project which accumulated account for 24.6 % of the project value. • Revenue from hotel operations decreased by 246 THB mm or representing a decrease rate of 88%, a result of the global outbreak of the

Baht 30-Sep-19 31-Dec-18 Total Assets 28,635 30,632 Total Liabilities 19,001 20,532 Total Equity (911) 172 Minority 10,545 9,928 Gr ou p HR C Gr ou p Management Discussion and Analysis Quarter 3 Ending

lower long term borrowing from debt repayment and lower spectrum payable and lease liability. Interest-bearing debt stood at Bt116,749mn, decreasing by -8.2%. Total equity was at Bt88,278mn, decreasing

accounting policy will have impact on the assets, liabilities and shareholders’ equity of the Company’s group as follows: Impacted Items to the Companies Group Estimated as at 30 December 2017 Cost Basis

, the company’s financial position remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 4 Operating

financial liquidity. In addition, the Company will repay debt to account payables and debts burden which would help reduce the interest burden of the Company. 4. Description of asset to be disposed of Details

allows the Company to have cash flow to be used as working capital, which would increase the Company’s financial liquidity. In addition, the Company will repay debt to account payables and debts burden

information memorandum regarding the acquisition of the company's assets as specified in account 2 in accordance with the Notification of the Capital Market Subsidiary Board No.Torchor20/2551 Re: Rules on

for sales under development of 12,347 million Baht, Account Receivable of 80 million Baht, Inventory of 216 million Baht, building improvement, sales gallery, and equipment of 3,515 million Baht

: million Baht 31 December 2019 31 December 2018 F in a n ci a l S ta tu s Total Liabilities 2,194 5,607 Total Asset 15,488 18,824 Total Equity 13,294 13,217 The Company posted an Operating EBITDA loss of THB