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External sources (not reviewed)

I want to thank each member of management and staff for his and her dedication to excellence in the current tough market.

[...] [...] cautious when signing or renewing contracts, and certain deals weremore difficultto conclude due to aggressive competition.

We classify disastrous or close to disastrous [...][...]

Some trade representatives expressed the difficulties to comply with the new labelling requirements resulted from ambiguities in the wordings of allergenic substances and food additives used.

[...] [...] distribution, the Directors may [...][...]

[...] [...] rise indemandin the rental market [...]

Taking this opportunity, he inquired the meeting whether there were significant difficulties with thetrade in revising label to match with the revised INS.

We believe, however that the process of determining whether a particular spouse should be exempt would be fraught with difficulty and uncertainty and could result in inconsistencies as between different judges.

[...] [...] addressing the difficulty posed bylarge [...][...]

Any general meeting declaring a dividend may by ordinary resolution, upon the recommendation of the Board, direct payment or satisfaction of such dividend wholly or in part by the distribution of specific assets, and in particular of paid up shares or debentures of any other company, and the Board shall give effect to such direction, and where anydifficulty arisesin regard to such distribution the Board may settle it as it thinks expedient, and in particular may issue fractional certificates or authorize any person to sell and transfer any fractions or may ignore fractions altogether, and may fix the value for distribution purposes of any such specific assets and may determine that cash payments shall be made to any Members upon the footing of the value so fixed in order to secure equality of distribution and may vest any such specific assets in trustees as may seem expedient to the Board.

Looking forward, retail sales are increasing steadily and, notwithstanding difficult conditions in financial markets, the demand for office space remains healthy.

Objective evidence for impairment includes: (1) significant financial difficulties experienced bythe debtor; (2) default on or non-payment of due interest or principal payments; (3) concessions made to the insolvent debtor by creditors owing [...][...]

The school works collaboratively with Red Cross to develop a comprehensive emergency plan to ensure the safety of the faculty, staff, students, and parents in case of a crisis or other emergency situations.

With in-depth analysis on regional government policies, citizens’ education levels and the entire social culture, it is indeed rare reading material.

For the Group’s investments in unlisted equity funds and money market funds, due to the difficulty in estimating the correlation with the market indexes of the underlying equity securities of the funds or the correlation with the interest rate trend of the underlying money market investments and the diversified nature of the funds, no sensitivity analysis for price risk is performed as it cannot be reliably estimated.

Neither party shall be deemed in default hereunder, nor shall it hold the other party responsible for, any cessation, interruption or delay in the performance of its obligations hereunder (excluding payment obligations) due to earthquake, flood, fire, storm, natural disaster, act of God, war, terrorism, armed conflict, labor strike, lockout, boycott or other similar events beyond the reasonable control of such party, provided that the party relying upon this Section 17: (i) gives prompt written notice thereof; and (ii) takes all steps reasonably necessary to mitigate the effects of the force majeure event; provided further, that in the event a force majeure event extends for a period in excess of thirty (30) days in the aggregate, either party may immediately terminate this Agreement upon written notice.

[...] [...] court, itis difficult to see any [...][...]

[...] classification for disastrous or close­to disastrous [...][...]

[...] [...] and whichare difficultto predict.

The property, located along the banks of the Huangpu River, with river views and in close proximity to the booming and rapidly developing financial district of Shanghai, represents a rare opportunity for the Group to further establish its presence at the luxurious end of the market in Shanghai and create additional value for our business portfolio.

[...] [...] be extremely difficult, given that [...]

[...] [...] insurmountable difficulties of implementation [...]

[...] [...] emergency or war,calamity,crisis, epidemic, [...][...]

The responding enterprises in the retail and restaurant sectors indicated that other major impacts of the implementation of SMW included difficulties in recruitment (for instance, labour shortage, difficulty in recruiting grassroots employees involving mainly kitchen general workers, dishwashers and cleaners), and increase in operating costs (for instance, increase in labour costs and worry over difficultiesin business operation, especially in times of economic downturn).

Considering that De Beers only started marketing diamonds in China in 1994, and that China’s large population with a fast growing middle class is also fast adopting the western practice of giving diamond rings for engagements, it is easy to understand why the diamond industry sees the huge growth potential in this market.

While the government has made strides in developing a favorable equipment leasing environment, there still are impediments to a strong and structurally sound industry, including a complicated regulatory environment and what has been described as an arcane tax system.

During the reporting period, the project management office organised all business departments to jointly determine specific businessprocessesinrelationtoeachofthe 18 Application Guidelines and developed in-depth understanding of existing difficultiesand matters requiring coordination.