periods. The Company had terminated the Tolling Agreement with G Steel Public Company Limited and accordingly the tolling activities were stopped from 1st February, 2019. Further, continued slackness in the
facilitate the government officers who are in duty to handle COVID-19 pandemic. During the temporarily suspension, the Company need to adjust compensation scheme to the employees to enable the Company to
Project CROSSROADS Phase 1 which commenced the operation on September 1, 2019. Significant Developments Disposal of shares On February 17, 2020, according to the terms under the Joint Venture Agreement, in
, as well as the outstanding credit card balances, despite an increase in credit card spending. Nonetheless, macroeconomic factors and government stimulus measures remain influential, particularly the
comply with the terms and conditions of the loan agreement with the commercial bank. (6) Factors Having Impact on Future Operating Results The economic situation for year 2018 is expected to recover going
(FATF) Recommendations. (2) the financial institution implements adequate and effective KYC/CDD process on clients, and (3) a written agreement has been made with the financial institution to ensure that
by the Office, e.g. Financial Action Task Force (FATF) Recommendations. (2) the financial institution implements adequate and effective KYC/CDD process on clients, and (3) a written agreement has been
cost saving measures to minimize the negative impact of the COVID-19 pandemic on the Company’s future operations and is hopeful that appropriate measures will also be taken by the Government to support
Corporate Group had no long-term debt obligation to comply with the terms and conditions of the loan agreement with the commercial bank. (6) Factors Having Impact on Future Operating Results It is anticipated