expanding in high potential markets such as through VGI Global Media (Malaysia) Sdn. Bhd. (“VGM”) in Malaysia, Indonesia and setup a subsidiary company in Singapore , in order to build a strong foundation for

33.67 million or 51.69% which consistent with an increases in number of employee in order to support the growth of the business (2) Rise of allowance for doubtful accounts, the Company setup THB 8.85

management project in Khao Mai Kaew, Chonburi. GR and GC were setup to apply for licenses of power plant from the Energy Regulatory Commission (ERC). Both GR and GC is now in the process of appealing to the

., Ltd (GR) and Genco Clean Energy Co., Ltd (GC) were setup to apply for licenses of power plant from the (ERC). Both GR and GC are now in the process of appealing to the office of the Ombudsman Thailand

allowance for doubtful accounts, the Company setup THB 4.03 million for doubtful debts during this period by the simplified approach to consider loss that was resulting from a decrease in time value of money

. (i) For NPLs, our clients have less ability to repay. In order to limit and forecast the impact, the Company has launched relief measures to support the COVID- hit debtors. ( ii) As for NPAs, the

sector, with manufacturing and industrial sectors suffering a sharp contraction. In order to mitigate the economic impact, the Government and other institutions have introduced relief measures to help

several relief measures being rolled out by the government. Since the beginning of the outbreak, the Company has committed to support and operate in compliance with the government’s measures and orders

of household debt. On the other hand, public spending and investment continued to grow due to government’s relief measure through cash injection for people and businesses. As of August 31, 2020, the

Opportunity Given the COVID- 19 outbreak that is widely affecting and continuing, the Company has launched debt moratorium programs to support our debtors. However, although the relief measures would indeed