Common use of INDEPENDENT FINANCIAL ADVISER Clause in Contracts

INDEPENDENT FINANCIAL ADVISER. As at the date of this announcement, the Company has not appointed an Independent Financial Adviser in connection with the Proposal and the RSU Proposal. The Independent Financial Adviser will be appointed by the Board, with the approval of the Independent Board Committee, in due course to advise the Independent Board Committee on the Proposal, the Scheme and the RSU Proposal. A further announcement will be made after the appointment of the Independent Financial Adviser. The Scheme Document will contain the view of the Independent Board Committee (after considering the advice of the Independent Financial Adviser) on whether the Proposal, the Scheme and the RSU Proposal are fair and reasonable and in the interests of the Shareholders as a whole.