assets which comprised by contract rights, inventories and fixed assets from UFAS (Thailand) Limited amount of 28.5 million Baht (exclusive of VAT). The objectives of acquisition are decreasing in

services and revenue from contract work. As a result, the gross profit was decreased by THB 23.6 million or 7.9% decreased of gross profit margin when compared to the prior period and also decreased by THB

, collateral requirement and the preparation for readiness to cope with price volatility, etc.; (f) legal risk management, such as by using standard form contract or otherwise there shall be specifying the

marking to market, collateral requirement and the preparation for readiness to cope with price volatility, etc.; (f) legal risk management, such as by using standard form contract or otherwise there shall

general characteristics of the transaction: Vanachai Woodsmith Company Limited (subsidiary) has a rental contract on building of Firstwood Company Limited - located at no. 2/1 Wongsawang Road, Wongsawang

contracts as Subcontractor such BangPa-Kong LNG Terminal Phase 3 project (Design, manufacture, and installation of liquid gas storage tanks) the contract value of 204.12 Million Baht, and Olefins

, due to interest expense of lease contract. 2 Financial position analysis Unit : Million Baht March 31, 2020 December 31, 2019 Increase (Decrease) ร้อยละ Total assets 534.59 340.25 194.34 57.12 Total

Million Baht, accounting for 58.60% from previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract

% (12.59) (7.9%) Current investments 83.07 6.1% 196.37 12.7% 113.3 136.4% Trade & Other receivable 114.24 8.3% 130.87 8.5% 16.63 14.6% Current contract assets 24.58 1.8% 26.11 1.7% 1.53 6.2% Inventory 9.42

Issued and paid-up share capital 1,316.25 1,316.25 - 0.00% Premium on ordinary shares 264.33 264.33 - 0.00% Surplus - warrants 310.00 310.00 - 0.00% Retained earnings (1,824.19) (1,624.52) (199.67) 10.95