Exchange of Thailand (SET) and to hold the shareholders’ meeting for the ratification of the aforementioned transaction. Moreover, the Company is required to appoint an independent financial advisor to give

by the COVID-19 and politics in Myanmar as well as the Bank of Thailand cut the ceiling rates of interest rates on credit card from 18% to 16% per annum and personal loan from 28% to 25% per annum

13.25 million. The Company has already set an allowance for loss of such bad debt. However, the Company has adopted the Thai Financial Reporting Standard - Group of Financial Instruments (TFRS 9) which

November 13 ,2020 Dear Director and The Manager of SET Re: Clarification on the Operating Result of Quarter 3/2020 Thailand economy’s condition of Quarter 3/2563 was continued to shrink by domestic

required to report the Stock Exchange of Thailand (SET) and propose to the shareholders? meeting for approval. During the said transactions had been made, SCAN never complied with such requirements

comparing to 1,972 MTHB at the end of 2016. Most of the receivables were not yet due. For the corresponding bad debt, the Company had already set sufficient provision. 3. The balance of other receivables at

set aside a one-off higher provision in the previous quarter to strengthen the loan loss reserves before the adoption of the Thai Financial Reporting Standard No.9 (TFRS 9). At the end of March 2020

68,940.05 Advance from director 27,209.20 Loan and accrued interest 40,245.48 Other Liabilities 3,295.62 Total Liabilities 70,750.30 Shareholders’ equity (1,810.25) Total Shareholders’ equity 68,940.05 Total

appraisal price. - Benefit : The Company will allocate the proceed from the land sale to repay the Company's loan to a financial institution and use it as working capital within the Company. This transaction

of Thailand (the “SET”) for 7 consecutive days prior to the date on which the Board of Directors resolved to propose the said offering for approval at the Extraordinary General Meeting of Shareholders