been fully utilized. Furthermore, STARK lacked retained earnings or sufficient liquidity to carry out the share repurchase project as disclosed. Such act was deemed a dissemination of false information
placement and initiating a share repurchase project. However, at the time, the total proceeds from the capital fundraising through the private placement had already been fully utilized. Furthermore, STARK
baht to a private placement and initiating a share repurchase project. However, at the time, the total proceeds from the capital fundraising through the private placement had already been fully utilized
shall be fully paid-up in one lump sum in cash. However, the Company has the right to issue preferred shares, debentures, convertible debentures, and any other securities, as permitted by the laws. The
monetary policies of major developed economies move towards a tightening stance, resulting in less liquidity in global financial markets. Meanwhile, Thailand’s economic growth is also projected to slow down
and Sixty Shares) Par Value THB 1 (One) Classified into Ordinary Shares 589,968,760 shares (Five Hundred Eighty Nine Million Nine Hundred Sixty Eight Thousand Seven Hundred and Sixty Shares) Preferred
of declines in exports and confidence. Meanwhile, the full impact of government spending on the economy cannot be fully realized due to the delay in the enactment of the Annual Budget Expenditures Act
Factory which was fully recognized in the first half of the year since the Company acquired such machines in April, May and August 2017. This resulted depreciation expense to be increased by 0.83 million
branches that the company had fully invested in when the traffic in shopping malls returns to the pre-pandemic level. However, the rest of targeted branches that are still in the negotiation process, will be
banking. Thai Banking Industry in 2020 In 2020, the global financial system will still face a number of uncertainties. Throughout 2020 central banks in major developed economies are expected to continue