rental services continued to decline especially in late 1Q20 as a result of the widespread of the coronavirus 2019 (COVID-19). The widespread of the pandemic had an impact the Company’s operation as the
led to widespread slowdown in economic activities. Private consumption slowed down in almost all categories especially in services segment: hotels, restaurants and transportations from the various
high level of household debt limiting widespread consumption 2) Escalating trade tension between US and the rest of the world including a slowdown in the Chinese economy which could negatively impact
high level of household debt limiting widespread consumption 2) Escalating trade tension between US and the rest of the world including a slowdown in the Chinese economy which could negatively impact
the purchaser for the outstanding amount. A part of the proceeds from the disposal of assets were used to pay down on the bank overdrafts and short- term loan outstanding in March 2017. The Company
person more than fifty percent of the total voting rights of the outstanding voting shares; (b) an individual or a company holding shares in the company in (a) more than fifty percent of the total voting
have also led to a widespread slowdown in economic activities especially in the service sector. Private consumption contracted compared to the same period last year across all spending categories, in
fund at an amount more than seventy five percent of its outstanding shares and representing more than seventy five percent of its total voting rights; 7 Amended by the Notification of the Capital Market
fund at an amount more than seventy five percent of its outstanding shares and representing more than seventy five percent of its total voting rights; 7 Amended by the Notification of the Capital Market
started in January in China and has since spread to several countries. Measures to contain the outbreak imposed by several countries have led to widespread slowdown in economic activities. Private