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IWEB, Inc. – ‘10-K’ for 12/31/19 – ‘EX-10.26’

On:  Thursday, 4/9/20, at 4:31pm ET   ·   For:  12/31/19   ·   Accession #:  1104659-20-45193   ·   File #:  333-205835

Previous ‘10-K’:  ‘10-K’ on 3/15/19 for 12/31/18   ·   Next:  ‘10-K’ on 4/13/21 for 12/31/20   ·   Latest:  ‘10-K’ on 4/26/23 for 12/31/22   ·   1 Reference:  By:  Agri-Fintech Holdings, Inc. – Next ‘10-K’ on 4/13/21 for 12/31/20

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/09/20  IWEB, Inc.                        10-K       12/31/19   70:5.5M                                   Toppan Merrill/FA

Annual Report   —   Form 10-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML    517K 
 2: EX-10.25    Material Contract                                   HTML     26K 
 3: EX-10.26    Material Contract                                   HTML     25K 
 4: EX-10.27    Material Contract                                   HTML     25K 
 5: EX-10.28    Material Contract                                   HTML     28K 
 6: EX-31.1     Certification -- §302 - SOA'02                      HTML     26K 
 7: EX-31.2     Certification -- §302 - SOA'02                      HTML     26K 
 8: EX-32.1     Certification -- §906 - SOA'02                      HTML     21K 
 9: EX-32.2     Certification -- §906 - SOA'02                      HTML     21K 
60: R1          Document and Entity Information                     HTML     56K 
40: R2          Consolidated Balance Sheets                         HTML    101K 
19: R3          Consolidated Balance Sheets (Parenthetical)         HTML     40K 
52: R4          Consolidated Statements of Comprehensive Loss       HTML     80K 
58: R5          Consolidated Statements of Cash Flows               HTML     81K 
38: R6          Consolidated Statements of Stockholders' Equity     HTML     48K 
                (Deficit)                                                        
17: R7          Organization and Business                           HTML     60K 
51: R8          Summary of Significant Accounting Policies          HTML    230K 
62: R9          Balances With Related Parties                       HTML     45K 
55: R10         Property, Plant and Equipment, Net                  HTML     43K 
49: R11         Common Stock                                        HTML     31K 
21: R12         Short-Term Loan                                     HTML     23K 
41: R13         Income Taxes                                        HTML    138K 
56: R14         Segment Information                                 HTML    119K 
50: R15         Commitments and Contingencies                       HTML     36K 
22: R16         Thailand and Hong Kong Contribution Plans           HTML     24K 
42: R17         Certain Risks and Concentrations                    HTML     26K 
57: R18         Subsequent Events                                   HTML     26K 
48: R19         Summary of Significant Accounting Policies          HTML    275K 
                (Policies)                                                       
28: R20         Summary of Significant Accounting Policies          HTML    199K 
                (Tables)                                                         
33: R21         Balances With Related Parties (Tables)              HTML     44K 
69: R22         Property, Plant and Equipment, Net (Tables)         HTML     42K 
46: R23         Income Taxes (Tables)                               HTML    137K 
29: R24         Segment Information (Tables)                        HTML    118K 
34: R25         Commitments and Contingencies (Tables)              HTML     28K 
70: R26         Organization and Business (Details)                 HTML    170K 
47: R27         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     59K 
                Financial information of Digiwork (Details)                      
27: R28         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     29K 
                Financial information of Digiwork (Details)                      
35: R29         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     29K 
                Financial information of Digiwork (Details)                      
39: R30         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     29K 
                Property, plant and equipment (Details)                          
18: R31         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     24K 
                Translation of amounts from THB into U.S. dollars                
                (Details)                                                        
54: R32         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Net    HTML     35K 
                loss per share of common stock (Details)                         
61: R33         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     38K 
                Financial information of OBON Thailand (Details)                 
37: R34         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     61K 
                Financial information of OBON Thailand (Details)                 
16: R35         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     61K 
                Additional Information (Details)                                 
53: R36         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     90K 
                Narrative (Details)                                              
59: R37         Balances With Related Parties (Details)             HTML     28K 
36: R38         Property, Plant and Equipment, Net (Details)        HTML     32K 
20: R39         Property, Plant and Equipment, Net - Additional     HTML     23K 
                Information (Details)                                            
32: R40         Common Stock (Details)                              HTML     62K 
25: R41         Short-Term Loan (Details)                           HTML     27K 
45: R42         INCOME TAXES - Foreign components of loss before    HTML     30K 
                income taxes (Details)                                           
66: R43         INCOME TAXES - CIT in Thailand at the following     HTML     27K 
                reduced rates (Details)                                          
31: R44         INCOME TAXES - Reconciliation of loss before        HTML     47K 
                income taxes (Details)                                           
24: R45         INCOME TAXES - Deferred tax assets and liabilities  HTML     35K 
                (Details)                                                        
44: R46         INCOME TAXES - Additional Information (Details)     HTML     55K 
65: R47         Segment Information (Details)                       HTML     69K 
30: R48         Commitments and Contingencies (Details)             HTML     39K 
26: R49         Commitments and Contingencies - Capital             HTML     22K 
                commitments (Details)                                            
23: R50         Thailand and Hong Kong Contribution Plans           HTML     24K 
                (Details)                                                        
43: R51         Certain Risks and Concentrations (Details)          HTML     43K 
64: R52         Subsequent Events (Details)                         HTML     42K 
67: XML         IDEA XML File -- Filing Summary                      XML    117K 
68: EXCEL       IDEA Workbook of Financial Reports                  XLSX     74K 
10: EX-101.INS  XBRL Instance -- iwbb-20191231                       XML   1.70M 
12: EX-101.CAL  XBRL Calculations -- iwbb-20191231_cal               XML    115K 
13: EX-101.DEF  XBRL Definitions -- iwbb-20191231_def                XML    473K 
14: EX-101.LAB  XBRL Labels -- iwbb-20191231_lab                     XML    712K 
15: EX-101.PRE  XBRL Presentations -- iwbb-20191231_pre              XML    758K 
11: EX-101.SCH  XBRL Schema -- iwbb-20191231                         XSD    127K 
63: ZIP         XBRL Zipped Folder -- 0001104659-20-045193-xbrl      Zip    131K 


‘EX-10.26’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 

Exhibit 10.26

 

Power of Attorney

 

The undersigned, Wanee Watcharakangka, a citizen of Thailand and a holder of 1,000 shares of interests of OBON Corporation Company Limited (the “Thai Company”) (the “Shareholding”), hereby irrevocably authorizes any natural person appointed by One Belt One Network Holdings Limited (the “BVI Company”) to exercise the following rights during the Term of this Power of Attorney:

 

Any natural person appointed by the BVI Company is hereby authorized to exercise on behalf of the undersigned as his sole and exclusive agent the rights in respect of the Shareholding including without limitation: (1) attend shareholders’ meeting of the Thai Company and sign resolutions thereof on behalf of the undersigned; (2) exercise all rights of the undersigned as a shareholder of the Thai Company according to laws and the articles of association of the Thai Company, including without limitation the rights to vote and to sell, transfer, pledge, dispose all or any part of the Shareholding, to increase the authorized shares or issue new shares of Thai Company; and (3) designate and appoint on behalf of the undersigned the legal representative, chairperson, director, supervisor, chief executive officer and any other senior management of the Thai Company.

 

Pursuant to the powers and authorities provided under this Power of Attorney, any natural person appointed by the BVI Company will have the right to sign on behalf of the undersigned any transfer agreement contemplated under the Exclusive Purchase Option Agreement to which the undersigned will be a party, and to perform the Equity Pledge Agreement and the Exclusive Purchase Option Agreement, each of which is dated the date hereof and to which the undersigned is a party.  Exercise of such right will not have any restriction upon this Power of Attorney.

 

Unless otherwise provided under this Power of Attorney, any natural person appointed by the BVI Company has the right to transfer, apply or otherwise dispose any cash dividend, bonus and any other non-cash gain arising from the Shareholding without reliance of any oral or written instruction from the undersigned.

 

Unless otherwise provided under this Power of Attorney, any natural person appointed by the BVI Company has the right to take any action regarding the Shareholding according to his/her own judgment without any oral or written instruction from the undersigned.

 

Any and all the actions associated with the Shareholding made by any natural person appointed by the BVI Company will be deemed as the action of the undersigned, and any and all documents relating to the Shareholding executed by any natural person appointed by the BVI Company shall be deemed to be executed and acknowledged by the undersigned.

 

Any natural person appointed by the BVI Company may delegate this power of attorney by assigning his/her rights relating to the conduct of the aforesaid matter and exercise of the Shareholding to any other person or entity at his/her own discretion without prior notice to or consent from the undersigned.

 

This Power of Attorney is irrevocable and effective as of the date hereof as long as the undersigned is a shareholder of the Thai Company (the “Term of this Power of Attorney”).  This Power of Attorney supersedes any other power of attorney previously signed by the undersigned.

 

During the Term of this Power of Attorney, the undersigned hereby waives all of the rights associated with the Shareholding which have been authorized to any natural person appointed by the BVI Company and will not exercise any such right by himself.

 

 

By: /s/ Wanee Watcharakangka  
Wanee Watcharakangka  
Dated: October 30, 2019  

 

 C: 

 

 

 

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:4/9/20
For Period end:12/31/19NT 10-K
10/30/198-K,  8-K/A
 List all Filings 


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/13/21  Agri-Fintech Holdings, Inc.       10-K       12/31/20   72:6.7M                                   Toppan Merrill/FA
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Filing Submission 0001104659-20-045193   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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