and strengthen the cash flow and the financial statements in a long-term. The investment in the ERU project will promote energy security, with the use of by-product (petroleum pitch) from the refinery
Assets by calculating from the interim audited financial statements ended 30 June 2019 of the Company, the highest transaction size is 19.98 percent based on the value of securities issued by the Company
per annum value of the a cquisition of visory Board on or Dispos d Re: Disclo osition of Ass ction size is 2 ves the highe statements e ssets during d such transa nsideration cr to the Notifica n, Happy
based on a total value of consideration paid basis, calculated from the audited consolidated financial statements of the Company for the year ended 31 December 2017. In the previous 6- month period, the
of January 31, 2017 is due to reducing in retain earnings of which used for clearing the internal debt between CRSB and FKRMM. 2) Transaction’s size based on net operating profits Net operating profits
as of August 31, 2017 NTA of FKRMM as of August 31, 2017 is less than NTA as of January 31, 2017 is due to reducing in retain earnings of which used for clearing the internal debt between CRSB and
million reduce the burden of financing to repay and reduce interest expenses and as a result, the debt-to- equity ratio declined from 0.17 times to 0.13 times (based on the Company's financial statements
financing to repay and reduce interest expenses and as a result, the debt-to- equity ratio declined from 0.17 times to 0.13 times (based on the Company's financial statements ending June 30, 2017). 6.3 The
debt-to- equity ratio declined from 0.17 times to 0.13 times (based on the Company's financial statements ending June 30, 2017). 6.3 The capital increase used in the flexible packaging business Phase 2