, the conglomerate has a new business plan that is the 100% battery electric vehicles, which the subsidiary require production space for setting up line of assembling the mentioned electric vehicle and
the end of 2020 mainly due to the Bank expansion into new business segments with higher asset quality. 12 The Bank’s loan portfolio in other retail loans amounted to Baht 42,791 million, expanded by 3.9
. However, the Company had revenue from the new business; Dusit Suites Hotel Ratchadamri, Bangkok, opening in 2Q19. Owned Hotel Remark: The statistics does not include Dusit Thani Bangkok and Dusit Suites
related to the environmental which are not related to the new business and shall remain operating the existing business. Currently, the business operation of Green Ocean Water (Thailand) Company Limited
innovation to create new business revenues or new S-Curve corresponding to the fast-moving environment of energy and electricity generation sectors and become an energy solution service provider of PTT Group
1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...
. It is expected that the Company will be able to repay all debts to creditors within the fourth quarter of 2020. Nevertheless, the Company’s Board of Directors has deemed that the new business should be
successfully help to drive an increased sales revenues in the future. Further, the Company does not expect that the official appointment of a new additional franchisee or new business partner by Yum Restaurants
to the date of service termination. Due to business plan of Spring after the License return, the Company is in the process of studying and looking into the feasibility of operating new business as a