) NFS 2Q2019 Justification and Necessity Year 2018 The six-month period of year 2019 1. Mrs. Amara Leelawat Rental Expense for employee’s dormitory Dormitory Rental Expense Outstanding of Payables at the

caused by such differences. Clause 18 mutual funds and trusts shall rotate an auditor by complying with the rules prescribed in Paragraph 2, in the occurrence that the auditor has performed his/her duties

of factory in First Philippine Industrial Park in Batangas city and the ongoing construction of the dormitory and research and development center in during FY2017-FY2019 Unit: K PHP/THB CCPH Projection

, 2018, and September 30, 2018. 6 Market, dated November 20, 2018, both coming into effect January 1, 2019. The new regulations stipulate that listed firms shall rotate auditors who have performed their