Governmental Approvals

Ratification from the Cambodian Government:
The project has been given great attention and support from the government of the Kingdom of Cambodia. Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of the Kingdom of Cambodia, and Samdech Akeak Moha Thomak Pothisal Chea Sim, President of the Senate, have several times granted significant instructions informing the respective governmental organizations to fully support our project by approving our applications in the shortest time.  On 4th May, 2007, the Company obtained the approval document from CDC.
On 24th May, 2007, the Company obtained the approval document from the Ministry of Interior.
On 24th May, 2007, the Company obtained the approval documents from all the 24 provincial or municipal Departments.
On 22nd October, 2007, the Company was granted by MEF a preferential treatment as of 6 years’ income tax exemption effective from the first profitable year.
On 11th December, 2007, the Company was granted by MPTC the LICENSE FOR THE CONSTRUCTION AND OPERATION OF OPTICAL FIBER CABLE BACKBONE SYSTEM AND RELATED INFRASTRUCTURE IN THE KINGDOM OF CAMBODIA with a valid period of 35 years.