future business plan and higher depreciation from more assets acquired. In addition, there are legal advisory expense in franchise preparation, property tax collected retroactively accounted for THB 1.6
property of Bt167 million, a decline of Bt341 million for the value of trade receivable and other receivable, an increase of Bt358 million of inventory, and an increase of Bt58 million for the Goodwill
, L.P. (“SSG III”), and Kendrick Global Limited (“KG”) (collectively referred to as the “SSG Group”) for the net trade debt repayment of USD 123,899,729, or equivalent to THB 4,275,683,281.33, under the
and repayment of short term loan from related parties Baht 166 million. (See more details in Statement of cash flows) Trade accounts receivable As of 30 September 2018, the Company and subsidiary has
results were satisfactory and confident that they could be able to help improving the Company’s business. SSG Group therefore started negotiating with 7 main trade creditors (including Cargill International
and its subsidiaries had a total asset by 677.7 MB which decreased from December 31, 2018 by 24.9 MB as a result of the increase in cash and cash equivalents by 1.6 MB, the decrease of trade and other
contribute high gross margin; 4) marketing activities to help dry stock at trade stores and prepare for new packaging launch in Q3; and 5) increased administrative expenses from higher personnel expenses to
(English Translation) Page 1 Date : 5 February 2018 Subject : Notification of the Board of Directors’ Resolution Concerning the Plan to Spin Off its Subsidiary and to List Shares on the Stock
utmost benefit to the shareholders, trade partners, employees, and all stakeholders of the Company. In this regard, the debt restructuring plan with the SSG Group consists of: • seeking a loan from Link