March 2016, the total revenue decline. The impact of the bankruptcy of Hanjin Shipping Containers Line made of many containers which was leased by Hanjin Shipping also cannot be brought back to the cargo

of Hanjin Shipping Containers Line made of many containers which was leased by Hanjin Shipping also cannot be brought back to the cargo. Causing container races not sufficient since the 4th quarter of

worldwide including Thailand to prevent the spread of Covid-19 outbreak. And the negative impact of Covid -19 pandemic on the shipping industry were getting goods stranded, not capable of being shipped in and

to the same period of the previous year resulted from the fall in overall sales revenue of the Company with the exception of facial cleansers and gift sets which grew at a rate of 6.70% and 50.72

quarter ended 2019 and 2018 were Baht 34.03 million and Baht 27.49 million respectively. The increase of Baht 6.54 million was mainly a result of the sale expense (Freight and shipping cost, commission fee

quarter 2019 and 2018 were Baht 31.09 million and Baht 25.26 million respectively. The increase of Baht 5.83 million was mainly a result of the sale expense (Freight and shipping cost, commission fee) and

relationship with the Company. The transaction, therefore, is not fall within criteria of connected transaction under the Notification of the Capital Market Supervisory Board No. TorChor.21/2551 Re: Rules on

million at the exchange rate of 1 USD = THB 31.77 and will be approx. 1.76 percent of the Net Tangible ASSET Value (NTA). The above transaction will fall under ‘transaction relating to assets or services

above transaction will fall under ‘transaction relating to assets or services’ as prescribed in the notification of the Capital Market Supervisory Board No. Thor Chor 21/2551 Re: Related Parties

emerged from the public, whether an ICO can be done legally, particularly whether it falls under the SEC’s regulations. Figure 1: ICOs that fall under the SEC’s purview 1.4 In cases where an ICO constitutes