Board of Directors Meeting No. 4/2017, the Board of Directors passed a resolution to adjust the principal business policy to real estate development. Later, the company expanded its property development
as a deposit for assets and machinery for share payment. Eco has use the deposit as capital injection. However, the agreement has been terminated on 24th May 2019. Eco has to adjust the transaction by
Purchaser also agreed to adjust the Enterprise Value by the amount of cash, interest-bearing liabilities and actual net working capital of the Targets as at the Completion Date under the terms and method
the COVID-19 outbreak result of crude premium to adjust downward with significance. Despite the finished product and reference crude price crack spread for most products had been declining continuously
competition that affected the total marketing margin. This is in part due to lubricant production cost in 2017 that increased, while the company was unable to adjust lubricant selling price to coincide with the
conglomerate business partner from Myanmar who invests in various businesses including property, mining automotive, manufacturing and food and beverage. Resort on Island 3 of CROSSROADS project is composed of 80
recorded one-off expenses related to the COMASS transaction and to the bidding of street furniture media concessions in Myanmar. The increase in SG&A from Digital Services is mainly due to Rabbit Group’s
Concession Loan Facility is to finance B.Grimm Power’s renewable energy projects in the Philippines, Lao PDR, Myanmar, Cambodia, Indonesia and Vietnam. In addition, on August 10, 2017 we also entered into the
continuously. As well, the Company also aims to expand business to CLMV countries (Cambodia, Lao PDR, Myanmar, and Vietnam); which are the countries having interesting growth direction of business. The Company
quarterly sales to Myanmar in 1Q/2018 as the local trade partners expanded their distribution coverage as well as adopted effective promotion campaigns in relation to the Group’s official football sponsorship