regard, IFA has not received any evidentiary documentation or sufficient, reasonable commitment to the loan repayment within 15 May 2019 because GSTEL ceased its production and no longer generates
structure, business expansion or production capacity. Such PE investment in newly established business or non-listed company is called venture capital (VC). An investment of PE aims for making profits and
a market price at that time. Later, steel price dropped sharply causing GSTEL and GJS to realize high losses as production cost was high while the products were sold at lower market price. To avoid
evidence to clarify decrease in the production yield. The AIE auditor also expressed a qualified opinion on the statement of the financial position for the year 2015 because of failure to determine whether
economy has moved on a positive trajectory and has followed a similar pattern to the previous quarter of last year. Since the second half of 2017 growth has been driven by the manufacturing sector, which
of Baht 8,792.0 million, increased of Baht 101.1 million. Because the increasing cost of raw material in manufacturing. Financial status Total assets As of 31 December 2019, the company and its
has changed slightly, Particleboard has increased by 19%. 2. Cost of sales Baht 2,392.5 million, increased of Baht 425.5 million. Because the increasing cost of raw material in manufacturing. Financial
structured storage tent having a total storage area of 691 square meters. 4.4 Transaction Objective The acquisition of clean rooms and storage facilities will help add value to our manufacturing facilities as
and Particleboard have increased by 2% and 12% respectively. 2. Cost of sales Baht 2,463.3 million, increased of Baht 480.6 million. Because the increasing cost of raw material in manufacturing
decreased by 1% and Particleboard has increased by 11%. 2. Cost of sales Baht 9,343.7 million, increased of Baht 1,470.4 million. Because the increasing cost of raw material in manufacturing. Financial status