number of companies having an ASEAN Asset Class score of 97.50 points or more nearly doubled from 42 companies in 2019 to 76 companies in 2021. This accomplishment shows that corporate management and
transmission and telecommunication tower ratio in Q1-2020 decreased by 43.59% QoQ resulting from accomplishment of cost management policy, • Cost to revenue from sale of electricity ratio in Q1-2020 dropped by
transmission and telecommunication tower ratio in Q1-2020 decreased by 43.59% QoQ resulting from accomplishment of cost management policy, Cost to revenue from sale of electricity ratio in Q1-2020 dropped by
supplier. Cost of Goods Sold • Cost to revenue from transmission and telecommunication tower ratio decreased by 37.62% YoY resulting from accomplishment of cost management policy, • Cost to revenue from sale
cause damage, financial insufficiency and defective or improper business operation; (2) the applicant’s shareholding structure clearly reflects the power of controlling shareholders and their interests
additional required steps in the audit process such as tests of opening balances, gaining understandings of client’s business and internal control system. Not only would the insufficiency of estimated
any misleading statement and poses no reasonable doubt to its completeness or insufficiency. Clause 22/13 In the case where the applicant wishes to make concurrent initial offering of units and debt
2016 to 2019 which was 2.88 at the end of 2019, a ratio equivalent to other countries in the South East Asia. However, the issues of auditor insufficiency may still occur in the future as several current
equal or more than 15 percent but less than 50 percent. In this regard, if the Company successfully negotiated to buy KPN Academy shares from the other shareholders resulting in the insufficiency of newly
capital market. Nonetheless, the SEC still identified certain deficiencies in the quality control system in this inspection cycle such as rotation of auditors, insufficiency of human resources, completeness