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License to Operate issued to

SERM WAREHOUSE

Certificate Issued:	License to Operate
Issued To:	SERM WAREHOUSE
Address:	San Eugenio, Aringay, La Union
TIN Number:	273-816-162-00001
Commodity	Plant Foods
Certificate No.	BPI-DSW-0818
Issued Date:	October 15, 2025
Valid Until:	October 15, 2028