the banking system during 2018 was ample due to continual growth of both loans and deposits. However, liquidity management at given periods may vary from bank to bank, depending on its liquidity

deposit can reinforce the Company’s liquidity and reduce the cost as well. 10) Opinions of the Audit Committee and/or the Directors of the Company having differing opinions from the Board of Directors of

of 40.80mb and finance lease payment of 17.4mb. After IPO fund raising, the Company has no financing project as we have ample funds for a working capital and other investment plans. Please be informed

2,281 million, declined from 3Q/2018 by 4% because methyl ester selling price dropped in relation to declined crude palm oil price and glycerine price decreased due to ample supply, though sales volume

Limited Management Discussion and Analysis | 10 ester plant 2. Furthermore, the company also had an impact from a considerable diminishing of glycerine price due to ample supply, attributed to glycerine

COVID-19 would likely be seen around year- end 2020 or Q1/ 2021. The company believes that there would still be an ample supply of secured collateralized NPLs in the market for the company to continue

2020 or Q1/ 2021. The company believes that there would still be an ample supply of secured collateralized NPLs in the market for the company to continue operating efficiently and sustainably going

any conflicts transparently to them. 1.5 Appropriate remuneration structures Institutional investors’ pay structures should reinforce their culture and focus on advancing beneficiary or client interests

, will enhance the Company to expand into new markets and reinforce the business. In addition, it will drive the Company in its journey to become a Health- Driven Global F&B Firm that operates sustainably

in a timely manner. • The audit firm should specify or provide example on matters where the consultation is expected and reinforce the firm culture that the consultation on difficult or contentious