start and completion of the activity, and the increase of production capacity anticipated after completion. V. OPERATING AND FINANCIAL REVIEW AND PROSPECTS Discuss the issuer's financial condition

securities underwriter after an offer for sale of the underwritten securities so that the underwriter shall be able to allocate shares in excess of the underwriting amount. Such proceeding will increase the

of the repayment, the Tender Offeror intends to, either or both, refinance, issue debentures, and/or increase the share capital. Under the Facility Agreement, the Tender Offeror is obliged to use any

filing date of the application; 2. working for any business or organization deemed by the Audit Committee of the applicant to benefit directly to the business operation of the applicant and such work