start and completion of the activity, and the increase of production capacity anticipated after completion. V. OPERATING AND FINANCIAL REVIEW AND PROSPECTS Discuss the issuer's financial condition
certain conditions precedents before enter the Transaction in regards of risk managements in conflict of interests, and the key terms are as follows: Condition Precedents 1) Undertaking that after the
) crack spread which has consistently decline since the end of 2018 thus the production was reduced to the optimal level. Furthermore, during the quarter the refinery identified an abnormal condition in
November 28, 2017. For the 2 investment items in the total amount of 34,102,184.62 Baht, the Company paid for such payment on the condition that the Company can demand for a return of the capital investment
) and THB 113 million (Separate). The major reason came from the expenses recorded in the year 2016 resulting from the additional claimed from the creditor due to the Company breached some condition in
major reason came from the expenses recorded in the year 2016 resulting from the additional claimed from the creditor due to the Company breached some condition in the agreement. Financial costs
opinion that the increased investment value in Carnival Magic Project is under reasonable condition and will benefit the Company and its shareholders as specified in Item No. 8 13 12. Opinion of Audit
under reasonable condition and will benefit the Company and its shareholders as specified in Item No. 8 12. Opinion of Audit Committee That Differs from the Opinion of the Board of Directors - None - The
million for Q2-2017 and Q2-2016, in accordingly). Mainly caused from in last year, it recorded the additional expense claims from creditor in regarding to the Company breached some condition in the