sufficient funds to operate its business and had to cease the production of hot rolled coil, which further resulted in the Company’s liquidity problem and inability to repay a large amount of debt. Through the
Company’s liquidity problem and inability to repay a large amount of debt. Through the years, the Company engaged in several debt restructurings, as in 2010, where the Company entered into an agreement for
mortgage and encumbrances i.e. building structure, machinery, materials equipment and non-used equipment, etc. of Tak Smelting Plant as follows; 1. Date of Transaction : Within August 2019 2. Related parties
construction and equipment installation; the machinery for production line, and for warehouse and finished goods storage. Value of Consideration : 202,325,025.00 Baht in total, which equals to 18,125 Baht per
acquire the property for factory construction and equipment installation; the machinery for production line, and for warehouse and finished goods storage. Value of Consideration : 202,325,025.00 Baht in
service increased by Baht 179.50 million, or 36%. The increases of the cost of sales and service were due to more sales volume; as well as more depreciation caused by the investment in machinery to improve
service increased by Baht 340.04 million, or 50.70%. The increases of the cost of sales and service were due to more sales volume; as well as more depreciation caused by the investment in machinery to
increased by Baht 179.50 million, or 36%. The increases of the cost of sales and service were due to more sales volume; as well as more depreciation caused by the investment in machinery to improve production
to support business expansion and to reduce some of the rental costs. In addition, the company invested in machinery and equipment for a new branch in Jiangsu, China. While current assets decreased by