reflects the company’s determination to enhance its sustainability information reporting in accordance with the Sustainable Development Goal, SDG 12.6. Economic Overview and Competition in Commercial Banking
increased tourist-related usage during the festive period in April and May. Competition shifted towards value-based offerings with more personalized packages to gain ARPU. The handset market slowed down in
with ongoing data consumption demand, supported by rising tourist arrivals, benefiting the prepaid segment. Competition continued shifting towards value- based offerings with more benefits and
under the Credit Agreement since the provision of loans under the said Credit Agreement is subject to various conditions precedent as provided in 6), e.g. the Company must obtain approval from its Board
Thailand (“SET”) and shall require the approval from the shareholders’ meeting of the Company, along with the appointment of an Independent Financial Advisor (“IFA”) for entering into such Transaction and
intensified competition, and the refinery’s TAM which resulted in the lower volume of finished oil produced. On the other hand, retail market which is the company’s main distribution channel recorded sales
market recorded marginally lower oil sales compared to the previous year due to the intense competition brewing within the industrial market, and stock management within the refinery during the
issued shares of NPSI, which is the maximum shareholding percentage allowed under the laws of the Philippines. The shares acquisition transaction was subject to the approval from the meeting of the
. While waiting for the court approval of the rehabilitation plan, in order to generate liquidity and has continual production as well as increase sale volume of GJ Steel since the market demand of hot