reduce the risk from managing capital structure, making the Company receive working capital available for the demand of cash flow in a timely manner 7.2 The proceeds received from asset disposal shall be
, making the Company receive working capital available for the demand of cash flow in a timely manner 7.2 The proceeds received from asset disposal shall be utilized as the working capital of the Company to
of 4 previous year and subsequently paid down loan from its operating cash flow and additionally from proceeds of land sold. The shareholders’ equity at the end of 2Q’19 increased by 13% yoy and 8
Company’s working capital. 7. Objectives and plans for utilizing proceeds received To support business expansion and/or working capital for the Company and/or other activities as the Board of Directors deems
additional source of fund to support its future investment plans and/or give the Company flexibility in utilizing such proceeds as working capital in the business operation promptly and in an appropriate
products which the Company is a distributor and manufacturer and being a distributor of tools and other products under trademark “Goodyear”. The necessity of the increase capital is that the proceeds will be
still not generate an income to the Company as it is still unable to find an appropriate public utility project. The necessity of the increase capital is that the proceeds will be an initial working
from subsidiary to 98.31% from 53.93%. The acquisition proceeds of THB 419.40 million were higher than the book value of net assets for the amount of THB. 343.72 million. This amount was deducted in
Acquired 43,649,997 newly increasing ordinary shares of WCIH at the par value (Baht 10 per share) or Baht 436,499,970. 6. Expected Benefits Benefits to WCIH: • Lessen the burden of WCIH by using the proceeds
Benefits Benefits to WCIH: • Lessen the burden of WCIH by using the proceeds to support its debt and interest repayment approximate Baht 229 million. • To support working capital of WCIH approximate Baht 52