such as rubber and palm, weighed on household purchasing power. In response, the government approved Baht 84.2 billion in December to help support domestic spending. At the same time, private investment

and support as well as strategic positioning of the Company or the group of companies in relation to the business group of the majority shareholder. If the business structures of the Company or the

Operations 27 4.5 Capital Requirements 27 4.6 Credit Ratings 29 5. Operations of Support Groups 31 5.1 Human Resource Management 31 5.2 IT Management 32 1 1. Overview of Operating Environment 1.1 Global and

31 December 2017. The Company needs to use such financial statements in support of the evaluation of the fair value of S-TREK shares and has determined the result of the special audit in satisfaction

of S-TREK, ended 31 December 2017. The Company needs to use such financial statements in support of the evaluation of the fair value of S-TREK shares and has determined the result of the special audit

million baht or 17. 01% . The increase was due to additional of borrowing to support hire purchase loan expansion and maintained the company interest spread. For the provision expenses for the fourth

up of Allowance for Doubtful accounts and loss from investments which increased by 112.24 million Baht from last year and the increase in sales and administration cost to support the expansion of

itself and its overseas subsidiaries as well as marketing and managing expense to support existing customers. 4. Financial Cost For the year 2019, the company had financial cost of USD 29.27 million (or

Iconic Property Company Limited. 3. General Transection : To provide the financial support based on shareholding proportion by providing the loans of Baht 1.50 million increased from Baht 54.00 million to

76.06%. The decrease was due to closely monitor the debt collections and the better ability to pay of receivable accounts which support the better of overall quality account receivables. As of the end of