official will perform an investigation before recommending the case to the public attorney who has authority for prosecution. The power to adjudicate whether any person is guilty or not is, however, vested
of NAUTIC’s shares. This may result in WORLD missing information or issues that could adversely affect WORLD; (5) WORLD’s controlling power and the right to receive dividends from WIE, both directly
assets in the capital maintenance reports; (2) had concealed business control power and lacked good corporate governance by allowing the person, who was neither a company’s director, executive, nor staff
% due to sales orders and cost of goods sold have been decreased and controlled inventories turnover to be less than 45 days. Also, the Crude Palm Oil (“CPO”) price was fluctuated in 2018 (in range of 7
period of new branches. However, the cost of food and beverages for core brands was well-controlled and even decreased from the previous year. Selling and Distribution Expenses (1) For the years ending 31
mobile leadership and expanding other businesses. As process digitization continues, operating expense is expected to be controlled, offset by the cost to support network growth in all businesses. As a
2016 2017 2018 Investment in jointly-controlled entity 700,000 700,000 700,000 Equipment 1,021,248 13,237,562 15,280,393 Intangible assets - 16,510 469,457 Deferred tax assets - 246,605 7,033,281 Other
jointly-controlled entity 700,000 700,000 700,000 Equipment 1,021,248 13,237,562 15,280,393 Intangible assets - 16,510 469,457 Deferred tax assets - 246,605 7,033,281 Other non-current assets - 2,495,158
- 7,200,000 1,200,000 Inventories 437,142 28,180,204 32,865,571 Total current assets 2,542,840 115,216,750 157,533,002 Non-current assets Investments in subsidiary - - - Investment in jointly-controlled entity