expenditure of state enterprises is likely to expand, which will be a key player to stimulate the economy in the long term. In Q2–2020, the company’s total revenue slightly decreased form Q1–2020, representing

to work from home. This affects the customer's disbursement process, especially government agencies and state enterprises that have a longer duration. As the result, Trade and other receivables

14.5 17.8 Revenues and Costs of Sales and Services Most of the Company's revenue from sales and service in Q2- 2022 which come from government and state enterprise, increased from Q1- 2022 due to the

initial report that features preliminary findings on the overall state of development of voluntary carbon markets in ASEAN and disclosure principles in carbon offsetting. The report aims to be a first step

overall economic conditions have dampened consumers’ spending, despite a spate of government stimulus measures such as the state welfare card and the ‘Eat, Shop and Spend’ project in the second half of 2019

year and 7.6 percent increase from the 1st quarter of 2017. China, the United State and Vietnam are continue growing from the previous year. While the sales in Indonesian market plummeted during the 1st

Office. Such permission shall only be granted on the ground that the branch office is not in a state to provide services by itself or such delegation will ensure more efficient service providing. Clause 8

permission from the Office. Such permission shall only be granted on the ground that the branch office is not in a state to provide services by itself or such delegation will ensure more efficient service

duties to a third party, a branch office shall receive prior permission from the Office. Such permission shall only be granted on the ground that the branch office is not in a state to provide services by

SEC Office within seven days as from the effective date of the change as well as state the effective date of such change in the notice. Clause 3 In considering granting of approval, the SEC Office shall