allowance for inventories declining value of Baht 32 million, resulted from the Company’s new accounting policy of setting allowance for inventories declining value from recording expired product in full cost
uncertain information to the Company’s shareholders and general investors. The Company disclosed the information on entering into the disposal of all investments in NML on the date on which the Company and
to 39.52 percent per the Company’ s financial statements reviewed by the auditor for the six- month period ended June 30, 2019, which is equal to 15.00 percent or higher, but lower than 50.00 percent
exemption for corporate income tax under the BOI privileges, therefore, the dividend is not subject to withholding tax in Thailand, in which the dividend payment will be subject to shareholder approval. The
Company’s operation, death or disability or incompetency or other cases as determined by the Board of Directors and/or the person(s) entrusted by the Board of Directors, such persons or their heir, guardian
emphasize on growing market share to become the leading brand in Thailand by stressing importance on effectiveness of corporate communication on both media advertising and promotional spending, as well as
Company’s disposal of preference shares of Origin Grand Co., Ltd. (“Origin Grand”) (after Origin Grand completed the increase of its registered capital from 1,000,000 Baht to 1,900,000 Baht), amounting to
”), a major shareholder of the Company holding 94.97% of the Company’s total issued shares. Therefore, this transaction is considered a connected transaction pursuant to the Notification of the Capital
the THB that affected the value of the Company’s overseas assets. • Net debt to equity ratio as of 31 December 2019 stood at 0.48x, an improvement from 0.55x in 31 December 2018. SIGNIFICANT EVENTS