Limited Global Green Chemicals Public Company Limited Management Discussion and Analysis | 2 Executive Summary In 1Q2019, palm oil production and crude palm oil (CPO) inventory have remained high in both
quarter of 2019 continued to expand driven mainly by domestic demands. Private consumption expanded in all categories supported by the improvement in purchasing power from the rise in farm and non-farm
is the Company’s connected party, to own and have the absolute controlling power in the project SHAA Asoke; 2) investment in ONE CITY CENTRE (“OCC”) – grade A office building development project for a
were calculated based on The Stock Exchange of Thailand’s formula. MANAGEMENT OUTLOOK This year, VGI celebrates our 20th anniversary unveiling a new vision: “Pioneering Solutions for Tomorrow”. We have
estate developer and its customers. Although overall economy is soft, the Company’s target group of customers can maintain their purchasing power. For recurring income business, the Company had adjusted
target group of customers can maintain their purchasing power. For recurring income business, in November 2019, the Company kicked off the construction of “Hotel Kitch”, a 72-room hotel that will be
purchasing power. Government spending is also important in sustaining the economy, with government spending increasing compared to 2020 due to COVID-19 epidemic mitigation. Specifically, the third wave of
assumptions on which the estimate is based and an explanation of the management company and the financial consultant about the differences between the appraisal report and the financial estimate (if any); (5) a
B.E. 2547, dated October 29, 2004 (as amended) ( collectively, the “Acquisition and Disposal Rule”). The transaction size when calculated under the value of consideration criteria (based on the