transaction size at the maximum of 1.67 percent if it is calculated by several criteria. It is thus not considered asset acquiring transaction which is not significant transaction that is required to be

customers’ specification, that might be 100% cotton or cotton blend fabrics. Over the past 3 years, the Company had no significant changes neither capital structure, management nor business operations. 1.1

future. Business wise H1 2019 was challenging particularly in the most recent quarter. Business sentiment in multiple industrial segments important to us has been impacted by the macro economy and the

the street, in office buildings and in shopping malls. These changes have resulted in the significant growth of outdoor and online advertising and the decline of traditional media, as brands and clients

Company and the shareholders. Therefore, the management team has conducted studies to find solutions to minimize the effects of this project. The Company has proposed solutions and discovered important

this project. The Company has proposed solutions and discovered important issues. The Meeting of the Board of Directors No. 2/2018 of the Company resolved significant matters regarding the operation of

has proposed solutions and discovered important issues. The Meeting of the Board of Directors No. 2/2018 of the Company resolved significant matters regarding the operation of the biogas power plant

the effects of this project. The Company has proposed solutions and discovered important issues. The Meeting of the Board of Directors No. 2/2018 of the Company resolved significant matters regarding

to minimize the effects of this project. The Company has proposed solutions and discovered important issues. The Meeting of the Board of Directors No. 2/2018 of the Company resolved significant matters

performance from each business group as follow: Performance of the Refinery and Oil Trading Business Group recorded a significant improvements in Operating GRM from the previous quarter, due to the increment of