inventory shortfall. Moreover, after the review of the reserve for damages from the inventory shortfall, the company has reversed the reserve of approximately THB 217 million pursuant to an appraised value of
accommodate the Company’s operations and work expansion in the future. In this regard, the purchase prices of the land are lower than the market prices appraised by the independent appraiser, i.e., Thai
in next projects, and to accommodate the Company’s operations and work expansion in the future. In this regard, the purchase prices of the land are lower than the market prices appraised by the
Valuation for public purpose Valuation for market value and public purpose Appraisal Approach Income Approach Income Approach Date of Appraisal July 1, 2019 June 28, 2019 Appraised Value Baht 95,640,000 Baht
, true, and complete and will not cause any misunderstanding or material non-disclosure on the information. 11. The appraised value from the independence valuer. -None- 12. Financial Projection (If any
cost control. The Company has evaluated preliminary which is expected to gradually increase from 2019 to 2024 and reach the synergy value of approximately THB 1,600 million in 2024. In the first 6 months
which evaluated by company management. 8. The Benefits Expected to be Received by the Company Since the company manufactures paints for industrial use, most of the company's products are sold to
season. The Company’s management has primarily evaluated and forecasted that it would take at least 5 to 6 months for the tourism sector to slowly recover. The sign of recovery is expected to be evident at