complied with the commercial conditions and criterions as agreed between the Company, its subsidiaries and connected entities as routine business operations, which could be summarized as follows: (Unit
May 3, 2020, the government relief measures for flexible living routine and curfew cancelation which led to the continued increase in traveling trips. In July 2020, the average traffic volume was at
based on integrity and codes of conduct in the following areas: 1.1.1 Daily routine operation and decision making; 1.1.2 Treatment of trade partners, clients and other parties. 1.2 Following written rules
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
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
is on May 7, 2018. However, the entitlement to receive the dividend is uncertain because it has yet to be approved by the shareholders. 2. Approved the proposed initial public offering of new ordinary
business. Similarly, private investment sector was slowdown regarding to the concern about uncertain government spending except in the electronics group that moved production base from abroad and the
branches in order to reach more consumers, but the expansion will be slower and more conservative to align with various uncertain factors such as the economic environment and consumer demand. Instead, the
will be more flexible than the case that the Company has production plants on separate lands. The above future project is still uncertain and, in the event that the Company has acquired the assets, it