Company: NUTR
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001641172-25-000449
Chunk: 36

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 36
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 the future. We cannot guarantee that we will be able to convert such local
currencies into U.S. Dollars or other foreign currencies to pay dividends or for other purposes on a timely basis or at all.

The imposition of barriers to trade or escalation of trade disputes could materially and adversely affect demand for our services or the operation of our investee companies.

There has been a global escalation of barriers to
trade in recent years. Any imposition of new tariffs or other trade barriers, or the escalation of any trade dispute, may adversely
affect the global economy and businesses of our clients, which, in turn, would also adversely affect demand for our services. A downturn
in the global economy or the economies of countries in which we or our clients operate as a result of any trade dispute could adversely
affect our business, financial condition and results of operations. Although we do not directly engage in international trade business,
our clients or our investee companies may be affected by the imposition of barriers to trade or escalation of trade disputes.

In addition, current government actions undertaken
by various governments to stimulate their respective economies and future government action, including interest rate decreases, changes
in monetary policy or intervention in the exchange markets and other government action to adjust the value of the local currency, may
trigger inflation. The occurrence of such fluctuations, devaluations or other currency risks could have a material adverse effect on our
and our investee companies’ business, financial condition and results of operations.

Developments in the social, political, regulatory and economic environment, including but not limited to natural events, wars, terrorist attacks and other acts of violence, in the countries where we operate, may have a material and adverse impact on us.

Our business, prospects, financial condition and results
of operations may be adversely affected by social, political, regulatory and economic developments in countries in which we operate. Such
political and economic uncertainties include, but are not limited to, the risks of war, terrorism, nationalism, nullification of contract,
changes in interest rates, imposition of capital controls and methods of taxation. Any adverse socio-political environment may adversely
affect our business, financial condition, results of operations and prospects. Although the overall economic environment in Singapore
and other countries where we operate appears to be positive, there can be no assurance that this will continue to prevail in the future.

Furthermore, natural disaster events (such as typhoons,
floods and earthquakes), terrorist attacks and other acts of violence or war may also adversely disrupt our operations,