audit and counterbalance the operation and to prevent any transactions which may give rise to a conflict of interest, including keeping documents and evidence relating to the operation to facilitate the

), to specific investors (Private Placement) and/or public offering. However, the share offering to specific investors (Private Placement) and public offering may give rise to a dilution effect on the

or action happening or caused to happen or reasonably believed to likely happen, which may give rise to material and adverse impact on PCCA or jeopardize the execution of this transaction as indicated

the appointment or during the period of duty performance, the appointed arbitrator shall disclose to the parties all facts that may give rise to justifiable doubts as to his impartiality or independence

arbitrator shall disclose to the parties all facts that may give rise to justifiable doubts as to his impartiality or independence in performing duty as arbitrator (if any). Clause 18. If there is a

arbitrator shall disclose to the parties all facts that may give rise to justifiable doubts as to his impartiality or independence in performing duty as arbitrator (if any). Clause 18. If there is a

information among work units and personnel; and internal control measures to audit and counterbalance the operation and to prevent any transactions which may give rise to a conflict of interest, including

access to inside information among work units and personnel; and internal control measures to audit and counterbalance the operation and to prevent any transactions which may give rise to a conflict of

and personnel; and internal control measures to audit and counterbalance the operation and to prevent any transactions which may give rise to a conflict of interest, including keeping documents and

reasonably believed to likely happen, which may give rise to material and adverse impact on PCCA or jeopardize the execution of this transaction as indicated in the Entire Business Transfer Agreement; (3) PCCA