"), a shareholder of the Company, that on 22 July 2020, Credit Suisse AG, Hong Kong Branch ("CS"), has returned to SPM SG 626,301,966 of shares in the Company, following the termination of the Stock
company shall provide a reservation of information and computer system of the securities company which is capable of supporting the business operation continuously, efficiently and up to date. Clause 9. The
correctly. Clause 8. The securities company shall provide a reservation of information and computer system of the securities company which is capable of supporting the business operation continuously
percent of total expenses respectively. The decrease in selling expenses was mainly due to expenses associated with reservation system and other supporting selling systems. Administrative Expenses The
respectively. The decrease in selling expenses was mainly due to expenses associated with reservation system and other supporting selling systems. Administrative Expenses The administrative expenses of the
reservation, advertising and sale promotion and supporting selling system expenses. Administrative Expenses The administrative expenses of the Company for the first quarter of year 2019 and year 2020 were
expenses respectively. Selling expenses mainly consist of advertising expenses, salary & allowances and booking & reservation fees. Administrative Expenses The administrative expenses of the Company for the
significant increase in selling expenses during the third quarter was the pay back for the usage of reservation system. Administrative Expenses The administrative expenses of the Company for the third quarter
expenses was mainly due to expenses associated with reservation system and other supporting selling systems. Administrative Expenses The administrative expenses of the Company for the first quarter of year
expenses was mainly due to expenses associated with reservation system and other supporting selling systems. Administrative Expenses The administrative expenses of the Company for the first quarter of year