million from the ended 31 December 2016, mainly from increased of short term loan from Packing Credit and Trade on Demand, Trade payable increased from purchase inventory to support OEM project and Trading
million from Baht 876 million as at 31 December 2018 to Baht 835 million as at 31 Match 2019. It was mainly because the repayment of short-term loans especially in Packing Credit. In addition, trade payable
liabilities decreased by Baht 29 million from Baht 876 million as at 31 December 2018 to Baht 847 million as at 30 June 2019. It was mainly because the repayment of short-term loans especially in Packing Credit
especially in Packing Credit and Bill of Exchange. However, trade payable increased from the purchase inventory to support OEM projects. Shareholders’ Equity As at 30 June 2018, shareholders’ equity was Baht
be the Joint Venture with newly established in India. The Company will invest in the Joint Venture for 45% of the registered capital of INR 100 million. Representing an investment of INR 45 million
capital. Transactions details are described as follow : 1) Date of transaction occurs: 28 February 2019 2) The parties involved : Buyer Excellent Rubber Co., Ltd. [ERC] Buyer Advantage Footwear Co.,Ltd
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