AEON Microfinance (Myanmar) Company Limited of 31 million baht, decreasing by 90% y-y due to impact of COVID-19 situation and political turmoil. Therefore, AEON Microfinance (Myanmar) Co., Ltd has
to the impact of the political turmoil in Myanmar as a result of temporarily suspended new loans to customers since February 1, 2021. However, AEON Microfinance (Myanmar) Company Limited has resumed
time of the world’s turmoil. Combined with execrate investment in many mega projects on infrastructure improvements enforced by the new government to draw interest from foreign investors, the management
million baht, decreasing by 89% y-y respectively due to COVID-19 lockdown and political turmoil. Therefore, AEON Microfinance (Myanmar) Co., Ltd has stopped new loan and cut the expenses as well as
subsidiary in Myanmar has suspended loan disbursement to new customers starting from February 24, 2024, due to the impact of the political turmoil in Myanmar. 5 2. Financial Status Statement of Financial
of the political turmoil in Myanmar. In addition, the Board of Directors passed a resolution on November 8, 2024 to sell the shares of AEON Microfinance (Myanmar) Co., Ltd. to AEON Financial Service Co
help offset declining tourists from China. Amidst political instability and the expected Presidential and Parliamentary election in 2018 and 2019 respectively, the Company is confident in its ability to
temporarily. For private investments, that decreased from the same period of last year in all sectors from instability of the economy, except for ongoing projects of improvement, maintenance and automation
geopolitical tensions, including instability in the Middle East. Additionally, rising electric vehicle (EV) sales in Thailand, largely imported as complete built units (CBUs) from China, have reduced the demand
structural change in the business outlook of PET, and is an oppor- tunity for well-managed and committed PET producers like IVL to align supply reliability to customers. We benefitted from the instability