institutions has become very strict and loan rejection rate has been rising. In addition, the projects developed by the Company are large-scale, resulting in an increase inventory. The Company, therefore
increase of 463.3 MB and 700.2 MB or increase of 36.6% and 68.0%, respectively. This is because the Company had delivered many large-scale projects which had just been auctioned in early 2019. Those large
. Increasing household debts and loan rejection rate of financial institutions are the major obstacles. In the past, the strategy of the Company emphasizes the development of large-scale projects focusing mainly
745.8 MB or increase of 4.0% and 70.8%, respectively. This is because the Company had delivered many large-scale projects which had been ongoing from Q1–2019 and Q2–2019, such as the High-Speed Internet
157.0 MB and 221.6 MB, respectively. This is because the Company had delivered many large-scale projects which had just been auctioned in Q1–2019. In fact, those large-scale projects had delayed their
establishment of the Company. In fact, the majority of the company’s revenue was revenue from sale and service. In 2019, the Company had received many large-scale projects from government agencies and state
. These include the offer price being no less than 90 percent of the market price, and the objective not being to fund a large-scale project that requires the shareholders? prior approval. In addition, the
1 MD&A 2Q 2018 (ended 30 June 2018) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2018 6 AUG 2018 MEDIA INDUSTRY In recent years, advertising industry has witnessed the shift in the media
large manufacturing assets in South East Asia, India, Europe and Latin America. This opens up more avenues for IVL as our global clients shift their sourcing to alternate destinations. This vertical is
slightly decreased compared to Q1–2019 by34.8 MB or 2.7%. This is because in Q4–2019, the Company had delivered many large-scale projects which are continually operated from Q2–2019 and Q3–2019. In terms of