interim dividend paid-out. As ending of Q3/2019, the Company’s total debt to equity ratio stood at 1.90 times while interest bearing debt to equity ratio was 1.70 times. Looking forward The Company’s

last year. Financing cost to revenue ratio was 10.9%, closed to the same period of last year which was 10. 1%. However, MK still focused on maintaining its interest- bearing debt to equity ratio in an

122.37 12% Interest-bearing debts 0.91 345.48 -100% Employee Benefit Obligation 56.25 37.22 51% Other liabilities 91.93 65.36 41% Total liabilities 285.60 570.43 -50% Total shareholders' equity of the

1,912.16 1,823.65 -4% 0% Trade payable 122.27 116.41 114.71 5% 7% Interest-bearing debts 2.07 200.28 81.69 -99% -97% Employee Benefit Obligation 28.58 32.31 25.46 -12% 12% Other liabilities 59.52 36.79 60.75

of net proceed from base offering in July and over-allotment proceed in August. This proceed would allow us to enhance our capital structure reflecting in net-interest- bearing debt to equity ratio as

. As of December 31, 2017, Net Interest-bearing Debt to Equity improved from 0.45 to 0.31 times as a result of lower debts and higher equity. Shareholders' Equity As of December 31, 2017, shareholders

ratio stood at 1.58 times and the Interest-Bearing Debt ratio was 1.28 times. Forward Looking In the year of 2017, the Company has expanded its business toward Property Development for sale – Newera

was because the Company capital increase from General Mandate and share premium increased from increase capital. The Company debt to equity ratio stood at 1.58 times and the Interest-Bearing Debt ratio

-bearing debts 1.80 81.69 -98% Employee Benefit Obligation 38.35 25.46 51% Other liabilities 80.83 60.75 33% Total liabilities 234.86 282.61 -17% Total shareholders' equity of the Company 1,590.99 1,490.24 7

holding securities or derivatives for its investment; (c) not bearing responsibility for the clearing and settlement for derivatives. Clause 4 The calculation of the net capital under Clause 3 shall be in