monetization to WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (WHART) and HREIT in the late 2017 and the beginning of 2018 respectively, thereby reducing the leasable area. Gross
Investment Trust (WHART) and HREIT in the late 2017 and the beginning of 2018 respectively, thereby reducing the leasable area. Gross profit from rental and service of warehouses, distribution centers and
purpose of reducing the deficit in the separate financial statements of the Company. 5 November 2018: U City’s ordinary and preferred shares start trading at new par value. The reverse stock split which
and reducing unnecessary operating expenses coupled with developing digital and online platform, monetizing brand and focusing more on consumers. In addition, entering into such transactions will help
reducing operating hours for the remainder. These measures lasted for 46 days in the second quarter, starting from 1st April to 16th May 2020. The details are as follows: - April: In total, some 69 HomePro
administrative expenses has significantly reduced compared to the normal operating range by reducing more than 70 percent during the period of locking down. After the government eased the lock down measure
commercial operation of hospitality business since April in accordance with measures containing COVID-19 announced by local governments. Regardless an effective cost management together with reducing variable
alleviate the public’s burden of utility expenses. The Company’s assistance measures support the PWA’s assistance measures to the public, such as, reducing tap water tariff and refunding water meter deposit
and reducing the utilities consumption. However, the Company has put significant focus on enhanced health and safety standards which have allowed our customers and employees to feel safe in our stores
, reducing numbers of day branch employee come to work and negotiating with certain department stores for the exemption of rental expenses during the store closure and potential extension of the reduced rental