business was adversely affected by purchasing from pipe laying projects; waiting for bidding, waiting for contract signing, and pending to start the work after contract signing. Besides, cost of HDPE resin
process with little finished goods pending for customer delivery. The group companies normally write-off out-of-date inventory, and make provision for aged inventory and depletion in the value of fixed
' order, consequently, the majority of inventory are raw materials, expendable tools and work in process with little finished goods pending for customer delivery. The group companies normally write-off out
false statement, concealment of material facts that are needed to be disclosed, nor statement that may be materially misleading. 2. Financial projection for the current year -None- 2 3. Pending material
, management and shareholders directly or indirectly holding shares amounting to 10 percent to more None. 12. Pending material lawsuits or claims relating to the business acquisition None. 13. Additional Remarks
construction costs increase 287.05 million THB or 45.26%. Moreover, the down payment of projects that are pending income recognition has increased 142.54 million THB or 16.63%. As a result of the above reasons
of projects pending income recognition increased 347.15 million THB or 40.50%. As a result of the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have increased
completed. On the other hand, there are many projects which has been signed and some projects are pending for contract signing which revenue will be recognized in the second quarter of 2020. The cause of
current liabilities increased by 27.1 million baht or 40.6%, mainly due to the increase in VAT, both sales tax and sales tax pending in June 2023. -5- Shareholders' Equity As of June 30, 2023, the Company
. Source: Audited Consolidated Financial Statements for the fiscal year ended 31 December 2018 of the Tender Offeror (7) Information relating to criminal records - None - (8) Pending legal disputes As of 31