additional legal reserve The above right to receive dividends remains uncertain unless the 2020 Annual General Meeting of Shareholders has granted the approval. 4. Approved to propose the Shareholders’ Meeting
outbreak, especially on export, tourism and industrial sector. However, economic recovery has been high uncertain from new wave of the COVID-19 pandemic since December 2020. As a result, the domestic tourism
first semester in August 2020. In 2020, we expect that the Company’s operations will be affected by various risks factors such as the outbreak of the novel coronavirus, the uncertainty of the global
quarter with net losses due to lockdown and the disruption of activities that occurred. Sales have not yet been able to adjust back to normal due to the novel coronavirus (COVID-19) outbreak, despite the
utility measure.” A utility approach is especially apt to evaluate strategies with uncertain results. For example, Scott and Watson (2013) use a utility maximization model to benchmark the efficacy of
information on 26 November 2019. In this regard, the issuance and the offering of the newly-issued ordinary shares to the existing shareholders are uncertain until an approval from the Extraordinary General
volatility, exchange- trading suspensions and closures, and affect portfolio performance. For example, the novel coronavirus disease (COVID-19) has resulted in significant disruptions to global business
, using a novel measure made possible by machine learning. Second, our research is aptly conducive to the literature on corporate culture. Previous research has looked at corporate culture from a
the selling price). After the disposal of all investments in NML, NML will cease to be a subsidiary of the Company. Nevertheless, it was uncertain if the Company and the Purchaser would be able to sign