impacted by the situation. Which many departments and many research agencies have forecast that gross domestic product will shrink by more than two digits. In additional it will affect the operating results

investment in Carnival Magic Project, calculated on the basis of total value of consideration which is the criterion with the highest result, is equivalent to 157.3% of the Company and its subsidiary total

Carnival Magic Project, calculated on the basis of total value of consideration which is the criterion with the highest result, is equivalent to 157.3% of the Company and its subsidiary total asset. The

assistance is reasonable and will eventually increase Company’s profitability and benefit to obtain stronger financial condition of the Company. Thus, the Board of Directors has approved the receipt of

unfavorable condition of the Company’s traditional trade channel as the Company appointed a large-sized distributor for the channel since the first quarter of 2018 but later terminated the contract with the

policy and political situation which were clearer. This will result in people spending more on consumption. The issues that need to be tracked is the rubber price, the competition in foreign markets

the previous year due to an unfavorable condition of the Company’s traditional trade channel as the Company appointed a large-sized distributor for the channel since the first quarter of 2018 but later

same period of the previous year due to an unfavorable condition of the Company’s traditional trade channel as the Company appointed a large-sized distributor for the channel since the first quarter of 2

an unfavorable condition of the Company’s traditional trade channel because of the terminated contract with the distributor, which was effective since 30 June 2019. Further in this year, the period

. The management believes that it will be able to rectify situation. Please be advised accordingly. Yours Faithfully, Bang-on Phumchai Managing Director