store development, Consumer Brands product launch and new international franchise opportunities. Financial and Operational controls have been reassessed and repositioned to allow the company to see better
institution’s clients. However, the securities company must, in case of cross-border omnibus accounts, assess the adequacy and effectiveness of the financial institutions’ KYC/CDD measures and controls prior to
company must, in case of cross-border omnibus accounts, assess the adequacy and effectiveness of the financial institutions’ KYC/CDD measures and controls prior to requesting for approval from senior
controls prior to requesting for approval from senior management to open such accounts or establishing new business relationships. (Unofficial Translation) - 5 - Clause 13. Securities company may rely on
the long term. Even though our sales decreased from the previous year and the Company still recognized loss, due to our efforts in strict costs and expenses controls and reductions, the operations
secretary oversees the preparation, and the chairperson or the chief executive is the signatory thereof. Q: Pursuant to Section 89/15, the company secretary shall prepare the annual report. In practice
17.2%, a decrease of 18 .4 % in 1Q17. This resulted from an increase of gross profit margin. The Company controls service and administrative expenses more efficiently. Financial Position MB % MB % MB
mix and 2017 carry over benefit of $700K from Japan perpetual license deal. Corrective actions and controls are in place to mitigate rising labor costs and improve forecasting and purchasing practices
total account receivable, decreased from 2.71% at the end of previous fiscal year. The Company efficiently controls account receivable overdue more than 3 months. The coverage ratio of allowance for