instruments as a result of capital increase during the first quarter and proceeds from disposition of assets in the following quarter in 2018. Profit and Loss Results In 2018, the Company recorded net loss of
WCIG branches have been closed during 2018. According to loss performance and franchise model concept, it affects with significant drop of the business valuation of the subsidiary company due to the
and Valuation criteria of the transaction. 5.1 The Connected Transaction that occurred during the period of 6 months before the date that the company renew the transaction with the person and close
: Working Capital for development of projects. 3. Total Value and Valuation criteria of the transaction. 3.1 The Connected Transaction that occurred during the period of 6 months before the date that the
period ended March 31, 2019. The Company did not enter into any acquisition transaction during the past six months. which the scope of transaction type 2. Therefore, the Company must disclosure to the
Agreement on 7th August 2019 in relation to the proposed Transaction. The Company expects the closing of the Transaction to be during the Q4/2019 subject to the applicable regulatory approvals. 2. Parties
. The transaction size on acquisition of asset equal to 5.45% in accordance to book value method. As there has been no other transaction during the past 6 months, so it is required to disclose the
reach. During 2017, MACO also has started to introduce digital media into its product portfolio. These above-mentioned developments already borne fruit to our solid performance throughout 2017. In this