supply. Consequently, this resulted in much healthier demand for Natural Fatty Alcohols than quarter 3/2016 as its price decreased to a lower level than that of Synthetic Fatty Alcohols as well as the

solid state drive (SSD) technology whereby much lesser power supplies are needed to power SSD as compared to storage devices like the hard disk drives in the past. Consequently, demand for such power

% – 74.3% throughout the year 2017, over the cycle, anyhow overall went on at higher level than previous year, somewhat improved indicates the recovery trend, but not too much while big portion of idle

trend, but not too much while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with high probability towards 2018 and afterwards, if China and major steel producing

. Expenses of the Issue 1. Disclose the expenses to be paid in relation to the public offering to enable investors and others to assess how much of the offering proceeds will be available for the issuer. 2

crude palm kernel oil price falling. On the other hand, fatty alcohols supply was much tight because of the announcement of permanent shutdown of a synthetic fatty alcohols plant in Europe and temporary

out of rental space, this plot of Land can be substituted for the business operation. For the Company’s business operation, since steel business at present could not earned much profit due to tax

8 6. Forward Looking As in the first nine months of 2018, the Company's sales from the current business dropped quicker and much further than expected. In addition, the Company’s costs increased

, since steel business at present could not earned much profit due to tax competition which is the obstacle for raw material import, therefore the import materials would be high price, the Company is in

Company. Enclosure For the Company’s business operation, since steel business at present could not earned much profit due to tax competition which is the obstacle for raw material import, therefore the