relevant authorities, and perform any other actions necessary and appropriate as required by the laws. The details of such transaction appear in the enclosed Information Memorandum on the Asset Disposal
financial costs to be appropriate for business operation in the future. Furthermore, the financial policy of the Company is carefully implemented, the liquidity is sufficient and the confidence in the
from minority shareholders of the subsidiary. The appropriate of capital structure The debt to equity ratio as at 30 June 2019 was 2.30:1, decreased from the debt-to-equity ratio as at 31 December 2018
direction primarily by considering the balance of three dimensions – economy, society and environment – under good corporate governance, appropriate risk management and effective cost management. At the same
unanimously considered and approved the investment of 65.72% in the ordinary shares of Avgol Industries 1953 Ltd. as appropriate and beneficial to the Company as stated in clause 7 above. 10. Opinion of the
profit for Q1’ 2018. 6 The appropriate of capital structure The Group’s debt to equity ratio as at 31 March 2018 is 1.9:1, which is closed to the debt to equity ratio as at 31 December 2017 at rate of 2.0
to determine the terms and conditions and other details as necessary for and in connection with the issuance and offering of newly issued shares as it deems appropriate, including but not limited to
appropriate gross profit margin. Engineering service business Revenue from engineering service increased by Baht 65.91 million, it increased from Baht 261.28 million to Baht 327.18 million or increased 25% due
placement. 8. Opinion of the Company’s Board of Directors regarding the entering into the transaction The Board of Directors has the opinion that such transaction is appropriate and beneficial to Company and
Directors has the opinion that such transaction is appropriate and beneficial to Company and its subsidiary by bringing the positive performance reflect in consolidated financial statements, business