markets, business sector and people. Throughout this year, there will be the regulatory revisions to lessen burden of the private sector. These include reduction of procedures and implementation

. Unfortunately, there are only 3 million PVD members, accounting for 20 percent of the total documented employees in the private sector.* Moreover, only 24 percent of the total PVD members are likely to earn

will support economic growth, enhance long-term business competitiveness as well as offer a fundraising alternative for the private sector and an investment channel for institutional and retail investors

excess of their shareholding on a private placement basis to Mr. Somprasong Panjalak who are not a connected person of the Company, at the offering price of THB 1 per share (the “Private Placement Offering

% YoY and 8% QoQ, since fundamental factors supporting the overall purchasing power remained soft and did not cover all areas, especially in the low income consumers, although overall private consumption

investment grew 4.2% in Q4 versus the same period in 2017 and up 3.9% from Q3. Private-sector investment expenditure on machinery and equipment picked up pace and this industrial expansion is encouraging. The

price). Larger sales volume this year was supported from higher biodiesel mandate and from government special request for private sector to stock crude palm oil and biodiesel. Nonetheless, the company’s

31 December 2019. Net PP&E and leasehold rights increased by THB 2,216 million mainly from consolidation of assets from Siam Bev Manufacturing Co., Ltd. (former named Calpis Osotspa Co., Ltd

both Thailand and abroad temporarily disrupted several economic activities. The tourism sector substantially declined due to Thailand’s inbound travel restriction measures. Manufacturing productions were

products, which can be categorized as follows: • Online sales and Head office pick up • OEM/Food Manufacturing under the Company’s trademark or per customers’ demand Dessert Café Non-Café 2 • Catering