economic front and greater political issues. Therefore, 2020 will be the most difficult and unpredictable year for the Company. For MACO, we expect the Company’s performance to be negatively affected by the
project is currently in the stage of demolishing the office buildings (Olympia building and Thai Life Insurance building) and commercial buildings on the additional land adjacent to Dusit Thani Building
month, totaling Baht 14,400 per month, is deemed to be justifiable in comparison with the market rate in adjacent areas, and remains at the same rate as that under the existing agreement (lease term from
company will be forfeited. The bidding bond still bound with the Provincial Waterworks Authority. Additional management considerations The management has considered that the said land is adjacent to the
adjacent property of WHA Mega Logistics Centre Project (Lamlukka). The Company will, and/or causes WHA Venture Holding Co., Ltd. to, make the payment in consideration that WHA Venture Holding Co., Ltd
and service were difficult due to the weak purchasing power. Since the consumers were price- sensitive, together with a high competition in the market, some entrepreneurs turned to reduce their
against COVID-19 and hope for the globe to pass through this difficult time. ………………………………………………………. Tamonwan Narintavanich (Chief Financial Officer) 1 Asian Development Bank
. Entrepreneur have been reducing cost in other side such as wages and utilities, by taking measure to temporarily reduce employment and wages. However, price increases are difficult due to decreasing purchasing
success of the business depends on the number of customers. The potential of the business is thus difficult to be assessed than projects which have operated or provided services for a while. 10 Table of