gaining wide acceptance and recognition at home and abroad, as reflected in the numerous awards we received in this quarter. C Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1
subsidiary formed by a joint venture agreement with another business group, identify the name and the shareholding proportion of the joint venture partner. (If there are numerous subsidiaries or associates
manufacturing capacities of various industries. Heading into 2019, the Thai economy is expected to grow at a similarly solid pace with key supporting factors, such as continued public and private investment
various cost reduction initiatives. Reductions in operating costs and general administrative expenses, such as utility cost, certain outsourced services and excessive administrative costs at both business
were supported by company’s marketing campaign to drive overall economy as well as assist SME. During mall temporary closure, the Company mitigated the impact on revenue and profitability through various
rate of return on investment. In addition, the Company has taken into consideration other supporting calculation bases, such as the trading multiple and dividend yield approaches, which are also
calculation bases, such as the trading multiple and dividend yield approaches, which are also typically employed for decision making on business acquisitions. 6.2 The Tender Offer for all securities of GLOW The