the financial constraint which lead to more flexible position of the working capital. The backlog securing of company, however, depends on the result of bidding process and the facilities support from
increased by 2.91 $/BBL with respect to demand recovery from the Asian countries, especially China, after its demand shrunk in 2016 from the limitation of excess production in the industrial sector and real
performance of the Company, causing significantly higher loss from the past. Currently, the Company has limitation in submitting an application for the bank to issue a letter of guarantee, which affects to
nature, subject to significant risks and uncertainties. All statements, other than statements of historical fact contained herein, including, without limitation, those regarding the future financial
significant risks and uncertainties. All statements, other than statements of historical fact contained herein, including, without limitation, those regarding the future financial position and results of
be taken by all other creditors such as ACO I so it was limitation for the Company to procure funding sources from loan from financial institution to be used for business operation. Currently, the
historical fact contained herein, including, without limitation, those regarding the future financial position and results of operations, strategy, plans, objectives, goals and targets, future developments in