, analyzed and prudently performed our duties as an Independent Financial Advisor, complying with the generally accepted professional standard and rendered our opinion based on the unbiased analysis with
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securities offering prior to the effective date of the registration statement and draft prospectus. Clause 11. A securities underwriter shall not disseminate an article or research paper prepared by itself, a
statement and draft prospectus. Clause 11. A securities underwriter shall not disseminate an article or research paper prepared by itself, a co-underwriter or a related securities company which relates to the
underwriter shall not disseminate an article or research paper prepared by itself, a co-underwriter or a related securities company which relates to the underwritten securities or other securities relating to
underwriter shall not disseminate an article or research paper prepared by itself, a co-underwriter or a related securities company which relates to underwritten securities or other securities relating to
research paper prepared by itself, a co-underwriter or a related securities company which relates to underwritten securities or other securities relating to underwritten securities in 9 Repealed and replaced
(Translation) Management’s Discussion and Analysis For the operating results of Quarter 2 2017 Global Green Chemicals Public Company Limited Management’s Discussion and Analysis Global Green