year, and from the provision of employee benefit for retirement, a non-recurring item classified under administrative expenses. Excluding the non-recurring items and the performance of residential
inevitably affected the Company’s operating revenue. In addition, the Company had invested in renovating its long overdue hotels to enhance competitive edge in the market. Moreover, the economic slowdown and
, in a long term, the Company will be benefit from using the investor’s knowledge, skills and experiences in the palm oil business to enhance the Company’s efficiency in business expansion which were not
conducting its business at a high standard of Good Corporate Governance practices, particularly regarding the rights and equitable treatment of its shareholders. It is our responsibility to enhance the
additional provisions and disclosure procedures to be in line with internationally recognized standards to enhance investor confidence. ___________________________________
Supervisory Board approved the revision of regulations on business operators to require a report of change in operating system if the change significantly impacts the business undertaking. This is to enhance
investment trusts (REIT), infrastructure funds and infrastructure trusts.The proposed revisions aim to enhance transparency in executing such types of transactions while the unitholders to be affected by such