competition in market has trended to more intense which both existent competitors and new competitors have competed continually by using the strategy in several dimensions for snatching the market share. The
also embarked on a journey to make the organization ready for the future. Initiatives in this regard include the recent strengthening of the management team with the recruitment of the Chief Strategy
recruitment of the Chief Strategy Officer and Chief HR Officer, steps being taken to implement digitization programs and standardization of an ERP system. Growing demand for the 100% recyclable PET is also
facility is currently under normalisation. This follows acquisitions of M&G Fibras in Brazil and UTT (Airbag fabric in EU and Mexico) in 1Q19, thus strengthening our strategy of domestic supplies to global
% Inventories 9,461 7,684 7,297 23.1% 29.7% Investments in associated 536 593 0 (9.5%) N/A Consolidation goodwill 438 450 307 (2.5%) 42.9% Property, plant and equipment 8,177 7,302 5,966 12.0% 37.1% Other assets
Holding Company investing in retail business such as mobile phone distribution and accessories, non-performing debt management, real estate development, hire purchase (associated company), personal loan
11,558 10,468 (15.7%) (7.0%) Inventories 8,964 9,461 7,684 (5.3%) 16.7% Investments in associated 464 536 593 (13.4%) (21.7%) Consolidation goodwill 418 438 450 (4.7%) (7.1%) Property, plant and equipment
Company made a further step to complete our strategy to create nationwide media coverage by acquiring COMASS. With more than 19 years’ experience in outdoor media, COMASS is one of the leading outdoor media
previously mentioned. Capital Structure Net interest-bearing debt to equity stood at 0.31x At the initial stage of Singha Estate and with the strategy to grow its business via M&A, short-term debts, i.e
equity stood at 0.40x At the initial stage of Singha Estate and with the strategy to grow its business via M&A, short-term debts, i.e. collateral-free bridging loans, are designated sources of funds