increase is considerably high and it is likely that the existing shareholders may not exercise their rights in full, which will result in the Company being unable to obtain enough funding as expected. The
obtain enough funding as expected. The objectives of the issuance of the newly issued ordinary shares to the existing shareholders pro rata to their shareholdings (Rights Offering) are to utilize the
caused us a longer than expected lead time to initiate, go through their approval process and list our products to the shelves based on their conditions. Even though our sales volume of energy drinks under
high bargaining power of reputable modern trade operators. These altogether caused us a longer than expected lead time to initiate, go through their approval process and list our products to the shelves
Commercial Operation Date Within Quarter 1/2019 Expected Capital Expenditure THB 40-60 mn Project Risk HSMC is exposed to the foreign exchange rate movement due to the revenue is denominated in USD Expected
day. Capacity (m3/day) 2,000-2,200 m3/day Construction Period Within Quarter 4/2018 Scheduled Commercial Operation Date Within Quarter 1/2019 Expected Capital Expenditure THB 40-60 mn Project Risk HSMC
-value customers, causing the drop in acquisition rate. The growth is expected to gradually improve with long-term targets maintained. On the other hand, existing customers showed a continuing ARPU uplift
products suitable for Thai consumers in Thailand. In general, the personal care business has a higher profitability than the beverage business. Therefore, the new business is expected to improve the
brand that is unique Thai heritage combined with international standards, the Company has focused more on the hotel management revenue to support the expected drop of hotel revenue from the closure of