volatility DW price increased if there is an increase in volatility Selected case: a naive investors misperceive option value; only intrinsic value is recognized. The higher the implied volatility, the higher

% of turnover/EBITDA or other relevant metrics. In order to allow investors to evaluate the issuer’s historical performance against the KPIs selected, where possible, they should have already been

................................................... 6 VI. TAXATION ............................................................................................................ 8 VII. SELECTED FINANCAL INFORMATION

........................................................................................................... 6 V. TAXATION .......................................................................................................... 6 VI. SELECTED FINANCAL INFORMATION

or 22.90% over the same period of last year of which hospital revenues totally raised by 10.16% along with the enlarged customer base of Subsidiary (AMARC) showing 15.67% of revenues’ growth. In

will simultaneously improve the other elements’ effectiveness. Determined to solidify financial reporting and audit quality, the SEC aims to strengthen all elements of TSQC1 and has, therefore, raised

issuance in the fourth quarter of 2015 did not appear in the company’s financial statements. Such circumstance caused KC financial statements to materially contain false information and raised doubts

were raised by the auditor. The said opinion must be submitted to the SEC within 5 working days from the date on which the audit committee considered such report. Previously, the SEC had notified AIE and

4) Environmental: risk of pollution in the water, air or soil, waste management, biodiversity impacts. During the SEP audit process, any non-compliance issues identified are raised in order to

related receipt and payment transactions, and the accounting records practice. The company was also required to examine the issue raised by the auditor whether the questionable transactions of land sales