new accounting standard TFRS9: Credit risk model, asset classification criteria, provisioning, capital calculation system and economic factor determination have been developed in accordance with the
requirements to be fully enforced in 2019, as well. These new standards may eventually affect provisioning expenses, risk calculation and capital maintenance of commercial banks. All of these factors may change
to the value of consideration basis, the calculation is based on the Company's reviewed consolidated financial statements for the 6-month period as of June 30, 2019, which is considered as a Class 12
trading in the mutual fund’s portfolio over a period. The calculation is based on the lower amount between the total amount of securities purchased and the total amount of securities sold within a one-year
Reporting Standards (IFRS9) going forward. All of these factors may affect business adjustments of commercial banks in terms of provisioning expenses, risk calculation, capital maintenance and their overall
operations and on processing of test run. (7) Financial cost The Company and its subsidiaries’ financial cost from loan and permission note was increased by Baht 7.72 million or 203.13% from the same period of
41.98 million due to withholding tax of investment in machine of the Company’s subsidiaries was on processing for tax refund which was Baht 44.42 million. 4. Restricted bank deposits decreased by Baht
2.27 Page 3 of 3 million due to withholding tax of investment in building and machine of the Company’s subsidiaries were on processing for tax refund. Restricted bank deposits decreased by Baht 16.09
securities Fee of the company and the processing of mortgage is not complicated. 10) Opinions of the Audit Committee and/or the Directors of the Company having differing opinions from the Board of Directors of
distributing stainless steel pipe i.e. stainless steel for ornamental tube and stainless steel pipe for automotive industry as well as processing and distributing electro-galvanized steel and coil and galvanized