the two languages, the Thai version shall prevail. The objective of this MD&A is to present the information and the explanation of financial status and operating results as of the date hereof. However
foreign shareholding restriction as specified in the Articles of Association of the Company which, at present, allows foreigners to collectively hold the Company’s shares not exceeding 25 percent of total
tourist arrivals due to the Coronavirus Disease 2019 (COVID-19) outbreak and slowing Chinese economy. Meanwhile, domestic factors include severe droughts and the delay on government budget approval
appropriate as under the present circumstance, it is difficult to proceed with other funding methods and the chance of success is low. In addition, such offering price is the same price as the offering price in
export value equaled to THB 111,540 million mainly from higher export to China since higher demand of chicken meat consumption to substitute lower supply of pork from disease outbreak. Overall chicken
slowdown which could weigh on global trade and investment (2) the Coronavirus outbreak and associated fears that would greatly impact Thai tourism income and related sectors (3) the severe drought that would
underpinned by US trade policies, as well as the continued appreciation of Thai Baht against other currencies in ASEAN. Furthermore, the recent outbreak of coronavirus disease (COVID-19) that was first reported
appreciation of Thai Baht against other currencies in ASEAN. Furthermore, the recent outbreak of coronavirus disease (COVID-19) that was first reported at the end of 2019 has resulted in the repercussions on
Industry In the first quarter of 2021, Thai economy continued to contract when compared to the same period last year, due to the new wave of the COVID-19 outbreak and containment measures strictly