expected to operate in the mid of 2020 Due to on-going political unrest in Hong Kong, After You has responded to such conditions by postponing the first franchisee store that was expected to start operation

Company has negative cash flow from having losses from operation for several consecutive years. Causes are from change in media consumption behavior from print media to online media and overall economic

Company set the 9 years strategy (2016-2025) with Balance, Diversify and Expand strategies to achieve the following objectives: 1. Double number of rooms in hotel operation 2. Balance the Company portfolio

TS1 and Gulf TS2 in this quarter, adding our Equity MW under operation to 447.1 MW from 319.3 MW in the same period of last year. • Financial costs decreased by 35.3%, mainly from loan repayment from

. As a result the operation in the 3rd quarter of , decrease as significantly. These successes are the result from management policies and key expenses in , to prepare us for market expansion and growth

according to % acquired or disposed NTA1of the Company and subsidiaries N/A N/A 2. Net profit from the operation Net profit from the operation of the entity under transaction according to % acquired or

under transaction according to % acquired or disposed NTA1of the Company and subsidiaries N/A N/A 2. Net profit from the operation Net profit from the operation of the entity under transaction according

second quarter of 2017, Gulf TS1 and Gulf TS2 in the third quarter of 2017 and Gulf TS3 in the last quarter of this year, adding our Equity MW under operation, at the end of 2017, to 478.4 MW from 349.6 as

with the SEC Office when the operation and evidentiary documentation relating to assigned duties of the representative is inspected. Chapter 2 Superintending Representative by Management Company

from appointing a sub-representative; **(4) stipulating that the representative must cooperate with the SEC Office when the operation and evidentiary documentation relating to assigned duties of the