the date on which the Board of Directors’ Meeting would resolve to grant approval for the Company to propose the matter to the Shareholders’ Meeting for consideration and approval for the execution of
consolidated financial statements as at December 31, 2017. Upon combination with other connected transactions over the past six months prior to the date on which the Board of Directors’ Meeting would resolve to
cancellations of some of our long-term contracts. To resolve this situation, we are in the process of acquiring additional 40.0% in PBSB, allowing MACO to gain control over PBSB in order to maximise the selling
chairperson of the said board meeting who will be entitled to the casting vote and to resolve the tied votes. In the case of absence of the chairman or chairperson of the audit committee, the Board shall
payment. The Company shall procure the Board of Directors to resolve to offer the private placement of shares within 30 days from the date which the Financial Statement has been completed. In case that the
amount of payment. The Company shall procure the Board of Directors to resolve to offer the private placement of shares within 30 days from the date which the Financial Statement has been completed. In
and continuous declining global economy and the greater range of fluctuation that had a strong effect to maritime industry. Please be informed accordingly. Yours sincerely, Chanet Phenjati President
. The net loss decreased 39.85% The loss from operation was due to the long and continuous declining global economy and the greater range of fluctuation that had a strong effect to maritime industry
net operating loss is equivalent to 15.82% The loss was due to the declining global economy and the greater range of fluctuation that had a strong effect to maritime industry. However, the loss