25 October 2006; (3) Clause 3 and Clause 4 of the Notification of the Securities and Exchange Commission No. KorThor. 24/2549 Re: Rules, Conditions and Procedures for Supervision of the Operation of
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other persons in a manner which is similar to or which is in competition with the operation of the management company except where the management company can show that its organizational structure does
“Profit from discontinued operation for the period” in the consolidated profit or loss for the three-month period ended 31 March 2019 with those of the three- month period ended 31 March 2018 presented for
does not have any asset disposition transaction from its operation in the past 6 months. The company is obliged to provide a report and disclose the information memorandum with respect to the entering
TFRS 15 accounting standard, resulting in lower recognition of share of profit. However, this is merely accounting impact, not related to cashflow from operation Other Income Q2 2018 Q2 2019 Increase
Tolling Agreement. The Company has been seeking funds from an external source for working capital purpose and preparing to get ready to produce for own sale again and can resume the operation in early of
Company and its subsidiaries will closely monitor and control the operation to achieve our turnaround plan.
opportunity for such a debtor’s business to return to normal operation more expeditiously. KBank has studied and analyzed the impact of this new law, and has proposed recommendations as well as having conducted
exceed 11 years. 7. Benefits to the Company from the Transaction 1) To expand the scope of the operation of business from the furniture production and distribution, the main business, to the related