, consultants, staff training, and marketing and advertising activities, suspending new hires • Optimizing staff by using technology to promote work efficiency and reduce overtime expenses • Renegotiating with
staff travel, consultants, staff training, and marketing and advertising activities, suspending new hires • Optimizing staff by using technology to promote work efficiency and reduce overtime expenses
, waiting for the travel bans to be lifted. The Company aims to provide training sessions for Hongkong storefront staff as soon as a cross-border flight resumes, and the Company will be sending Thai staff to
training, resulting in an increase in operating expenses in many items. As a result, selling and administrative expenses increased. Furthermore, the Company recorded the impairment loss on financial assets
"Advice iStore. Bonus estimation increased from last year. Increased seminar and training costs from in-house employee development programs and employee health insurance benefits Expenses related to the IPO
STRATEGIC UPDATE IN 2019 2019 was marked by notable strategic developments for MACO. The company has successfully laid the foundation for growth in Malaysia and Indonesia, as well as expanded its footprint in
our business and build stronger operational foundation. In 2017, we will pursue selective expansion of new service areas with due consideration to demand and return on investment. At the same time, we
serves 481,500 subscribers as of 3Q17. Striving to become a significant player in the next three years, we continue to expand our business and build stronger operational foundation. In 2017, we will pursue
key drivers for the Company’s aggressive growth. During 2015-2017, the Company has been building foundation and preparing in all areas for the Company’s future growth. Those years are the first phase
characteristically sensitive to the cyclical patterns of Thailand’s advertising environment, we expect our new foundation for growth to make us more competitive and resilient. VGI got off a good start to the new