size is equivalent to or more than 15% but less than 50% when evaluating the item size conforming to the criteria of total asset value of return. It is 3.99% of total assets of company’s of the

disposition”); the item size is equivalent to or more than 15% but less than 50% when evaluating the item size conforming to the criteria of total asset value of return. It is 3.99% of total assets of company’s

2017 and 34.7 to 36.2 in 2016. However, the company has no policy to speculate on the exchange rate but continues its prudent policy in the full hedging on net position of each currency’s exposure to

at the Land Office where the lands are located. So that, the Company’s Board has considered the value of the lands are appropriate by taking the same condition of evaluating price of the Land

per ton (YoY) in an otherwise strong season. Figure 1: IVL Quarterly Core EBITDA (LTM) The steady improvement seen in IVL’s core earn- ings follows on from IVL’s consistent strategy of prudent

earnings im- pact from the seasonal maintenances. Figure 1: IVL Quarterly Core EBITDA (LTM) The steady improvement seen in core earnings follows on from IVL’s strategy of prudent invest- ments in the higher

2018), which is higher than 0.03% but less than 3% of the Company’s NTA. Evaluating the size of all recent 6 months of the Company and its subsidiaries prior to the Transaction date regarding the Related

to speculate on the exchange rate but continues its prudent policy in the full hedging on net position of each currency’s exposure to minimize potential impact from exchange rate fluctuation. Source

once again in 2019. However, the company has no policy to speculate on the exchange rate but continues its prudent policy in the full hedging on net position of each currency’s exposure to minimize

mall and become a convenient gathering for customers. Prudent Financial Management and Funding Strategy In 2017, CPN’s average cost of fund stood at 2.81%, lower than the previous year at 3.23