the net trade debts of THB 1,136 million and some portion from the trade creditors agreed to reduce the accrued interests payable during the negotiation period before the completed debt-to-equity
% q-q. In 2019, the Company expanded more service channels to facilitate customers and reduce the Company’s operation cost through our Digital Your Cash Service. This is a new category of our personal
short courses to increase student base and to reduce impact of high competition from lower population under educational age. In 1Q19, EBITDA from education business was THB 23 million, a decrease of 14.8
. Expected benefits to the Company from the asset disposal 7.1 This asset disposal could reduce the debt of the Company, enabling the Company for partial debt repayment to the debenture creditor and enable to
) the decrease in selling and administrative expenses of gourmet food and beverages “DEAN & DELUCA”; regarding that the Company made a great effort to reduce unnecessary costs including marketing expenses
Industry Co., Ltd. Baht 550.00 million Baht 502.90 million 7. Expected benefits to the Company from the asset disposal 7.1 This asset disposal could reduce the debt of the Company, enabling the Company for
value Land and Buildings of Rich Asia Industry Co., Ltd. Baht 550.00 million Baht 502.90 million 7. Expected benefits to the Company from the asset disposal 7.1 This asset disposal could reduce the debt
temperature screening at the office entry Supply the daily healthcare including face masks and alcohol gel Disinfect office spaces on a regular basis I. Cost reduction Negotiate to reduce rental fee with
. Meanwhile, during this time with reduced revenue, the Group has taken immediate and significant measures to control costs such as negotiating with landlords to reduce rental in branches that were not be able
. Management Discussion & Analysis 2022 Meanwhile, employee expenses significantly decreased by THB 48.89 million, caused by the Company’s decision to reduce the accrued bonus to 1-month compared to 3-month in