”, the management would like to discuss and analyse the financial statements for the year 2019 ended December 31, 2019 including the significant situations and order taking in the year and business

Magic Project is under construction. It is estimated to be completed and open for business at the end of the year 2019. (2) Business Tendency Tourism Situations of Thailand in 2018 The tourism industry in

with the situation. And able to handle various situations the company expected that the overall situation in the second half of this year will be better than the first half. The company has 12 projects

COVID-19 crisis in 2020, the Company will closely monitor the situations and quickly adjust to the rapid changes especially focusing on cash flow management. We will also continue to improve our operation

continuously improve the operation pattern to keep up with the situation and able to handle various situations The Group expected that the overall situation in the second half of this year will be better than

has prepared its cash flow by managing costs appropriately and being more careful with investment plans for preventing unforeseen situations. Quarter Quarter Quarter Quarter Quarter 3/2019 4/2019 1/2020

and quickly. And work together with the entire WICE branch network to deal with various logistics issues for customers. Keep up with changing situations Customer transportation must be handled. The

registration statement; e. prohibition on issuing other types of securities under certain circumstances to prevent the issuer from taking unreasonably burdensome indebtedness or obligations; f. covenant

of financial commitments - it may, nevertheless, be vulnerable to changes in economic cycle or circumstances A+ A A- A1 A2 A3 A+ A A- Adequate capacity for payment of financial commitments - economic

following material particulars: (1) an alleged person’s name; (2) any act that would be considered as violation subject to the administrative sanction together with facts and circumstances pertinent to the