and reducing unnecessary operating expenses coupled with developing digital and online platform, monetizing brand and focusing more on consumers. In addition, entering into such transactions will help
shareholders as at the closing date ( XM ) on April 4, 2017 and adjusted by the report ( 246-2 Form) as at September 4, 2017 and July 27, 2017 as follows, No Name Shares % 1. News Network Corporation Public
inevitably affected the Company’s operating revenue. In addition, the Company had invested in renovating its long overdue hotels to enhance competitive edge in the market. Moreover, the economic slowdown and
............................................................... 9 VIII. INFORMATION ABOUT THE ISSUER ................................................................ 9 IX. OPERATING AND FINANCIAL REVIEW AND PROSPECTS ................................. 11 X
’ operating results for the year ended December 31st 2017 EBITDA Structure of the Company and its subsidiaries Q4/2016 Q3/2017 Q4/2017 YoY QoQ FY2016 FY2017 YoY Total Revenue 40,481 39,009 46,306 14% 19
and operating policy decisions of the enterprise but is less than control over those policies. The shareholder beneficially owning more than 10% interest in the voting shares of the company is presumed