and China weakened international trade and increased the risk of the global economy being driven into recession. Given these circumstances, investors resorted to increasing their holdings of safe-haven
of systematic management of supply chain, the Company is currently under the studying process to establish a new factory to produce other packaging items mainly for captive consumption and may consider
, especially Thai bonds, which are regarded as a safe haven because of Thailand’s economic stability – as evidenced by a low inflation rate and external debt, as well as a higher current account surplus than
which the Tender Offeror shall secure for this Tender Offer is THB 41,569.54 million (being the amount of funds which the Tender Offeror shall secure for this Tender Offer before deducting the remaining
5 Despite receiving assistance from the Mahachai Group in terms of working capital for its operation in the past, the Company is still unable to secure adequate funding to repay a large amount of
to secure adequate funding to repay a large amount of outstanding trade debt, especially the trade debt owed to Cargill International Trading Pte. Ltd. (“Cargill”) in the amount of USD 105 million
necessary acts for the Shares Purchase Transaction and the tender offer for the entire securities of GLOW. 2. The Board of Directors approved the Company to secure a short-term loan (a loan with the term of
and necessary acts for the Shares Purchase Transaction and the tender offer for the entire securities of GLOW. 2. The Board of Directors approved the Company to secure a short-term loan (a loan with the