adjustments), as set out in the last financial statements published by Permata prior to the closing of the Transaction. 4. Source of Funds The Bank expects the Transaction to be financed via combination of
Forward According to the outbreak of Covid 19 at the end of the first quarter of 2020, it was found that the company affected by the situation but was at a manageable level. However, the company anticipates
”, “anticipates”, “would”, “plans”, “could”, “should, “predicts”, “projects”, “estimates”, “fore- sees” or similar expressions or the negative thereof, identify or signal the presence of forward-looking statements
Economies, which was expected to grow 4.9% in 2018 from 4.7% in 2017. Supported by the positive global outlook, the Company expects to expand hotel management and franchise business to spearhead growth in
branded product, and higher finance costs, etc. The Company expects that its operating results will remain under pressure for the rest of the year. Although the Company expects to continue its loss for the
‐looking statements. These statements typically contain words such as "expects" and "anticipates" and words of similar import. Any statement in these materials that is not a statement of historical fact is a
resources such as setting up a team for a specific off-site booth, etc. The Company anticipates that if the situation resolve to near normal and the implementation of vaccination against the spread of COVID
expects to receive approvals from the BOT and OJK and will be able to acquire the Shares in Permata from Standard Chartered and Astra within the third quarter of 2020. The purchase price therefore shall be
, while implementing the plans that least affected the welfare and morale of the employees. The Company expects to reduce costs and expenses by 20% in 2020 compared to 2019. The Company foresees the
offer or invitation to purchase or subscribe for shares in Singha Estate. Some statements made in this material are forward‐looking statements. These statements typically contain words such as "expects