The SEC approved guidelines for IPO shares allocation with the view to enhance transparency and set up mechanism for distributing shares to the public. Although, issuers and underwriters are still
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
in the company’s strategy and capital allocation. Risk should be managed accordingly in a rational, appropriately independent, dynamic and forward-looking way. This process of managing risks should be
practices of corporate governance, transparency and full respect for the interests of the merged CCPH; except for RPT that are clearly beneficial for the merged CCPH and all of its shareholders. 4
though the disposal of assets by means of a bidding process is considered a fair process and does not benefit the connected person of the Company, for the transparency purposes and in order for the Company
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