volume by 13,023.43 %. The Company has started selling refined glycerine in the 4th quarter of 2019 onwards. 1.4 Sea Freight Service AI Logistic Company Limited (“AIL”), the Company’s subsidiary, has
sell by-products that excess the need of its biodiesel and refined glycerine productions. 1.2 Sea Freight Service The Company’s subsidiary (“AIL”) has ceased its operation and in the process of
, detergents, etc. Therefore, VAVA will not compete with the Company and VAVA will stop production and distribution of flexible packaging products within 3 months from the date that VAVA will purchase newly
faded tourists and decline in new subscriber acquisition as a large number of telecom shops residing in shopping malls were mandated to close. While more people are working from home mostly started in the
in interest income on investment in loans by 51.3%, due to a high base in 2016 from loan restructuring progress of large accounts. Interest income from hire purchase and financial lease declined by 1.4
sufficient funds to operate its business and had to cease the production of hot rolled coil, which further resulted in the Company’s liquidity problem and inability to repay a large amount of debt. Through the
Company’s liquidity problem and inability to repay a large amount of debt. Through the years, the Company engaged in several debt restructurings, as in 2010, where the Company entered into an agreement for