Common use of AUDIT COMMITTEE’S STATEMENT Clause in Contracts

AUDIT COMMITTEE’S STATEMENT. The Audit Committee of Capital A, having considered all aspects of the Transaction, is of the view that the Transaction is in the best interest of the Company as the Agreement is entered under fair, reasonable and on normal commercial terms which are not detrimental to the interests of the minority shareholders of the Company.

AUDIT COMMITTEE’S STATEMENT. The Audit Committee of Capital A, having considered all aspects of the TransactionTransactions, is of the view that the Transaction is in the best interest of the Company as the Agreement Transaction is entered under fair, reasonable and on normal commercial terms which are not detrimental to the interests of the minority shareholders of the Company.