Our attention has been drawn to recent publications in the media that incorrectly categorize Quantum and its associated companies as foreign-owned businesses. These reports also create the misleading impression that our Group is opposed to the involvement of LPG Marketing Companies (LPGMCs) in the Cylinder Recirculation Model (CRM). We wish to clarify that Quantum and its associated companies, including, Newgas which operates the bottling plant are subsidiaries of Arch Holdings. Our companies are vertically integrated in different segments of the petroleum downstream value chain as permitted by the existing regulatory framework. We are 100% Ghanaian owned entities, directly employing over 2,000 Ghanaians, and have been active in Ghana's petroleum sector since 2009.