1. If the company fail to qualify for, or win new contracts from project owners, its business, financial condition, results of operations, prospects and cash flows could be adversely affected.
2. Its business significantly depends on projects awarded by government or government-owned customers, which subjects us to a variety of risks.
3. Its business is capital intensive. If the company experience insufficient cash flows or are unable to access suitable financing to meet working capital requirements and loan repayment obligations, its business, financial condition and results of operations could be adversely affected.
4. Its may not be able to collect receivables due from the company customers, in a timely manner, or at all, which may adversely affect its business, financial condition, results of operations and cash flows.
5. If any of the company projects are terminated prematurely, its may not receive payments due to us, which could adversely affect its business, financial condition and results of operation.
6. The company is required to furnish bank guarantees as part of its business. The company's inability to arrange for such guarantees or the invocation of such guarantees may adversely affect its cash flows and financial condition.
7. Some of its contracts are the subject of legal and arbitration proceedings. An adverse outcome from any such legal proceedings could adversely affect its business, financial condition and results of operation.
8. Its international operations and the company strategy to further grow these operations expose us to complex management, legal, tax, operational and economic risks, and exchange rate fluctuations, which could adversely affect its business, financial condition and results of operations.
9. Its actual cost incurred in completing a project may vary substantially from the assumptions
underlying its bid. The company may be unable to recover all or some of the additional expenses incurred, which could adversely affect its financial condition, results of operation and cash flows.
10. Its projects are exposed to various risks and other uncertainties, and the company risk management and project selection framework may be inadequate, which may adversely affect its business, results of operations and financial condition.