Investors Association had assessed the Annual General Meeting of Shareholders of LH Financial Group Public Company Limited and rated the company in "Excellent" level with the full assessment score of 100 for
optimal level yet. At the same time, the Company experienced faster and further than expected sales drop. Thus, costs per unit climbs up at this point and affects the Company's performance in the short term
1,403.61 million). In this case, even though the disposal of assets by means of a bidding process is considered a fair process and does not benefit the connected person of the Company, for the transparency
expenses and for working capital that will allow the Company to continuously operate its business. In addition, the disposal of such assets is to reduce the assets that have low level of liquidity and are
expenses, the Company’s net loss should have been at THB 406 million in 2Q20 and THB 488 million in 1H20. Even though the Company’s performance was affected from the external material adverse event, our
. Even though both related transactions did not occur within the six months period and both transactions were approved by the Company’s Board of Directors’ Meetings as stated above. Nevertheless, both
consideration by shareholders. Even though both related transactions did not occur within the six months period and both transactions were approved by the Company’s Board of Directors’ Meetings as stated above
, even with the divestment of assets in the Nikaho and Nagi projects in Japan in September 2018. From the said divestments, the company recorded profit from selling of the assets at THB 795 million
increased to an average level of 70.95 $/BBL in April, and proceeds to decline during the middle of May to early June. Thus, price of Dubai crude oil at the end of June was 61.76 $/BBL leading the refinery