deposits continue to expand. Deposits grew at a higher rate than loans and as a result, liquidity in the commercial banking system increased from the end of last year. As the quality of loans began to
than that in Thailand around 20%-25%. Thus, the Company could expand and increase the percentage of market in India, and profit margins for competing competitive products. However, in the past 2-3 years
production in India is lower than that in Thailand around 20-25 percent. Thus, the Company could expand and increase the percentage of market in India, and profit margins for competing competitive products
was approved for investing in new business and expand current business which will, by no means, disrupt GLOCON’s cash flow. 5 Opinion of the Board of Directors 1. The acquisition of dried fruit business
Commission (MIC) approval permit and also the commencement date of construction which is informed in written from HSMC. HSMC is able to expand or postpone the construction period up to 2 times. If the
from HSMC. HSMC is able to expand or postpone the construction period up to 2 times. If the construction may not be completed within the extended period, HSMC will require to pay MCDC of 20,000 MMK per
longer necessary for a credit- impaired event to have occurred. The Company applies the impairment approach to financial assets that are credit-impaired upon the initial purchase or acquisition and a
policies. When recognizing expected credit losses on the Company’s financial assets, it is no longer necessary for a credit- impaired event to have occurred. The Company applies the impairment approach to
financial status and evaluate the assets of Hero Experience. Sims based its evaluation on the Discounted Cash Flow Approach, assuming that the business has been operating for 9 years, which is the duration