owned by Phuket Fantasea and approximately 33 rai of land lease from an unrelated third party. Later on March 2015, Phuket Fantasea was able to acquire 33 rai of land which allows Carnival Magic to
owned by Phuket Fantasea and approximately 33 rai of land lease from an unrelated third party. Later on March 2015, Phuket Fantasea was able to acquire 33 rai of land which allows Carnival Magic to
) must not exceed 2 times and the Debt Service Coverage Ratio (DSCR) must not be less than 1.25 times. It appeared that as at June 30, 2017, the Corporate Group was able to maintain the above financial
Service Coverage Ratio (DSCR) must not be less than 1.25 times. It appeared that as at September 30, 2017, the Corporate Group was able to maintain the above financial ratios as stipulated by such loan
coverage, particularly in modern trades, as ICUK was able to penetrate into three of the leading modern trade channels in the 3rd quarter of 2017. Coupled with this, such progress - Translation - Enclosure 1
quarter of 2017 to 868k cans in the 3rd quarter of 2017. This improvement is a result of our strategy to focus on extensive distribution coverage, particularly in modern trades, as ICUK was able to
purposes and in order for the Company to be able to fully comply with the provisions under the Notifications on Connected Transactions, the Board of Directors thus deemed it appropriate to determine an
caused the on-ground marketing activities, media communications and promotions to delay in order to adopt more effective sales and marketing mix that is differentiate and able to be - Translation - Page 3
expects to receive approvals from the BOT and OJK and will be able to acquire the Shares in Permata from Standard Chartered and Astra within the third quarter of 2020. The purchase price therefore shall be
, reduction of expenses and deferring unnecessary investment projects. Accordingly, the Corporate Group has been able to maintain good gross profit margin and achieve higher net profit. - 2 - (2) Analysis of