circumstances or hinder businesses or livelihoods, thus imposing unnecessary burdens on the public. 

the regulations in both primary and secondary markets to suit the context of SMEs and alleviate unnecessary burdens imposed on them. For example, an application for approval, a financial advisor, and

expert witness called by the SEC Office and an alleged person except where the authority considers that it would be unnecessary, redundant or dilatory; request (3) requesting any fact or opinion from a

which the interest rate is approximately 9%-10% per year. Moreover, the management structure is not appropriate; therefore, the joint venture company has high unnecessary human resource management expense

interest expense which the interest rate is approximately 9-10 percent per year. Moreover, the management structure is not appropriate; therefore, the joint venture company has high unnecessary human

that NAUTIC has the accounting value and the fair value below zero may be a reason to suspect that NAUTIC may lack the capability to continue business operation in the long run;  (3)  It is unnecessary

associated with investment and disclose related risks in the prospectus. ?Revision of every five percent report will eliminate unnecessary and burdensome report and also increase investor protection by

which are fixed cost still exist and not variable to the income such as animal feed, utilities, water-electricity bill. Therefore, the company has managed to reduce some unnecessary expenses during the

/2019 (3.43%). • The selling expenses of Q1/2020 is much lower due to cutting of unnecessary expenses. However, the administration expenses are almost unchanged because of fixed expenses such as salaries

reduce mainly on selling and administrative cost, utilities expenses and animal care expenses for instance. Furthermore, the group has assessed and cut down any unnecessary cost across the group as well as