extended deadline because the new financial advisor whom PACE has appointed to appraise the fair value measurement of the investment is still gathering and analyzing data and information from many sources to
estimate of Department of Lands, actual buying and selling price of the land that is located nearby for being the regulation to appraise as comparison. And agreed to the selling price that is higher than net
price is determined on the fair value of land appraised by an independent appraiser approved by the Office of the Securities and Exchange Commission (SEC) to appraise land and property, which in
Limited, which is an independent appraiser approved by the Office of the Securities and Exchange Commission (SEC) to appraise land and property, which in accordance with the market price and higher than the
to thank all stakeholders, including shareholders, suppliers, customers and other related parties, who have always trusted and supported the Company. We also thank all the dedicated and hardworking
Injuries compared to 2019 as a renewed focus on safety including a dedicated fulltime safety officer is having an impact. Revenue was similar to a year ago as a weaker than expected sugar season was
record high depreciation cost in full which did not correspond to such low utilization of production and machinery. The Company engaged independent engineering expert to inspect and appraise the assets and
record high depreciation cost in full which did not correspond to such low utilization of production and machinery. The Company engaged independent engineering expert to inspect and appraise the assets and
including a dedicated fulltime safety officer will support an improvement in 2020. The biggest impact on revenues was the loss of volumes due to the weak steel and sugar segments with burnt lime shipments
-named Spindletop); footprint expansion into a growing market in India; formation of a dedicated team to grow the PET recycling business; continued focus on working capital optimization coupled with an