in auditing and reviewing its 2014 and Q1/2015 financial statements where the auditor expressed qualified opinions due to limitation on scope of audit imposed by the company management. EIC must submit
accounting principles. Moreover, the auditor was unable to find sufficient supporting evidence to satisfy the audit procedures due to limitation on scope of audit imposed by the PICNI management in various
the limitation of dividend payment. 10. Opinion of the Company’s Board of Directors Concerning the Transaction The Board of Directors unanimously approved the transaction due to its consideration and
proceeds from the capital increase of the Company and its subsidiaries. 6) Explaining the limitation from the seeking for sources of fund from financial institutions. Information Memorandum on the Offering
Company because the management is confident that the Company and the parent company did not take any actions that caused damage to litigants and are therefore not liable for the damages claimed and during
’ qualified opinions resulted from limitation on their scope of audit/review. Hence, the auditors were unable to obtain sufficient and appropriate audit evidence with respect to valuation of investment in PT
no condition or limitation that be related to the Company’s dividend. 10. Opinion of the Board of Director Agreed to approve the Company to buy the land for investment as mentioned above as the price
water, wastewater treatment and hydrogen and supplies its utilities to the Artlant PTA plant. PTA is a core strategic business of IVL and we are confident that over time the Portugal PTA plant will
results were satisfactory and confident that they could be able to help improving the Company’s business. SSG Group therefore started negotiating with 7 main trade creditors (including Cargill International
confident in our business model as our global footprint having regionalized ecosystem coupled with inelastic nature of products allow us to continue to sell at all times and create a steady stream of