optimize the cost to serve customers while ensuring an effective spending on marketing campaigns. As a result, we expect EBITDA margin (excluding equipment rental) to stay in a range of 45-47%. All
-2 years, our efforts will focus on ensuring that those companies synthesise synergies for MACO. Though we foresee future challenges in this expansion, we are nevertheless committed and shall continue
confidence among customers and visitors. The hygiene measures include sanitizing all public areas every 30 minutes, ensuring the availability of hand-sanitizing gel and daily temperature check for everyone
for all business units to monitor and manage risks. These committees closely monitor and evaluate the impact on all aspects of business including sales, expense, and liquidity, as well as ensuring that
subsidiaries have sufficient cash flow for their operations. Negotiations with financial institutions as business partners to ensuring the performance of the group of companies in the future. Page | 6 Management
holding health and safety of guests and employees as top priority and ensuring financial feasibility. In order to boost reservation value and revenue generated from the reopened hotels, SHR was pleased to
ensure compliance with the trust instrument and the relevant laws. The duties under the first paragraph shall include the following duties: (1) ensuring that the REIT is managed by the REIT manager whose
service providers some of the activities associated with stewardship. However, they cannot delegate their responsibility for stewardship. They remain responsible for ensuring those activities are carried
proceeds, process for project evaluation and selection, and management of proceeds to investors in the issuance documentation, as well as ensuring such information is publicly accessible from a website
requiring the Issuers to disclose information on use of proceeds, process for project evaluation and selection, and management of proceeds to investors in the issuance documentation, as well as ensuring such