implemented cost management program to reduce fixed expense items such as salary and benefits, professional fee and office rental. Finance Costs Finance costs consist of lease payments under the sub-lease
Sales and Purchase Value Appraised Market Value Machines of Rich Asia Industry Co., Ltd. 53.85 million baht 55 million baht 134.61 million baht 8. Expected benefits to the Company from the asset disposal
project abroad. 8. Expected benefits to be derived The divestment of investment in the three biomass power plants is carried out in accordance with UWC’s revised business plan and strategies, aiming to
dated 20 June 2020, investment in machinery during the period from 1 January 2020 to 31 December 2020 can qualify for 2.5x depreciation tax benefits. The term ‘machinery’ contains two characteristics are
Benefit Company expects that projects shall create the IRR of at least 10% 6. Benefits which the company will receive from the capital increase and share allotment An increase of capital by issuing new
is exposed to the foreign exchange rate movement due to the revenue is denominated in USD Expected Benefit Company expects that projects shall create the IRR of at least 10% 6. Benefits which the
is exposed to the foreign exchange rate movement due to the revenue is denominated in USD Expected Benefit Company expects that projects shall create the IRR of at least 10% 6. Benefits which the
of the Company and/or utilize on working capital for the Company. 6. Benefits from Capital Increase and Allocation Expansion of capital base for the Company and/or support for future expansion in
of the Company and/or utilize on working capital for the Company. 6. Benefits from Capital Increase and Allocation Expansion of capital base for the Company and/or support for future expansion in
the provision for retirement benefits and past service cost in accordance to the Labor Protection Act, which was amended on the 5th April 2019, to include a requirement that an employee who is