In June 2017, the SEC required EARTH to arrange a special audit on the transactions of the advanced payments for goods and the payment for the right to purchase goods. The EARTH's plan preparer later submitted the special audit report in November 2017, which indicated that EARTH had used the advanced payments, the payment for the right to purchase goods and other assets in exchange for the mining property rights over the two mines in Indonesia, at the total amount of USD731 million.After conside...
Reference is made to the fact that the SEC had instructed EARTH to clarify the information relating to the existence and the fair value of the mining rights of the two coal mines in Indonesia and
. - In case of allocation to patrons, issuers must submit list of top 200 persons who received the allocation to the SEC along with rational on an individual basis. Moreover, issuers must prepare and keep
rational investment decisions but their decisions are usually influenced by several factors and restrictions; emotion, beliefs and biases, for example. Those factors and restrictions cause investors to
rational and consistent with similar transactions Costs that do not meet the definition of “incremental costs directly attributable” are expensed as incurred (e.g., listing fee, roadshow costs, tax
”). Enclosure 3.3 Rational and background of the transaction As the conglomerate has a new business plan of 100% battery electric vehicle business, Rich Asia Industry Co., Ltd. (Subsidiary) will be the
independent judgement free from any external influence. The board should state its reasons if it determines that a director is independent notwithstanding the existence of relationships or circumstances which
amended documents Topic Summary of amendment and rational Information Memorandum on the Offering of Newly Issued Ordinary Shares to Specific Investors (Private Placement) at the Offering Price with a
such transaction to the SET. 3.3 Rational and background of the transaction Rich Asia Corporation Public Company Limited (“the Company”) has the debtor which is Rich Asia Industry Company Limited