customer base and diversify its revenue streams which mitigate the risk of reliance on sales in China. At present, the Company’s products are well - received in the Philippines but still could not make up
company's internal control over financial reporting resulting from IT. Examples of such risks include: • Reliance on systems or programs that are inaccurately processing data, processing inaccurate data, or
companies is part of the conglomerate or a business group of a major shareholder and by nature of the core business the Company may need to form a relationship, reliance or competition against other
flexibility to access. 3. CAZ will be more strengthened and increase its competitive advantage. 4. To be listed on the mai will increase liquidity and value of CAZ ordinary share. 8. Business Reliance
value of CAZ ordinary share. 8. Business Reliance, Financial support on the Company and Conflict of Interest CAZ has carried out certain essential actions to decrease the reliance, financial support and
. Business Reliance, Financial support on the Company and Conflict of Interest CAZ has carried out certain essential actions to decrease the reliance, financial support and conflict of interest between the
economic uncertainty, including as a result of global pandemics. As such, undue reliance should not be placed on the forward-looking statements contained herein. Any forward-looking statement is based on
overall business structure of the majority shareholder. Also required is information on the rationale and opportunity or necessity for mutual reliance and support as well as strategic positioning of the
. Expected Benefits to the Listed Company from the Transaction (1) To expand the scope of outsourced production service to cosmetic business; (2) To minimize the reliance on revenues from dietary supplement