operational results for the year 2018 Opinion of the Board: It deemed appropriate to report the Company’s operational results for the year 2018 to the Meeting of Shareholders for acknowledgment without passing
the Meeting. Item 2 To consider and acknowledge the Company’s operational results for the year 2018 Opinion of the Board: It deemed appropriate to report the Company’s operational results for the year
) Page 2 of 15 Major Events in 1Q20 An operational management of business during COVID-19 pandemic situation The Company provided utmost cooperation to strictly comply with the government measures by
losses for the past several years as shown in the financial statements of the Company, which affected the financial liquidity and adequacy of cash flow used as working capital of the Company. Therefore
affected the financial liquidity and adequacy of cash flow used as working capital of the Company. Therefore, the Company had to cease its production in 2012 and 2013. Enclosure 4 3 In 2014, the Company
working capital and strong relationship with suppliers and customers; in addition, the business growth is approximately 8%-10% per year with increasing demand for biodiesel and profit margin of 3%-5% of the
the newly issued shares to existing shareholders (Rights Offering) and to the specific investors (Private Placement) for the restructure of the capital, internal working capital, the investment related
the restructure of the capital, internal working capital, the investment related to the investment project of Wastewater Treatment Plant at Mandalay, Myanmar (Reference to the company’s acquisition of