revenue, and higher hotel personnel expenses, which incurred to support the expansion of hotel management business in which the Company has successfully secured the management contracts. The company’s
, the Company has entered into cross currency interest rate swap contracts to hedge its debt. However, the Company has unused unsecured revolving credit facilities as of February 29, 2020 totaling 3,000
transaction and establishment of Subsidiary, as necessary and appropriate under relevant laws. This includes the signing, certification, amendment of all contracts and other documents related to such
has adopted TFRS 15, Revenue from Contracts with Customers, on modified retrospective approach. As a result, AIS elected to recognize the cumulative effect of initially applying this Standard as an
) asset light expansion of Vienna House and AHS mainly via new management contracts and operating leases, (ii) office space renovation to enhance NFA and grow rental revenue together with expense control
cancellations of some of our long-term contracts. To resolve this situation, we are in the process of acquiring additional 40.0% in PBSB, allowing MACO to gain control over PBSB in order to maximise the selling
discontinuation of management contracts. The occupancy rate also increased by 1.2% to 73.8%. Overall ADR slightly decreased to MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 14 AUGUST 2019 U CITY PCL 2Q 2019 - MD&A (for
) Sign, approve and perform any documents or contracts that necessary and relate to the redemption and transfering process of Land and Buildings which is approved by the Shareholders meeting or negotiated
yearly contracts. Also, the Company is controlling and improving the rate of loss from production process. However, the determined policy and controlling the rate of loss cannot eliminate all the risks
material (CPO) and biodiesel’s stocks by trying to maintain inventories turnover rate between 30 – 45 days, enough for the production and delivery in each month under quarterly and yearly contracts. Also