that are difficult to detect. For example, (1) fraudulent transactions through a subsidiary located overseas that has obscure business objectives and is hard to inspect, (2) trading transactions and

surpass the challenge of cash sufficiency during the crisis and be complied with relevant law and regulation in the countries where the hotels operate. With regards to the Company’s financial status, the

. During the temporarily suspension, the Company need to adjust compensation scheme to the employees to enable the Company to surpass the challenge of cash sufficiency during the crisis and be complied with

characteristics: (1) being assets or pledge taken into legal force and considered the condition of each category of collateral. The collateral shall have an ability to surpass the maturity date and being monitored

force and considered the condition of each category of collateral. The collateral shall have an ability to surpass the maturity date and being monitored by the bondholders’ representative. In case where

condition of each category of collateral. The collateral shall have an ability to surpass the maturity date and being monitored by the bondholders’ representative. In case where the collateral is not a

performance evaluation process while in other firms, the results of performance evaluation were still not reflected in staff compensation. These findings usually result in obscure performance evaluation process

surpass the maturity date and being monitored by the bondholders’ representative; (2) in the case where the collateral is immovable property or 19 a long-term lease agreement, a valuation of such collateral

Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE GOVERNANCE TO A HIGHER LEVEL 2011 This work is published on the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the Organisation or of the governments of its member countries. This document and any m...