of defaulted liabilities and the Company has tried to procure funding sources to repay the aforesaid debts such as: - Debt to Equity Conversion as proposed to the Extraordinary General Meeting of the

lower manufacturing costs than the Company’s manufacturing costs, and certain groups of the Company’s customers reduced their contract manufacturing volumes with the Company in order to procure finished

of defaulted liabilities and the Company has tried to procure funding sources to repay the aforesaid debts such as: - Debt to Equity Conversion as proposed to the Extraordinary General Meeting of the

procure raw materials independently, while also independently selling and distributing their corresponding PTA and PET. The plant is the largest in North America with state of art technology and is a

intensified competition, and the refinery’s TAM which resulted in the lower volume of finished oil produced. On the other hand, retail market which is the company’s main distribution channel recorded sales

purpose of carrying on the business as manufacturer and supplier of various finished and semi-finished automotive stamping components in Indonesia. The New Company further received the acknowledgment dated

securities company shall procure a source for borrowing securities in order to enable delivery of securities in the short sale items within the time period prescribed by the clearing house under the law on

securities for itself, a securities company shall procure a source for borrowing securities in order to enable delivery of securities in the short sale items within the time period prescribed by the clearing

investment of a new company 3.1 Name of new company MBK Food Service Company Limited (“MBK-FSV”) 3.2 Nature of Business Operation Management raw materials, products finished goods, Semi-finished goods 3.3

and took time to validate and eventually produce, therefore the company has to import the finished goods products for serving our protective coatings market. 3. The increasing of sells and