remaining cash from operating activities. However, there was an increase in liabilities in respect of trade accounts creditors from purchase of raw materials. 2.3 Shareholders’ equity As at 31st March 2018
Analysis The Mogas/Dubai crack spread (UNL95/DB) in 2017 was averaged at 14.85 $/BBL, an increase of 0.02 $/BBL compared to 2016, this is due to growing demands from China and India with respect to the
respect of the capital increase and the allocation of newly issued ordinary shares of the Company as follows: 1. Capital increase The Board of Directors’ Meeting No. 6/2019 has passed a resolution to
resolutions of the Board of Directors’ Meeting No. 6/2019 held on October 30, 2019 from 2.30 p.m. to 6.00 p.m. in respect of the capital increase and the allocation of newly issued ordinary shares of the
(the “Company”), hereby report the resolutions of the Board of Directors’ Meeting No. 6/2019 held on October 30, 2019 from 2.30 p.m. to 6.00 p.m. in respect of the capital increase and the allocation of
respect to the capital increase and allocation of newly-issued shares, there still remains the issuance and allocation of newly-issued shares to offer for specific persons under Private Placement basis
respect to the capital increase and allocation of newly-issued shares, there still remains the issuance and allocation of newly-issued shares to offer for specific persons under Private Placement basis
Company Limited (The “Company”), hereby report the resolution of the Board of Directors Meeting No. 2/2020, held on March 12, 2020 from 10.00 am to 12.00 pm, in respect of capital increase/share allotment
respect of Capital Increase and Allotment of New Shares and Conditions for Application for Permission (if any) 4.1 The Company will register its increase of registered capital including the amendments to
compared to Q2/2018. This is in respect to China’s increase in Kerosene export by 30% compared to the same period of the previous year, leading to Jet/Kerosene excess supply in Asian market. Jet (Kerosene