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

specified as prohibited characteristic in Group 2 under Clause 30; (3) having a reasonable ground to believe that there is a materially inappropriate demeanor [i] affecting clients , investors , the company

for management in the manner of deceit, fraud or dishonesty 1 relating to offences against property as specified as prohibited characteristic in Group 2 under Clause 30; (3) having a reasonable ground

, derivatives business or trust business as a whole, or injury of business reputation, financial status, business operation or its clients ; (3) having a reasonable ground to believe that there is or was [i] a

to procure, for himself or the other person, any advantage to which he is not entitled by law. 15 (3) having a reasonable ground to believe that there is a materially inappropriate demeanor [i

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