Further to our previous disclosure dated October 12, 2017 on the same subject.

We would like to inform you of the current changes in the executive management which include the appointment of the current CEO to help meet the challenges facing the company, as well as changes in all the company’s departments, including financial management and project management, this has helped us in improving our relationship with most of our bankers.

Additionally, new auditors are appointed by the company to audit the financial statements.

Please be advised that the company will keep notifying on any updates in this regard from time to time.