reduction. However, outstanding loss remained due to 1) sales shrinkage; 2) higher cost as a result of higher depreciation from investments in machinery; 3) higher financial costs from investments; and 4) one
1 (TRANSLATION) SAFARI WORLD PUBLIC COMPANY LIMITED PCL 0107537000351 Ref. No. 080/2019 4 December 2019 Subject: Notification of the Resolution of the Board of Director’s Meeting regarding of the schedule of EGM1/2020, Capital Decrease, Capital increase, an Increasing of investment cost in Carnival Magic Project, and compensation for design and construction to related person. To: Managing Director The Stock Exchange of Thailand Reference: 1. Information Memorandum on the Issuance and Offering of...
of principal payment only, suspension of both principal and interest payment, and granting of credit lines to boost liquidity. Major points can be summarized as follows: (1) Credit Card: Reduction of
of risk from carrying successive losses of overall performance of Power Plant business caused by less productive machinery along with cutting down provision of financial support for Power Plant
selling expenses from multiple new products launch; and higher finance costs due to higher borrowings as a result of previous investments in machinery, subsidiaries, and joint ventures. If considering
the transaction, Modern Company must adjust its business structure by buying out land and factory buildings as well as adjust all existing assets and liabilities of the company except tools, machinery
installation of tools and machinery, hold 47.50% of paid-up capital with initial investment of 1.42 Million Baht - Repair and maintenance of tools and machinery, hold 47.50% of paid-up capital with initial
machinery along with cutting down provision of financial support for Power Plant business. Consequently, the aforementioned disposition of 3 subsidiaries engaging in Power Plant Business, Auditor is of the
equipment dropped by 38.46% QoQ due to decrease in demand on products. Other revenues comprise of revenue from sale of scrap and zinc and machinery rental. Cost of Goods Sold Cost to revenue from