from the covid-19 situation resulting in higher expected credit loss amount during 3Q20 when comparing to the same period last year. For loan portfolio, the Bank continues to focus on asset quality
2018, BOD’s meeting approved the revision of the investment policy to manage liquidity regarding the investment limit. In order to maximize the use of cash because the Board of Directors expected that
cash because the Board of Directors expected that there will be additional surplus liquidity from operations and the capital increase from the IPO during the period which there are no plans to use the
measurement in several countries resulting a significant decrease across economic activities which expected a deep economic deceleration throughout the year. During the last period shrinking economy impacted
TV, print, magazines, etc. , combined with the ongoing development of new products and menu offerings. Additionally, the overall sales revenues increased also because of price adjustments made for the
expected of the approval process to list our products on shelves. However, ICUK still aims to further entail the distribution coverage expansion in all channels while raising the same store sales growth with
period of previous year as certain operating cost cannot be immediately reduced during the change in situation. Nevertheless, the Company has prepared cost saving initiatives and expected to see the effect
department store was opened in April and other retail tenants are in the process of store fit-out. Hence, the occupancy rate is expected to increase throughout the year. “TRIBHUM”, the world’s first 3D
to the tender offer date. 7. Expected Benefits to the Company The entering into of the Shares Purchase Transaction is in line with a crucial strategy of the Company, as it will benefit the Company and