securities to the public, briefly outline the plan of distribution and indicate the amount of any debt securities that are to be offered other than through the underwriters. The disclosure shall include terms
intensified competition, and the refinery’s TAM which resulted in the lower volume of finished oil produced. On the other hand, retail market which is the company’s main distribution channel recorded sales
pending or known to be contemplated. 10. Describe the issuer’s policy on dividend distribution or, if it does not have a fixed policy, state so. B. Significant Changes Disclose whether or not any
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