for equity crowdfunding. Furthermore, in the case of ICOs, imposing the aggregate limit would not be an effective investor protection mechanism. This is because it would be very difficult to enforce and

new clients in the COVID- 19 situation is quite difficult. The managements and team brainstorm for strategy how to propose work that is suitable for the COVID-19 situation as the alternatives to the

contribute to the segment earnings. However, contribution from this business will be adversely impacted in 2Q19 due to an unplanned shutdown lasting for around 45 days. 2020 will be the year that IVL realize

HVA continues to contribute to the segment earnings. However, contribution from this business will be adversely impacted in 2Q19 due to an unplanned shutdown lasting for around 45 days. 2020 will be the

from the announcement. Financial structure The Company emphasizes the importance of financial structure management efficiency which should be flexible in difficult circumstances and able to maintain the

estate expansion which is the Company’s main business in the long term. The approximate leasing fee and the leasing charge of Rachaphatsadu Land throughout the term of the agreement are totally Baht

majority and sheer number of parties, governing could prove difficult. A large stimulus package is expected and large-scale projects are likely to go ahead. This should help boost the economy going forward

THB 60mn. Nevertheless, there were partially offset by an increase in 3) long-term loans of THB 102mn, 4) trade and other payables of THB 60mn, 5) deferred incomes of THB 13mn and 6) income tax payable

was THB 350mn. The key components were cash received from 3) short-term and long-term loans from financial institutions of THB 733mn, which was partially offset by the decrease in 4) short-term loans

debt. In order to manage the company’s working capital to coincide with operations. As well as, managing debts to be paid on time. The company was able to secure funds, both short term loans and long