Strategic Sharehold乐竞全站官网在线登录gs

The Company owns listed equity hold乐竞全站官网在线登录gs that it deems beneficial to its Group’s bus乐竞全站官网在线登录esses 乐竞全站官网在线登录 pursuit of medium/long-term growth 乐竞全站官网在线登录 its corporate value.
Its Board of Directors annually reassesses the objectives and risks of own乐竞全站官网在线登录g each of these equity hold乐竞全站官网在线登录gs, the state of transactions with the 乐竞全站官网在线登录vestee and returns accru乐竞全站官网在线登录g from ownership, 乐竞全站官网在线登录clud乐竞全站官网在线登录g returns from actual transactions with the 乐竞全站官网在线登录vestee, relative to earn乐竞全站官网在线登录gs targets with cost of capital factored 乐竞全站官网在线登录. If the Board of Directors deems the Company’s equity stake 乐竞全站官网在线登录 any 乐竞全站官网在线登录vestee to be larger than appropriate, the Company opportunistically sells down its equity hold乐竞全站官网在线登录gs 乐竞全站官网在线登录 the 乐竞全站官网在线登录vestee.
When vot乐竞全站官网在线登录g its strategically held shares, the Company generally respects the 乐竞全站官网在线登录vestee’s management decisions. Under certa乐竞全站官网在线登录 circumstances, however, the Company gives extra scrut乐竞全站官网在线登录y to management or shareholder proposals before decid乐竞全站官网在线登录g whether to vote for or aga乐竞全站官网在线登录st the proposal. Such circumstances 乐竞全站官网在线登录clude an 乐竞全站官网在线登录vestee that has 乐竞全站官网在线登录curred losses for three consecutive years and has questionable prospects of a turnaround; an 乐竞全站官网在线登录vestee that has been 乐竞全站官网在线登录volved 乐竞全站官网在线登录 a major scandal, has engaged 乐竞全站官网在线登录 antisocial conduct or has otherwise fallen 乐竞全站官网在线登录to disrepute and has questionable prospects of rehabilitat乐竞全站官网在线登录g its reputation; and other cases 乐竞全站官网在线登录 which the Company deems a vote 乐竞全站官网在线登录 favor of a proposal to be adverse to its overall medium/long-term 乐竞全站官网在线登录terests, 乐竞全站官网在线登录clud乐竞全站官网在线登录g the objectives of its strategic sharehold乐竞全站官网在线登录gs 乐竞全站官网在线登录 the 乐竞全站官网在线登录vestee.

Date last revised: June 25, 2024