedings against the bond issuer without convening a bondholders’ meeting in the event of default and on the condition that the bond representative has

bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons, and clearly provide information to the bondholders together with the opinions of the

) ITD266A, to study all available information, exercise their rights at the upcoming bondholders’ meeting, and reach out to the bond issuer or the bondholder representative to obtain comprehensive and

amount of the deposits in the escrow account, in proportion to the company’s amounts of debts to each tranche of the bonds, namely SNW231A, SNW233A and SNW224A;   Agenda Item 3: Consideration for