inevitably affected the Company’s operating revenue. In addition, the Company had invested in renovating its long overdue hotels to enhance competitive edge in the market. Moreover, the economic slowdown and
transaction. The transaction size of Carnival Magic Project, calculated according to the notification of the Capital Market Supervisory Board No. Torjor. 20/2551 Re: Acquisition or Disposition of Assets and the
Intercarabao Limited (“ICUK”), of which the business engages in marketing, sales and distribution of energy drinks under Carabao trademark in the UK market and other countries outside Asia (the “Change of
shall include managing director or equivalent which is called differently; “Market price” means price of equity instrument in securities exchange or price of debt instrument which was offered by Thai Bond
company and shall include managing director or equivalent which is called differently; “Market price” means price of equity instrument in securities exchange or price of debt instrument which was offered by
volume. The sales volume and prices were also severely impacted by continued weakening of international market for flat products. The Company is now gradually regaining its customer back and increasing its
Company Limited Page 2/2 2. Business Outlook While the Company is gradually regaining its market share back post shutdown from February 2019 to April 2019, the current slowdown continues to pose challenges
Pittayachai 4 Co., Ltd. 2. Entering into transactions in item 1 mentioned above is considered as assets acquisition and assets disposal in accordance with the Notification of the Capital Market Supervisory