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“Stable outlook”. On February 19, 2020, Fitch Ratings Inc. downgraded the company’s rating from AA- (tha) to BBB+ (tha) with a stable outlook and withdrawn the Rating Watch Negative. 1.5 Annual General
, Fitch Ratings Inc. downgraded the company’s rating from AA- (tha) to BBB+ (tha) with a stable outlook and withdrawn the Rating Watch Negative. 1.5 Annual General Meeting Arrangement and Approval of
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increase in gross profit of Food Coating for THB 15.14 million and Flavor & Fragrance for THB 63.86 million. 2. GROSS PROFIT FROM HOTEL OPERATIONS In 2019, the negative gross margin of hotel operations was
negative gross margin of hotel operations was THB 17.38 million, equaled to 19.69% of the total revenue from operations. The hotel operations had the negative gross margin increased of THB 6.62 million or by
Calculation Formula 1. Net Tangible Asset (NTA) = Not applicable, as the NTA of the Company is in negative. 2. Net Profit = Not applicable, as the negative net profit 3. Total Value of Consideration = Amount