STATEMENT BY THE DIRECTORS Sample Clauses
STATEMENT BY THE DIRECTORS. The Board of MBMR, having considered the rationale and all other relevant factors of the Proposed Acquisition, is of the opinion that the Proposed Acquisition is in the best interest of the Group.
STATEMENT BY THE DIRECTORS. The Board of Directors of Borneo Oil Berhad is of the opinion that the entering into the Said Agreement is in the best interest of the Company / Group.
STATEMENT BY THE DIRECTORS. The Board of DiGi is of the opinion that the Proposed Transfer is in the best interest of DiGi.
STATEMENT BY THE DIRECTORS. After having considered all aspects of the Proposals, the Directors of SCOMI are of the opinion that the Proposals are in the best interest of SCOMI.
STATEMENT BY THE DIRECTORS. The Board is of the opinion that the Proposed Acquisition, if implemented, will be in the best interest of the Company.
STATEMENT BY THE DIRECTORS. The Board of Directors, having considered all aspects of the Proposed Subscription, is of the opinion that the Proposed Subscription is fair and reasonable and is in the best interest of Industronics.
STATEMENT BY THE DIRECTORS. The Board, after having considered the rationale and all aspects of the Proposed Joint Venture, is of the view that the Proposed Joint Venture is in the best interest of Sanichi.
STATEMENT BY THE DIRECTORS. The Board (save for TNTJ who has abstained in expressing an opinion on the Proposed Acquisition of PIPO Group and Proposed Scheme of Arrangement with Creditors), after having considered the present financial position of Antah and the terms of the Proposed Restructuring Scheme, is of the opinion that the Proposed Restructuring Scheme is in the best interest of Antah.
STATEMENT BY THE DIRECTORS. The Board, having considered all aspects of the JVA is of the opinion that the Joint Venture is in the best interests of the Company and not detrimental to the interests of the minority shareholders of the Company.
STATEMENT BY THE DIRECTORS. The Board, save for the interested Directors, having considered all aspects of the Agreement including salient terms of the Agreement and effects of the Agreement, is of the opinion that the Agreement is:-
(i) in the best interest of the Company;
(ii) fair, reasonable and on normal commercial terms; and
(iii) is not detrimental to the interest of the non-interested shareholders of the Company