corporate debentures In October 2018, BGRIM issued senior unsecured and unguaranteed debentures in an amount of Baht 9,700 million with rating A- through private placement offering (the “Debentures”) with

pandemic. The pandemic severely affects both external and domestic demand in tourism, manufacturing, and exporting sectors, as well as softens private consumption indicators. The outbreak also led to

footprint in Vietnam market  On 21 January 2020, MACO, through VGI MACO (Singapore) Private Limited1 (“VGIMS”), announced to expand its footprint into the Vietnam market – a high growth potential country

private consumption and investment. However, economic expansion remains at risk due to higher cost of living, the rising of household debts amid an upward trend of interest rates, the increasing of interest

Shares of the Company via a Private Placement, Partial Sale of VGI Global Media (Malaysia) Sdn. Bhd.’s shares, Issuance and Allocation of Warrants to Purchase Newly Issued Ordinary Shares of VGI Global

of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened

from 2.3% in the second quarter of 2019, mainly driven by expansion of private consumption, government spending and tourism sector. Meanwhile, exports sector continued to contract caused by uncertainty

) A capital increase – issuance and offering 400 million new ordinary shares to institutional investors by way of Private Placement, and b) Issuance of new debts – issuance and offering convertible

capital increase – issuance and offering 400 million new ordinary shares to institutional investors by way of Private Placement, totaling approximately Bt1,664mn, and b) Issuance of new debts – issuance and

the previous quarter. The main supporting factors were the return-to-expansion of export goods, private investment as well as a continual expansion of government expenditure. Meanwhile, the new wave of