as the “Transaction”). The loan of USD 40 million is secured by the personal guarantee of the owner of Sakthi Group, Dr. Manickam Mahalingam, and CEO of Sakthi Automotive Group USA, Inc., Mr. Lalit
financial statement in Q2/2018 was 2.6 million baht, a decline by 128.2 million baht or 98.9% from the same period last year. Summary of Statement of Financial Positions Assets As of the period ending 30
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slower rate consistent with economic slowdown. Personal loans still expanded. Meanwhile, loans to business contracted. Commercial banks were tighter in extending loans in line with economic conditions as
Financial Reporting Standard (IFRS). The significant changes are summarized as follows: 2.1 TFRS 9 Financial Instruments The Company reclassified of financial assets and financial liabilities to be consistent
Instruments The Company reclassified of financial assets and financial liabilities to be consistent with the business model and management of the company’s assets and liabilities, based on the facts and
. Demand for other personal loans also decreased. Going forward, financial institutions expect increasing demand for business credit, especially from small and medium sized businesses in construction
return on equity at 7.80% lower than the year 2016 having the return on equity at 13.73%. Asset Management As of 31st December 2017, the Company’s financial position was analyzed from changes in the assets