Announcement

Question 1

Will accord the group greater flexibility to streamline it’s business to maximise

Answer 1

Potential synergies and cost-saving benefit.

Question 2

proposed issuance is in multiple tranches,

Answer 2

which allowed the flexibility to drawdown when the need for funds arises.

Question 3

current market conditions may not be conducive

Answer 3

some lenders may want some degree of repayment and may not be willing to extend the loan in its entirety

Question 4

To embark on a course of

Answer 4

The group will continue to intensify its efforts to improve competitiveness through cost management and operational excellence to enhance its resilience and sustainability

Question 5

Rightsize business to manage bottom line

Answer 5

Earnings and return on equity accretive

Question 6

Clean and bulk up its balance sheet

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Plans are still afoot for a potential sale without compromising too much on valuations

Question 7

Challenging outlook

Answer 7

Rich valuation

Question 8

Seeking indulgence from the sukuk holders for the covenant breach

Answer 8

Costs was well contained

Question 9

Keeping a lid on investments

Answer 9

Sweating existing assets

Question 10

Firmer earnings

Answer 10

scrambling to raise cash that can be used to pay down its nearly $31 billion of long-term debt.

Question 11

cash that can also be used to shore up the balance sheet.

Answer 11

In addition, earnings in this quar- ter were further lifted by favourable tax credits

Question 12

aggravates the cur- rent soft market condition.

Answer 12

immediate earnings accretion.

Question 13

to conduct a kitchensinking exercise in 4Q18 to make subsequent turnarounds faster.

Answer 13

expects a relatively muted outlook for the group and limited upside going forward.

Question 14

We are constantly aware of the intense competition, both existing and future,

Answer 14

to drive up

Question 15

Excluding a laundry list of one-off items,

Answer 15

Core net profit

Question 16

holds a contrast view

Answer 16

guards against immediate earnings dilution,

Question 17

continues to face headwinds in the form of rising labour costs, rising utility costs, price pressure and negative market sentiment surrounding the US-China trade war.

Answer 17

will give the Company the capacity and flexibility to support its market penetration and growth plans for the next two to three years

Question 18

The increase in dividend can demonstrate that management is confident and committed to deliver on its growth strategies and enhancing of shareholder value.

Answer 18

It also rewards its shareholders for their patience and unwavering support during this transitory period,

Question 19

to ensure a diversified and sustainable

Answer 19

The new investor could add value in view of Ezion’s financial constraints. A capital injection would augment its balance sheet,

Question 20

On that note

Answer 20

earnings contributions

Question 21

The MoU is to record the mutual understanding and current intent of the parties with respect to explore a working relationship and cooperation for the related projects and to set out the principal terms of arrangement between the parties under which the parties will further negotiate with each other and execute a more detailed and definitive relevant agreement thereafter.”

Answer 21

overarching strategy to ride on the consumer trends of health and wellbeing.

Question 22

Trending steadily higher underpinned by

Answer 22

Assets and income growth

Question 23

Could be a huge leap forward

Answer 23

shall preclude additional adjustments for the same event or transaction by the remaining subsections.

Question 24

To provide the necessary response to the queries raised by XXX,

Answer 24

set out below are the relevant context and background information based on which the matters shall be considered.

Question 25

have strong earnings resilience that can ride through market upheavals

Answer 25

Q

Question 26

The agreement serves as a strategic framework for a

Answer 26

Future definite agreement, in which more detailed terms of the partnership will be determined later