cannot generate revenue immediately; some investments are not fully utilized or have not reached an optimal level yet; and some projects are delayed. Thus, costs per unit climbed up at this point; 4
shareholder attending the meeting, and has voting rights, excluded the vote of shareholders who has conflict of interest. Furthermore, there is a resolution passed to confer the power regarding (1) the
meeting, and has voting rights, excluded the vote of shareholders who has conflict of interest. Furthermore, there is a resolution passed to confer the power regarding (1) the determination, and alteration
household purchasing power remained weak. Despite improvements of both farm and nonfarm income, households’ purchasing power is compressed by the high debt burden and the waning confidence regarding
hold NDR’s ordinary shares for 20.31% of paid-up Capital and appoint the representative as NDR’s director even though the representative of CRSB is not an executive who controls power in normal operation
accordance with Part 4; (4) power of the SEC Office in granting waivers of rules under this Notification shall be in accordance with Part 5. Part 1 Persons Having the Obligations under this Notification, Types
not an executive who controls power in normal operation of NDR. Therefore, this transaction is categorized as connected transactions regarding to the Capital Market Supervisory Board Announcement
benefit because FKRMM has become NDR’s customer for more than 10 years. About 40% of NDR’s revenue came from FKRMM which is considered as the biggest customer of NDR. Therefore, after NDR has consolidated
-income households. Nevertheless, high levels of household debt continue to weigh on household purchasing power. Headline inflation in the first quarter of 2019 was 1.2 percent, up from 0.4 percent in the