Guardforce Ai Co Limited's Comment on Supply Chain
The company identifies potential risks to its operations and financial results arising from trade tensions and geopolitical developments, which could lead to supply chain disruptions and commodity price volatility. Its corporate structure in Thailand is designed to comply with the Foreign Business Act B.E. 2542 (1999) and the Security Guard Business Act B.E. 2558 (2015), both of which limit foreign ownership in certain business activities. To maintain direct foreign ownership below 50% in its Thai entities, the company employs a tiered shareholding structure, enabling consolidation of these entities as subsidiaries. Legal counsel Watson Farley & Williams (Thailand) Limited has provided an opinion confirming that this shareholding structure complies with applicable laws.
Guardforce Ai Co Limited's Comment on Supply Chain
The company identifies potential risks to its operations and financial results arising from trade tensions and geopolitical developments, which could lead to supply chain disruptions and commodity price volatility. Its corporate structure in Thailand is designed to comply with the Foreign Business Act B.E. 2542 (1999) and the Security Guard Business Act B.E. 2558 (2015), both of which limit foreign ownership in certain business activities. To maintain direct foreign ownership below 50% in its Thai entities, the company employs a tiered shareholding structure, enabling consolidation of these entities as subsidiaries. Legal counsel Watson Farley & Williams (Thailand) Limited has provided an opinion confirming that this shareholding structure complies with applicable laws.
Sources:
Guardforce Ai Co Limited's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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