Company will reduce further its debts by repaying to the financial institutions. In addition, the fund from the newly share capital increase including the issuance of warrant will be used for future

return on investing to the new project. 3. Reduce the interest and some loan which will be reflected in the turnover and increased value of financial status of the company. 4. Solidify the financial status

, but also reduce interest burden of the Company. The remaining proceeds will be used for Company’s working capital. (3) Reasonableness of the capital increase, plan to utilize the proceeds, and projects

long-term interest bearing debt to more suitable level, but also reduce interest burden of the Company. The remaining proceeds will be used for Company’s working capital. (3) Reasonableness of the

repayment of such loan shall not only improve the proportion of short-term interest bearing debt to long-term interest bearing debt to more suitable level, but also reduce interest burden of the Company. The

well. However, if the Company can transfer the remaining backlog residences of MHNK project to the customers and recognize continuously the revenues as planned, the Company will reduce further its debts

the overall headcount, savings in logistics costs and certain reclassification in SG&A versus COGS compared with last year, have all helped to reduce SG&A costs by 6% compared to the same quarter last

Edible Oil market if highly competitive and the Edible Oil refining service might reduce the risk of CPO’s price volatility, where the refining services price were established by using a comparable

because the Edible Oil market if highly competitive and the Edible Oil refining service might reduce the risk of CPO’s price volatility, where the refining services price were established by using a

% compared with the same period last year. Significant drop in revenues mainly changing business model to franchise model to reduce burden fixed cost. Due to highly competitive with many players, pricing