subsidiary namely VGI Global Media (Malaysia) Sdn Bhd (“VGM”), a purely international operation, to provide an OOH media advertising services in Malaysia. In January 2018, VGM has expanded further into
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
: (1) In the case of a closed-end fund: (a) When calculating and announcing net asset values, the values shall be rounded to 2 decimal digits according to international rules; and (b) When calculating
in debt to the Company according to the purchase agreement to manage broadcasting time, in which the debtor is unable to comply with the contract. The Company filed a lawsuit to the debtor at Thonburi
., Ltd (“ECC”) which engages in the food and beverage catering business. At present, ECC provides its services to international schools in South East Asia region. Initially, the Company invested 51% in ECC
volume. The sales volume and prices were also severely impacted by continued weakening of international market for flat products. The Company is now gradually regaining its customer back and increasing its
only 2.4 percent, recorded as the lowest GDP growth among 5 years since 2014. (Source: Siam Commercial Bank). Additionally, The World GDP of 2019 expanded at 2.4 percent. (Source: International Monetary
1,674.44 million and THB 1,249.63 million respectively, slipping significantly at a rate of 25.37%. The slump in international sales revenue is still accountable for the decrease in sales revenue as
is accepted by both domestic and international markets as a standard manufacturer of instant products. The investment rationale aligns with the company’s long-term business strategy to diversify its