renewing the transaction are as follow: 1. To pay back The 2 Financial Institutes, in totaling Baht 360 Million in order to redeem the mortgage. 2. Transfer The redeem mortgages to ASIA PLUS SECURITIES
to generate additional income. 2018 is the Year of Change as all aspects of the operation are modified in order for the Company to achieve sustainable growth under sufficiency economy principles. The
and conditions. In order to reduce investment in non-core business of the Company. By the reason that the ice cream business is not related to the business of the Company. (13) Opinions by the Audit
capital for marketing and after sales services operation in order to support new business operations of the conglomerate as planned. 4. Description of the asset to be disposed of 4.1 General Information
adopted the Thai Financial Reporting Standard No. 15, subject to Revenue from Contracts Made with Customers ("TFRS15") which was effective on January 1, 2019. In order to comply with the accounting standard
branches, customers can order our products via direct phone through sales team and sales representative as well as delivery to customer’s home. The Group had increased sales team to support such channels for
in order to increase sales, in the meantime focus on control system and reduce expenses to conform actual incomes which decreased. Performance Analysis Unit : MB For the quarterly Change For the six
and production order. As a result, the cost of sales per unit increased. (4) Dividend income In the second quarter of 2019, the Company received dividend from Millcon Steel Public Company Limited at the
previous year which total gross profit were Baht 14 million, due to delay in work delivery and production order. As a result, the cost of sales per unit increased. (4) Administrative and Selling expenses The
order such securities registrar to rectify such matter within a period as specified by the Office. Clause 7 In the case where any securities registrar: (1) does not comply with the order of the Office or