tourist arrivals exhibited a slow growth, increasing 3.5% from the same period last year resulting from 1) low base effect of last year from the Phuket boat incident 2) exemption of visa on arrival fee and
as a deposit for assets and machinery for share payment. Eco has use the deposit as capital injection. However, the agreement has been terminated on 24th May 2019. Eco has to adjust the transaction by
Purchaser also agreed to adjust the Enterprise Value by the amount of cash, interest-bearing liabilities and actual net working capital of the Targets as at the Completion Date under the terms and method
the COVID-19 outbreak result of crude premium to adjust downward with significance. Despite the finished product and reference crude price crack spread for most products had been declining continuously
competition that affected the total marketing margin. This is in part due to lubricant production cost in 2017 that increased, while the company was unable to adjust lubricant selling price to coincide with the
. Exports of services grew at a lower rate as the results of the number of Chinese tourists contracted, due to the Phuket tour boat sinking incident, and the number of Russian tourists declined, due partly to
a negatively impact on North Asia market due to the boat accident in Phuket in July. As a result, Chinese tourists shifted to other leisure and beach destinations such as Japan, 3 ASIA’S BOUTIQUE
China, following the boat accident in Phuket, and Russia, following the sanction imposed by the US, and last but not least, 4.) other supporting factors, namely public investments driven by state-owned
there is any change in exercise price and exercise ratio under the circumstances as defined by the notifications of Capital Market Supervisory Board. The Company may adjust the exercise price and exercise