determined in accordance with the following formula: Sale Shares Price = Permata Book Value (as set out in the last financial statements published prior to the date of confirmation of satisfaction of all

. Consideration The Transaction will be effected on the basis of an agreed valuation of a 1.77 times multiple of Permata’s book value (subject to certain adjustments). This implies, on the basis of Permata’s book

Investing in future contract require investor to deposit certain asset with the derivatives broker for securing the fulfillment of futures contract by the investor. However, the amount of assets placed as an

financial. 3. Risk of loss beyond initial margin Investing in future contract require investor to deposit certain asset with the derivatives broker for securing the fulfillment of futures contract by the

unit cost following the Company’s higher capacity utilization to cater to larger production volume which helped pull down certain fixed production cost. 3. Selling expenses In Q1/2018, the Company

only gradually picked up. Even then, such growth remained uneven; improvement was seen only in certain businesses and in some areas. On the downside, however, trade policy uncertainty, in particular

timing for tapering - or ending – of their accommodative monetary policy frameworks. Certain central Asian banks were seen raising their policy rates at the end of 2017 to ease inflationary pressure. In

Actions wide-ranging potential impact, in particular, security and system stability risks. Moreover, KBank can, if necessary, terminate services provided by certain partners to our customers. 2. Potential

decrease in income from insurance business. Our coverage ratio rose over-year, while gross NPL ratio decreased slightly from the end of 2017, despite the deteriorating quality of loans granted to certain

ownership of the ERU Project to the Company or Subsidiary upon the fulfillment of the conditions precedent specified in the Asset Sale and Purchase Agreement (the “Closing Date”), which include the