June 2019, the Company is undergoing strategies through cost control which includes closing of additional stores in the United States. As a result, the impairment of fixed assets and provision regarding

water quantity of the past 10 years. The weather forecast of the Department of Meteorology was expected that the total rainfall in the Eastern part of Thailand will be move closing to the average in July

to approve the third financial support to GSTEL, who at that time held shares both direct and indirect totaling 17.44 percent of the Company’s paid-up capital (based on the latest closing register as

the tourism expense is presented under cost of services) and decreasing of consultant fee Baht 0.72 million and Baht 3.37 million and Loss of closing Nakorn Sawan Branch at Baht 3.54 million 2 Financial

declarations of the state of emergency including gradually closing the international inbound and outbound travels to stop the spread of the disease. In Thailand, the state of emergency was declared as well and

close the sales through their branches more than 2 months together with the decrease of sales via ELEGA showroom that had been stopped the business from the adjustment of the business strategy by closing

branches in Bangkok and vicinity, and some branches in other provinces by closing them since March 25, 2020 which it is the defensive measures against the spread of COVID-19. The branches can open for

fixed expenses consisted of utility expense, maintenance cost and outsourced labor cost, which was reduced following to the number of stores-closing days and a stringent control of cost whereas the

price by transfer to the bank account or via cheque upon completion of the Transaction. The seller has the right to buy back the shares at the price of 220 baht per share within 3 years from the closing

Transaction (within the 2nd Quarter of 2020). The Seller has the right to buy back the shares at the price of Baht 220 per share within 3 years from the closing date of the transaction. 7. Value of Assets