there will be additional surplus liquidity from operations and the capital increase from the IPO during the period which there are no plans to use the funds as stated in the prospectus. The Company’s

cash because the Board of Directors expected that there will be additional surplus liquidity from operations and the capital increase from the IPO during the period which there are no plans to use the

with a capital surplus of Baht 2,645 million (net of share offering expenses of Baht 68 million) The Company had registered the increase of its capital to the Ministry of Commerce on 16 January 2020

assets 970 Total assets 1,238 Current liabilities 1,109 Non-current liabilities 1,119 Total liabilities 2,228 Share capital 3,959 Surplus on land revaluation 66 Retained earnings (deficits) (5,015) Total

490 730 Non-current liabilities 1,119 1,061 824 Total liabilities 2,228 1,551 1,554 Share capital 3,959 3,739 3,300 Surplus on land revaluation 66 Retained earnings (deficits) (5,015) (4,168) (3,577

surplus of Baht 2,645 million (net of share offering expenses of Baht 68 million) The Company had registered the increase of its capital to the Ministry of Commerce on 16 January 2020. ● Other components of

growth potential in the tourist industry. o The investment in Target Group Hotels and Resorts in 4 countries will further diversify the Company’s geographical risk. o The investment in the Target Group

consumption from private sector. However, expenses from the government sector, and tourism industry sector continued to increase, partly benefited from the return of Chinese tourists, and a decline of the

: Bloomberg *แหล่งทีม่า The World Rubber Industry Outlook, Review and Prospects to 2028 by International Rubber Study Group (IRSG), July 2019 ปริมาณการบริโภค NR จากผู้บริโภคหลกั 10 ประเทศ http://www.shfe.com.cn

aviation industry of 2017, a growth in passenger traffic was supported by 7.6 percent increase in revenue passenger kilometers (RPK) where airlines in Asia-Pacific achieved highest growth at 10.1 percent