assets increased as a result of, in Q2 of 2019, having changes in status of the investment from investment in associated company to other long-term investment, by measuring the fair value of the remaining
room inventory in the last quarter of 2019. The common areas including Food and Beverage outlets have been completed with remaining room inventory to be completed mid-year 2020. Consequently, hotel
PETValue Philippines Corporation (the “JV”), whereby IVPPC will hold 70% equity stake of the new joint venture and Coca-Cola Philippines will hold the remaining 30%. The JV will set up a Greenfield
payment of interest at the rate of 3.0 percent per year and a suspension of the payment of the remaining interest for one year and six months, starting from the date of the Bondholders’ Meeting No. 2/2024
remaining interest for a period of 1 year and 6 months from the date of the Bondholders' Meeting No. 2/2024. The deferred interest will be included in the calculation for payment on the maturity date or on
the bond issuance date. A partial repayment of the principal will be made on 28 January 2025, with the remaining principal to be repaid on 2 December 2025, which is the extended maturity date for the
the original rate of 6.25 percent per year to 7.25 percent per year, during the extended maturity period; 5.) Repaying 50 percent of the bond principal on 21 July 2025, with the remaining balance to
, scheduled for payment every six months from the original maturity date. The remaining balance will be settled on the extended maturity date of the bond; (4) Increasing the interest rate by 0.10 percent per
installments, with the first installment comprising 10 percent of the bond value to be paid on 20 April 2025, while the second installment will cover the remaining balance on the extended maturity date; (6
installments totaling 30 percent of the bond values, while the second installments covering the remaining balances on the extended maturity dates. (The first installments payments are scheduled as follows