Pursuant to the Official Letter No. 33 dated 03/01/2018 by Ministry of Industry and Trade on approving the criteria for selecting strategic investors of EVNGENCO 3 the Parent Company – (under EVN), criteria for choosing strategic investors is as follows:: Having full legal status as regulated by law; Having strong financial capability and having business results for the last 3 years up to the time of registering to buy shares with profit and no accumulated loss; Priority Investors are organizations or joint ventures experienced in the field of energy or technology related to power generation (management, operation of power plants, coal supply, LNG supply, maintenance, EPC, OEM, etc.) or investors with strong financial capacity and are able to support EVNGENCO 3 in arranging investment capital for power projects in in future. Priority is given to investors who have a plan to support the Corporation post equitization in the transfer of new technology; human resource training; improving financial capacity; corporate governance and material supply. Having written commitments when registering to become strategic investors of the equitized enterprises on the following contents: To continue maintaining and developing power production and brand names of the equitized enterprise for at least 3 (three) years from the time of becoming strategic shareholders. To commit not to transfer purchased shares for a minimum period of 05 (five) years from the date the Joint-stock Company is granted the first business registration certificate operating under the Enterprise Law. Strategic investors have obligation to indemnify when violating signed commitments with the indemnity level determined according to the actual damage. The Government will have the right for the use of the entire shares purchased by strategic investors when the investors violate the signed commitments. Attachment No.2: REGISTRATION DOCUMENTS OF STRATEGIC INVESTORS The registration documents of strategic investors shall include the followings: Investment Capacity Documents Strategic Investor Registration Form (Original Copy signed by Legal Representative) (The Registration Form Template is attached) Business Registration Certificate (Certified Copy).
Pursuant to the Official Letter No. 33 dated 03/01/2018 by Ministry of Industry and Trade on approving the criteria for selecting strategic investors of EVNGENCO 3 – the Parent Company (under EVN), criteria for choosing strategic investors is as follows:: Having full legal status as regulated by law; Having strong financial capability and having business results for the last 3 years up to the time of registering to buy shares with profit and no accumulated loss; Priority Investors are organizations or joint ventures experienced in the field of energy or technology related to power generation (management, operation of power plants, coal supply, LNG supply, maintenance, EPC, OEM, etc.) or investors with strong financial capacity and are able to support EVNGENCO 3 in arranging investment capital for power projects in in future. Priority is given to investors who have a plan to support the Corporation post equitization in the transfer of new technology; human resource training; improving financial capacity; corporate governance and material supply. Having written commitments when registering to become strategic investors of the equitized enterprises on the following contents: To continue maintaining and developing power production and brand names of the equitized enterprise for at least 3 (three) years from the time of becoming strategic shareholders. To commit not to transfer purchased shares for a minimum period of 05 (five) years from the date the Joint-stock Company is granted the first business registration certificate operating under the Enterprise Law. Strategic investors have obligation to indemnify when violating signed commitments with the indemnity level determined according to the actual damage. The Government will have the right for the use of the entire shares purchased by strategic investors when the investors violate the signed commitments. Attachment No.2: REGISTRATION DOCUMENTS OF STRATEGIC INVESTORS The registration documents of strategic investors shall include the followings: Investment Capacity Documents Strategic Investor Registration Form (Original Copy signed by Legal Representative) (The Registration Form Template is attached) Business Registration Certificate (Certified Copy).
3-thumoicdcl_evngenco3_eng_WUTC.docx