the loan. Due in the end of the year 2017, Genesis Data Center had delayed in applying loan with financial institution for the construction of Data Center to be continued as planned, the shareholders
MHNK project to the customers and recognize continuously the revenues as planned and also the proceeds from selling the available unsold units of RCR and Nimit’s Project to potential purchaser. The
well. However, if the Company can transfer the remaining backlog residences of MHNK project to the customers and recognize continuously the revenues as planned, the Company will reduce further its debts
(“Partial Business Transfer”). The value of such Partial Business Transfer will equal to book value as at the transfer date. The Partial Business Transfer to its subsidiary planned to set the business
are major kiln repairs scheduled for the second half of 2018 which will require considerable Capex investment in the range of 30mTHB however this has been planned and budgeted for. Net cash from
the development of land and building of animal shelters on the land, bought by the Company in 2016 with the purpose to raise and breed the Company’s excess animals, were not able to proceed as planned
transfer when the COVID-19 situation gets better. For recurring income business, in Q1/2020, the Company continues the construction of “Hotel Kitch” - a 72-room hotel, as planned. However, the launch date is
house projects. The first project is planned to be launched in Q2/2021. 2 Report on the complete projects ready to be handed over, sales volume and backlog in Q1/2021 1. Complete projects ready to be
export markets as planned. In Q2 2020, the Company has combined 49 days revenue of Thai Marble Corp., Ltd. For the rest of 2020, the Company will see the full impact of the Thai Marble acquisition when the
Experience Management Sales to 13.37 Mb, an increase of 11.89 Mb or 800.4% YOY. We foresee a significant growth in these new Business Units in line with our planned strategy to offer end-to-end solutions to