Popular Foundations Ltd IPO

Experienced Management Team.

Building Excellence - A Team Led by Seasoned Leadership and Expert Engineers.

Its Supremacy in Quality Design.

One Brand, One Standard, One Uniform Quality.

Timely Delivery and Reputation Building.

Robust Standard Operating Procedures.

Professional Management and Ethical Practices.

Expertise in civil construction - thriving in hospitality and educational institutional sectors.

Robust business model driving excellence in construction.

Established brand and reputation.

If the company fails to comply with employee- related or health and safety laws and regulations or any other local laws or regulations in the states in which the company operates, its business and results of operations may be materially and adversely affected.

Any manufacturing defect or poor maintenance systems of the machinery may cause strain on its machinery and lead to delays in implementation of its projects.

A delay and/or failure in the supply of materials, services and finished goods from third parties at acceptable prices and quality or at all may materially and adversely affect its business, results of operations and prospects.

The Company has experienced negative cash flow from operating activities in prior periods and may continue to do so in the future, which could have a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.

Currently, the company is involved in an indirect tax-related case. Unfavorable rulings in this proceeding could result in liabilities, penalties, and potentially have adverse effects on its business operations and financial results.

The company dependence on leased properties may impact its operations due to lease agreement uncertainities.

The company relies significantly on some suppliers for the supply of its materials. If these suppliers are unable or unwilling to supply materials on time or otherwise fail to meet its requirements, its business will be harmed. An inability to procure the desired quality, quantity of its materials in a timely manner and at reasonable costs, or at all, may have a material adverse effect on its business, results of operations and financial condition.

The company is subject to various risks with respect to its engineering and construction business, including, without limitation, costs increase above estimates, changes in scope of work and cost overruns which may cause it to experience reduced profits or losses and in some cases, cancellation or deferrals of contracts.

The restated financial statements have been provided by peer reviewed chartered accountants who is notstatutory auditor of the Company.

The company has entered into, and will continue to enter into, related party transactions.