official will perform an investigation before recommending the case to the public attorney who has authority for prosecution. The power to adjudicate whether any person is guilty or not is, however, vested
of NAUTIC’s shares. This may result in WORLD missing information or issues that could adversely affect WORLD; (5) WORLD’s controlling power and the right to receive dividends from WIE, both directly
assets in the capital maintenance reports; (2) had concealed business control power and lacked good corporate governance by allowing the person, who was neither a company’s director, executive, nor staff
the shares of ADAM, which can be traded on the Stock Exchange. This act was deceitfully planned with the Board of Directors of ADAM in exercising its power to sign the agreement to buy the shares of
, the Company has seen the problems and then used a mean as the shareholder and directors representing the Company in order to find ways to improve the business recovery plan. 2. Investment in the power
business operation. The executive of Blue Finix has reported that, currently, Blue Finix has no revenue from its operation. 2. Investment in the power operator business in Philippines The meeting of the
balance held in foreign currencies and on the net debt changes over the period of cash flow, due to the increase/decrease in net debt as per statement of financial position might be different 14 Table 8
changes on balance held in foreign currencies and on the net debt changes over the period of cash flow, due to the increase/decrease in net debt as per statement of financial position might be different 11
recover if the pandemic becomes more severe and prolongs than expected. 2. Stricter measures are implemented in order to contain the spread of COVID-19, which might cause some businesses to shut down their
net debt changes over the period of cash flow, due to the increase/decrease in net debt as per statement of financial position might be different Indorama Ventures 1st Quarter 2020 MD&A 11 Table 6: Debt