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investment in last year. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.56 times. 2019 Outlook Company maintains 2019 outlook
shares in 12 companies in Germany and Switzerland with arcona Management GmbH. VHG II will receive rights of operating lease rights of 17 existing hotels under the (i) arcona brand, (ii) arcona Living
liquidity ratio was 1.35 times. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.09 times. 2019 Outlook 2018 was the final
time. Chen and Zhou (2007) reported that existing clients left Andersen for other audit firms, and most of them chose the Big 4. Both Chen and Zhou (2007) and Asthana et al. (2010) found that existing
Shareholders No. 1/2018 of the Company. 2. Approved the purchase of 378,000 existing ordinary shares of IGEN Engineering Company Limited ("IGE") from Electric Solutions (S) PTE Limited, which equal to 14% of the
allocated to existing shareholder. The entitle shares is set on July 6, 2018 (the Record Date). The first allotment will be allocated to the existing shareholders at the ratio of 4 existing ordinary shares