) Depreciation costs 13.14 4.11 15.32 8.49 2.18 16.59 Freight expenses 1.44 0.45 1.62 0.90 0.18 12.50 Others/1 17.44 5.46 38.36 21.27 20.93 120.08 Total cost of sales 319.38 100.00 180.38 100.00 (138.99) (43.52

33.96 62.84 61.80 73.38 27.84 81.98 Labor costs 5.69 10.53 6.41 7.61 0.72 12.65 Depreciation costs 4.91 9.08 5.58 6.63 0.67 13.65 Freight expenses 0.22 0.41 0.60 0.71 0.38 172.73 Others/1 9.26 17.14 9.82

case of oversea branch office, the intermediary shall submit an application for obtaining an approval, by using the form as provided on the SEC Office’s website, together with evidentiary documentation

Office’s website, together with evidentiary documentation to the SEC Office. Clause 9 For the deliberation of the application for obtaining an approval of establishing oversea branch office as prescribed in

, any transaction between each investment policy shall be deemed a transaction with a connected person as well. Division 1 Preparation for Evidentiary Documentation of Transactions ______________ Clause 9

the purpose of establishing the REIT, or an amended contract for appointment of the REIT manager, if any, in case of issuing additional new units; (3) a registration statement, or documentation

by submitting the Financial Advisor Application Form FA-1 together with the evidentiary documentation as specified thereunder in accordance with the guideline in the electronic work system of the SEC

an approval of the offer for sale of newly issued sukuk and filing of relevant evidentiary documentation or any report under Chapter 1; (2) qualifications of Shariah advisor under Chapter 2; (3

connected person as well. Division 1 Preparation for Evidentiary Documentation of Transactions ______________ Clause 9 In the case where an intermediary enters into a transaction for a client with the

. The increased selling expense was due to a change in commercial trade terms, while freight costs were lower due to a change in incoterms from CIF to FCA and Ex-factory, furthermore sea shipments