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. As of December 31, 2017, Net Interest-bearing Debt to Equity improved from 0.45 to 0.31 times as a result of lower debts and higher equity. Shareholders' Equity As of December 31, 2017, shareholders

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the equity crowdfunding scheme and would confine individual exposure to ICOs, there are counter-arguments that this would overly restrict retail investors’ freedom to invest and the same could be said

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