for producing of HRC to increase the normal capacity during off peak power usage commencing in 4th Quarter of 2017 till to present which can demonstrate as the following: Management’s Discussion and

the previous year, mainly due to the sharp lower of purchasing power in most industries, as well as the strong competition in the stainless steel pipe, aluminum and copper. This caused the decreasing in

temporary suspended. Private consumption contracted as a result of weakening purchasing power and high household debt. Government have implemented financial relief measure to help those affected by the COVID

economic stimulus measures also encourage the purchasing power of consumers to increase. Launching a New Brand “(Luggaw)” • At the beginning of the second quarter of 2022, the Company plans to open the first

, outbound tourists, and economic activity. However, the rising inflation was an emerging factor pressuring purchasing power for price-sensitive consumers to look for cheaper packages. • Competition in the

cause damage, financial insufficiency and defective or improper business operation; (2) the applicant’s shareholding structure clearly reflects the power of controlling shareholders and their interests

, residential areas with high spending power and populated in order to expand its reach to more potential customers. Focus on Expanding Oversea Branches During September 2023, the Company plans to open the 2nd

Khae and Bang Kapi. The Company also plans to open two additional stores in strategic locations, such as tourist destinations and residential areas with high purchasing power. These expansions are

the investment in branch expansion and development of IT systems and equipment in Q3/2019 as indicated in theprospectus 12. Opinion of the Company’s Audit Committee and/or directors which differs from

and liquidity of the Company because the Company has no loan obligations. While waiting for the investment in branch expansion and development of IT systems and equipment in Q3/2019 as indicated in the