Company: NUTR
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001641172-25-000449
Chunk: 280

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 280
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 Vietnam, Singapore or Malaysia will not be subject to income, withholding or other taxes under, the laws and regulations of Indonesia, Vietnam, Singapore and Malaysia, or any political subdivision or taxation authority thereof or therein and will otherwise be free and clear of any other tax, duty, withholding or deduction in Indonesia, Vietnam, Singapore and Malaysia or any political subdivision or taxing authority thereof or therein and without the necessity of obtaining any governmental authorization in Indonesia, Vietnam, Singapore and Malaysia or any political subdivision or taxing authority thereof or therein.

(jj) Not a PFIC. Except as disclosed in the Disclosure Materials, Registration Statement and Prospectus, the Company does not expect that it will be treated as a Passive Foreign Investment Company (“ PFIC”) within the meaning of Section 1297 of the United States Internal Revenue Code of 1986, as amended, for its current taxable year. The Company has no plan or intention to operate in such a manner that would reasonably be expected to result in the Company becoming a PFIC in future taxable years.

(kk) [Reserved].

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(ll) Foreign Private Issuer Status. The Company is a “foreign private issuer” within the meaning of Rule 405 under the Act.

(mm) Choice of Law. The choice of law provision set forth in this Agreement constitutes a legal and valid choice of law under the laws of the United States, Indonesia, Vietnam, Singapore and Malaysia and will be honored by courts in the United States, Indonesia, Vietnam, Singapore and Malaysia, subject to compliance with relevant civil procedural requirements (that do not involve a re-examination of the merits of the claim) in the United States, Indonesia, Vietnam, Singapore and Malaysia. The Company has the power to submit, and pursuant to Section 14of this Agreement, has legally, validly, effectively and submitted, to the personal jurisdiction of each of the New York Courts, and the Company has the power to designate, appoint and authorize, and pursuant to Section 14of this Agreement, has legally, validly, effectively and irrevocably designated, appointed an authorized agent for service of process in any action arising out of or relating to this Agreement, or the Securities in any New York Court, and service of process effected on such authorized agent will be effective to confer valid personal jurisdiction over the Company as provided in Section 14of this Agreement.

(nn) Recognition of Judgments. Except as described under the section “Enforceability of Civil Liabilities” in the Prospectus, the courts of Indonesia, Vietnam, Singapore and Malaysia