independent financial advisor views that despite the reasonable objectives of the proposed acquisitions, NBC’s shareholders should not grant an approval because (1) the sale price of “Komchadluek” assets and
purchase price are reasonable and beneficial for the company and its shareholders and in compliance with reasonable conditions. In this regard, IFA is of the opinion that the acquisition is reasonable
Myanmar. This project will be constructed in late 2020 and the commercial operation date for selling electricity to Ministry of Electricity and Energ for 30 years is scheduled in 2021. The Company is under
located in Mandalay, the Republic of the Union of Myanmar. The first 60MWp of this project will be constructed in late 2020 and the commercial operation date for selling electricity to Ministry of
assistance deemed appropriate reasonable and beneficial to business operation and cost of funding. The interest rate charged from the transaction is considered to be a market rate as dealing with financial
starting from 29 January (Commercial Operation Date) with the total installed capacity of 69 MW . Currently, the Project is completely constructed and in its commercial operation with the following details
reasonable to increase the flexibility in submitting the report to be in line with the operation procedures of the business operators, whereby the business operators may request an extension in submitting
competent officer without a reasonable cause or excuse. This case is in the process of inquiry by the inquiry official. DAB Act S.75 Criminal Complaint Filed with an Inquiry Official Dated 07/09/2022
of information requested by the competent officer without a reasonable cause or excuse. This case is in the process of inquiry by the inquiry official. DAB Act S.75 Criminal Complaint Filed with an
operate such businesses with reasonable costs because the current licensing regime under the Ministerial Regulation is securities license which includes various groups of securities business and all