Asset Sale and Purchase Agreement, the Fuel and Utilities Supply Agreement, the Power Purchase Agreement, the Operation and Maintenance Services Agreement, and the Land Sub-Lease Agreement (collectively
situation in Thailand in 2017 is in a state of omission, festivals and entertainment media, as a result, and the advertising business has been affected both directly and indirectly. In 2018, the advertising
: International Tourist Arrivals to Thailand January-August 2019 , Ministry of Tourism & Sports). The Company was fully aware of the situation and took actions by implementing new strategies and marketing plans to
, the necessity of the loan, and the current situation of the Company that cannot seek financial support from local financial institutions. According to the mentioned reasons, the Board of Director has
cancellations of some of our long-term contracts. To address this issue, we have been relentless in identifying new clients to replace those cancelled contracts; while we foresee the situation in Malaysia to be
period last year (source: International Tourist Arrivals to Thailand April-June 2019, Ministry of Tourism & Sports). The Company was fully aware of the situation and took actions by implementing new
in the past. As a result of this economic situation, the Company's revenue from sales and services increased by Baht 31.61 million from the same quarter of last year. The forecast of the minimum wage
situation. As of November 30, 2018, the Company’s total cards reached 8.43 million cards, increased by 4% from the end of fiscal year 2017 (including 2.59 million credit cards, increased by 4% and 5.84
GSTEL, as a result, GSTEL is able to repay the loan as normal but due to GSTEL’s situation of seeking funds from external source has not yet been successful, GSTEL has enquired to extend the loan tenor to
1% from the same period last year (source: International Tourist Arrivals to Thailand January-August 2 0 1 9 , Ministry of Tourism & Sports). The Company was fully aware of the situation and took