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 in the best interests of Hua-An.
DIRECTORS’ STATEMENT. The Board, having considered all aspects of the Agreement, is of the view that the Agreement is in the best interest of the Company.
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 is of the opinion that the Shareholders’ Agreement is in the best interest of the Company.
DIRECTORS’ STATEMENT. The Board, having considered all aspects of the Proposed Joint Venture including the rationale and effects of the Proposed Joint Venture, is of the opinion that the Proposed Joint Venture is in best interest of the Group.
DIRECTORS’ STATEMENT. After having considered all aspects of the Agreement, the Board is of the opinion that the Agreement is in the best interests 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 Directors of XOX, after taking into consideration of all financial and other factors, is of the opinion that the Joint Venture is in the best interest of the Company.
