was more difficult and varied than the previous year which effected higher cost. Therefore, the proportion of cost decreasing is less than the proportion of revenue decreasing. 6. Cost of goods sold

for equity crowdfunding. Furthermore, in the case of ICOs, imposing the aggregate limit would not be an effective investor protection mechanism. This is because it would be very difficult to enforce and

new clients in the COVID- 19 situation is quite difficult. The managements and team brainstorm for strategy how to propose work that is suitable for the COVID-19 situation as the alternatives to the

from poor timing and end up buying and selling at the wrong times. /Timing the market is too difficult. “It is a losing strategy” gChasing (short term) past performance has been a basic investment

that are difficult to detect. For example, (1) fraudulent transactions through a subsidiary located overseas that has obscure business objectives and is hard to inspect, (2) trading transactions and

highly valued because the range of temperatures that produced the right gold colour was narrow and difficult to control in firewood kilns. (H 19 cm) G o v e r n a n c e Governance is the most important

the SME segment and introduce additional features such as modern employee self-services bundled with payroll outsourcing at a competitive rate. We hope to serve the SMEs in providing quality services to

Tiger’s strong presence and excellent reputation, we hope to serve SMEs in providing quality services to help them with payroll compliance work at affordable rate. T.662 636 6999 F.662 646 4200

” project, which will reduce plastic waste in communities by effectively bringing them into the recycling process. We hope that this project will be fully cooperated by every sector and successfully achieve

closures of distribution centres in France and Italy during the first half of 2020. The full operational impact of the pandemic is difficult to predict due to its evolving nature, and any further set-backs