planned major maintenance, the Company expects higher Availability Payment (“AP”) during 2Q-4Q2019 to fully compensate lower AP revenue in 1Q2019 if GHECO-One achieve Contracted Available Hours (“CAH”) of
enhance liquidity. The planned measures aim for utilizing the Company’s investment in the past 3 years to reach cost- effectiveness and break-even point as soon as possible. In Q1/2019, with our mentioned
manage fixed costs, stop additional investments, and most importantly focus on cash management to enhance liquidity. The planned measures aim for utilizing the Company’s investment in the past 3 years to
(“Partial Business Transfer”). The value of such Partial Business Transfer will equal to book value as at the transfer date. The Partial Business Transfer to its subsidiary planned to set the business
Company still operates business as planned by increasing service on Boonterm kiosk and expanding business to new businesses in order to attract more customers to use the Boonterm kiosk and expand the
are major kiln repairs scheduled for the second half of 2018 which will require considerable Capex investment in the range of 30mTHB however this has been planned and budgeted for. Net cash from
the development of land and building of animal shelters on the land, bought by the Company in 2016 with the purpose to raise and breed the Company’s excess animals, were not able to proceed as planned
that such slowdown was only a short time as many customers have planned to buy media and use the Company's advertising media continuously. The Company has launched new advertising media attracting
Business Group recorded an average production rate of 66.80 KBD (56% utilization rate), which declined, coinciding with the 2018 planned turnaround maintenance TAM (period between 30th April – 13th June
transfer when the COVID-19 situation gets better. For recurring income business, in Q1/2020, the Company continues the construction of “Hotel Kitch” - a 72-room hotel, as planned. However, the launch date is