be a time consuming process. In addition, the enforcement of the pledge of IFECTP’s shares is uncertain whether there will be sufficient funds to repay all outstanding loans due to the fact that IFECTP
benefits for all stakeholders. The company has a policy to manage costs and resources of the company to maximize efficiency, including managing cash flow sufficient for business operations in the current
performance and sufficient for business continuity. The Explanation and Analysis Report of the Financial Positions and Result of Business Operations for 3 months ending on 30 June 2020 audited by the CPA 1. The
operation in the future. In addition, the financial policy of the Company is carefully implemented. The Company is financially stable with sufficient liquidity and strives to build confidence in the
still able to maintain sufficient working capital to operate the business. 8. Director having interest in the transaction Mr.Kongsak Hemmontharop (Vice Board Chairman of Panjawattana Plastic Public
company will still able to maintain sufficient working capital to operate the business. 8. Director having interest in the transaction Mr.Kongsak Hemmontharop (Vice Board Chairman of Panjawattana Plastic
-term loan and interest receivable - 9.00 39.43 Other current assets 110.73 68.86 65.19 Total current assets 166.87 181.65 306.07 Unit: Million Baht 2017 2018 2019 Non-current assets Long-term deposit at
interest receivable - 9.00 39.43 Other current assets 110.73 68.86 65.19 Total current assets 166.87 181.65 306.07 Unit: Million Baht 2017 2018 2019 Non-current assets Long-term deposit at financial
to a merger. We also acquired a new customer with substantial renewable user licenses. Both clients have signed long term contracts. Therefore, our company is confident our recurring incomes will
financial stability and liquidity must be sufficient in order to build confidence in the performance of the Company. The details are as follows: 1. In spite of economic fluctuation, high domestic household