0.25% per annum (the normal interest rate of the loan for the associated companies) whereby PF will adjust the said interest rate for twice a year in January and June. At present, the interest rate is

had to be closed according to government policy. But the company was able to adjust to its profitable operating results this quarter details as follows: Management Discussion and Analysis Q2/2020 Page 3

, TFRS 9 Financial Instruments and TFRS 16 Leases, by adjusting from the retained earnings as of January 1, 2020 and didn’t adjust the financial statement of the previous year. The adjustments of right-of

and operation, and that the staff are moving forward in the same direction in order for the company to adjust, grow, and create value to the business, the stakeholders and the society as a whole.The CG

and medium-sized enterprises (SMEs), are having to brace for regulatory changes as well. These include the single-account scheme, taxation of funds transfer for online purchase, and a land and building

the fund upon an approval from the Office in case as specified in Clause 14 or clearly specified in mutual fund management scheme and prospectus or approved by the resolution from unitholders in case of

the affiliated transaction for the fund upon an approval from the Office in case as specified in Clause 14 or clearly specified in mutual fund management scheme and prospectus or approved by the

scheme and prospectus or approved by the resolution from unitholders in case of Clause 15 or obtain an approval from mutual fund supervisor, or consent from clients or provident fund committee, as the case

fund management; “fund scheme” means a mutual fund investment scheme; “obligation” means the obligation between the unit holders and the management company; “selling agent” means a person who is assigned

increase or maintain their workforce. In continual support of the government’s SME single-account scheme, meanwhile, KBank offered a loan product requiring SME entrepreneurs to use the financial statements