since GSTEL is currently in the process of debt restructuring and seeking funds from external source with aim to enhance its balance sheets and improve their financial strength. Thus, the financial
is a subsidiary of the Company, on Letter of Intention “LOI” to acquire franchise from Wuttisak Clinic Inter. Group Co., Ltd. (“WCIG”), ”), which is an indirect subsidiary of E FOR L AIM Public Co
of E FOR L AIM Public Co., Ltd. (“EFORL”), at the amount not exceeding 50 MB; and resolved to approve the investment of HHC in Franchise business of WCIG for investing in esthetic clinics under
services are managed efficiently, aligned with customers’ need and controlled with acceptable risk level. Establishment of Third-Party Risk Management Policy and Framework which cover risk assessment
the delivery of equipment or project until this situation can be controlled. Therefore, the operations and delivered projects are delayed, resulting in the decrease of revenue in Q1– 2020. In terms of
directors and members of its senior management bodies. XI. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS A. Major Shareholders 1. Disclose whether an issuer is directly or indirectly controlled by another
customers, has been pressured by high household debt. Therefore, spending expenses are carefully controlled. Notwithstanding, the entrepreneurs in retail industry have to adjust themselves to increase the
increased by 4.13% YoY. The increase was mainly due to the expenses of new outlets (i.e. Rayong and Diana Hat Yai branches) such as depreciation, and utilities. The Company efficiently controlled and managed
repealed. Clause 2 In this Notification: “ regulatory sandbox ” means a framework for experimenting and developing an innovation in a controlled environment to support provision of services related to