operation calculated from two audited consolidated financial statements for a period of 9 months ending on 30 September 2018 of the Company. Once included the asset acquisition transaction(s) occurred during
profits from operation calculated from two audited consolidated financial statements for a period of 9 months ending on 30 September 2018 of the Company. Once included the asset acquisition transaction(s
separate financial statements of the Company as at March 31, 2017 (according to the consolidated financial statements of the Company, the Company’s current ratio and debt to equity ratio are 0.24 and 1.58
consolidated financial statements, which is a record of asset impairment in the Gulita and Mid-Galoc oil fields, and the assessment of resource reserves in the Galoc field which was lower than last year. In 2017
size is equivalent 4 to 98.67 percent of the net tangible assets (NTA) of the Company as appeared in the reviewed consolidated financial statement of the Company ending June 30, 2019, and after computing
. The transaction size is equivalent to 98.67 percent of the net tangible assets (NTA) of the Company as appeared in the reviewed consolidated financial statement of the Company ending June 30, 2019, and
98.67 percent of the net tangible assets (NTA) of the Company as appeared in the reviewed consolidated financial statement of the Company ending June 30, 2019, and after computing of the foregoing with
2020 ended June 30, 2020. Such financial statements comprise of the consolidated financial statements and the separate financial statements as compared with the financial statements for the second
), infrastructure and machines required to carry out the business. The investment in the 2 projects, are considered to fit under the criteria of investment. In calculation of the transaction value the consolidated