: Specify the use of proceeds received from the fund raising, such as: expansion of production capacities, use as revolving capital, repayment of existing debt, investment in new projects, business
working capital and partial debt repayment. Property Development Business: The Company continues to explore the opportunity in real estate business by partnership with strong strategic partners. • Mixed-use
source of the Company’s revenue. Despite such impediments, the Company recognized the growth potential from the followings: 1) Increased revenue and profit from new business investment which are: “Elite
, the restructure and turnaround of the Company’s business entails a plan to restructure the debt and turnaround the business by making further investments in the Company for the improvement and
sufficient funds to operate its business and had to cease the production of hot rolled coil, which further resulted in the Company’s liquidity problem and inability to repay a large amount of debt. Through the
debt serviceability (3) the impact on financial institution’s asset quality and liquidity risks as a result of the deterioration in household and business debt serviceability and the fiscal cliff from
Company Limited ("NINE"), an associate company of the Company which its business operations are publishing, creating and distributing publications and digital publications, i.e. pocket books and comic books
Company encounters the situation of the lack of financial liquidity and the cash flow for debt repayment and business operation, as the Company has continuous loss. Thus, the Company considers the business