there is any change in exercise price and exercise ratio under the circumstances as defined by the notifications of Capital Market Supervisory Board. The Company may adjust the exercise price and exercise
installments after the maturity of the loan repayment period (February 2014 – January 2015) and the Company requested to negotiate with Mahachai Group to adjust the loan repayment conditions 3 times as follows
(MACO-W2) (the “Terms and Conditions of MACO-W2”), the condition of the adjustment of rights under the MACO-W2 states that the Company shall adjust the exercise price and/or the exercise ratio to purchase
-W2) (the “Terms and Conditions of MACO-W2”), the condition of the adjustment of rights under the MACO-W2 states that the Company shall adjust the exercise price and/or the exercise ratio to purchase
Warrants Adjustment of Warrants The Company will be required to adjust the exercise price and/or ratio upon the occurrence of any of the following events; (1) in case of a change in par value of the
(NESDB) forecasted Thailand’s economy to expand in the range of 3.50% to 4.50% (Mean 4.00%), lower than the expansion of 4.20% in 2018. A lower projection is mainly resulted from the uncertainty of trade
forecasted due to Phuket ferry accident in July (Source: Bank of Thailand). Moreover, South Asia incurs the second highest growth in terms of tourist arrival, followed by Africa, accounting for 11.2 and 7.1
seasonal (Q1) average. However, Cash collection in Q1/2020 is lower than that of Q1/2019 because of the sizeable payment from one significant debtor. The company forecasted that the actual impact from COVID
Q1/2020 is lower than that of Q1/2019 because of the sizeable payment from one significant debtor. The company forecasted that the actual impact from COVID- 19 would come into play in Q2/2020 onwards