8,369,672,988.50, as detailed in 2.2 and the Company will be able to access a large amount of funding quickly and improve the equity structure of the Company by reducing liabilities and increasing equity. The debt
Company’s liabilities in order to improve the level of the Company’s debt and the shareholder’s equity, gain the confidence from the investors and financial institutions, and increase the capability in
Ratio at 39 times while it was 20 times in the second quarter of 2017, at the same time, the company will continue studying for and finding a suitable solution to improve the company’s debt structure in
institutions to improve SAFARI Group’s financial structure. Such credit facilities covers refinancing of all SAFARI Group’s debt securities and additional investment in Carnival Magic Project. 4) SAFARI Group’s
used in the construction of world class theme park. The management of Carnival Magic initially started with overall design and main structure of the project. Currently, the main structural design is
company directors and management for the purpose of monitoring and imposing administrative sanctions ● Closely monitored listed companies’ involvement in inappropriate connected transactions Improve quality
reviewed its internal structure and operation to improve performance efficiency. The “Change Management Program” was launched with an aim to shift the SEC’s role more towards that of a “facilitator” and
theme park. The management of Carnival Magic initially started with overall design and main structure of the project. Currently, the main structural design is completed and the construction of various
with SSG Capital dated April 3, 2019 in order to hire SSG Capital Management to provide advices and examine the financial management policy for the Company so as to improve the potential of the Company