projects till completion. Thereafter, such interest costs will be recorded as finance costs in the Statement of Income. Upon project completion, loans are repaid in installments along with transfer of
completion of this transaction (it is estimated to complete within the second quarter of 2019), those three directors nominated by the Company will resigned. Shareholding Structure : Existing Shareholding
of KPPH’s shareholding, and KPPH shall become 100% owned subsidiary of CCPH upon completion. Purpose of Amendment To reduce potential taxable risks from Philippines side Estimated Transaction Date
in the contract assets or the accrued revenue from recognized project according to proportion to completion of work but has not yet reached the criteria for issuing invoices to collect money from
deal. Selling and Admin Expenses % Selling and admin expenses to revenue of Q2 2017 and Q2 2016 are 58.18% and 52.11% respectively. The no. of staff has to be retained in order to maintain the standard
to the efficiency of food waste control and raw material purchasing in term of better price and volume deal. Selling and Admin Expenses % Selling and admin expenses to revenue of Q2 2017 and Q2 2016
the Mandalay industrial Zone was significant higher when compared with agreement in the contract. In order to deal with this issue, land requirement and wastewater tariff will be significantly increased
from Japan perpetual license deal. Corrective actions and controls are in place to mitigate rising labor costs and improve forecasting and purchasing practices. Selling and Administrative Expenses In Q2
% decrease in gross profit versus prior year due to a challenging US retail environment higher food costs, changing product mix and 2017 carry over benefit of $700K from Japan perpetual license deal