DIRECTORS’ STATEMENT. The Board is of the opinion that the Shareholders’ Agreement is in the best interest of the Company.
DIRECTORS’ STATEMENT. The Board of Directors of Hua-An, having considered all aspect of the Proposed Acquisition, is of the opinion that the execution of the Proposed Acquisition is in the best interests of Hua-An.
DIRECTORS’ STATEMENT. After having considered the terms, rationale and all aspects of the Tenancy Agreement, the Board is of the opinion that the Tenancy Agreement is in the best interests of the Company, pending the commencement of the Proposed Development.
DIRECTORS’ STATEMENT. After having considered all aspects of the Proposed JV, the Board is of the opinion that the Proposed JV is in the best interest of the Company.
DIRECTORS’ STATEMENT. The Board having reviewed and considered the terms and conditions of the Agreement, is of the opinion that the Agreement is in the best interests of the Company and the terms and conditions of the Agreement are fair, reasonable and on terms that are not detrimental to the interest of the minority shareholders of the Company.
DIRECTORS’ STATEMENT. The Board, having considered all aspects of the MOU, is of the opinion that the MOU is in the best interest of the Company.
DIRECTORS’ STATEMENT. The Board, having considered all aspects of the Joint Venture, is of the opinion that the Joint Venture is in the best interest of the Company.
DIRECTORS’ STATEMENT. After having taken into consideration all aspects of the DA, the Board is of the opinion that the DA is in the best interest of the BENALEC Group.
DIRECTORS’ STATEMENT. The Board (save for the Interested Directors), after having considered all aspects of the Proposed Construction and after careful deliberation, is of the opinion that the Proposed Construction is in the best interests of the Company. The view of the Board (save for the Interested Directors) was arrived at after having considered, among others, the terms and conditions of the Management Contract, the QS’ independent analysis of the GDC for the Development, the rationale for and prospects of the Proposed Construction as well as after discussion with the advisers appointed by the Company, as set out in Section 11 of this Announcement.
DIRECTORS’ STATEMENT. The Board of Directors of TCTB, having considered all aspect of the Proposed Acquisition, is of the opinion that the execution of the Proposed Acquisition in the best interests of TCTB.
