business operation of the Company, especially, the general and administrative expenses and cost of raw materials, making the Company’s operation to be more effective, and resulting in better return on
Commission Hong Kong, 2016. Principles of Responsible Ownership. 11. The Council of Experts Concerning the Japanese Version of the Stewardship Code, 2014. Principles for Responsible Institutional Investors
business and management advisory service provider whose clients include international steel manufacturers, having a team of experts with experience and reputation in managing the world’s leading companies in
Solutions Management DMCC (“Synergy”), a business and management advisory service provider whose clients include international steel manufacturers, having a team of experts with experience and reputation in
which is SSG group that has a comprehensive debt restructuring agreement and can find experts which is Synergy Strategic Solutions Management DMCC to help improving the Company's production. The Company
Quality Assurance Review Panel, arranging for further clarification by the person under consideration. 1The Quality Assurance Review Panel under Paragraph 1(2) shall consist of a group of experts, at least
may use information obtained from other experts in the area as reference, provided that the financial advisor has verified to the extent that the experts are qualified in such area; (6) to arrange for
the previous quarter following the same direction of molasses’ price which is the main raw material in domestic Ethanol production, due to a decrease in sugarcane market supply. In Q2/2017, the Ethanol
unit of ethanol fuel product; as its price adjusted upwards by 0.3% in this quarter, while average raw material cost adjusted downwards with respect to cassava price, the main raw material, as a result
after excluding inventory gains/losses from reported EBITDA. Inventory gains/losses in a period result from the movement in prices of raw materials and products from the end of the previous reported