estimating the income and profit and loss of the project in the future including evaluating business risks. Howerver, based on the opinion of financial advisor, Absoluted Advisory Company Limited chose the
profit and loss of the project in the future including evaluating business risks. However, based on the opinion of financial advisor, Absoluted Advisory Company Limited chose the discount cash flow
less than 3% of the Company’s NTA. Evaluating the size of all recent 6 months of the Company and its subsidiaries prior to the Transaction date regarding the Related Party Transaction is equivalent to
. Vienna House has also been evaluating future hotel opportunities that are located not only in new and existing destinations in Europe but also in Asia where a hotel under the Vienna House (Thailand) JV
for the year 2018 represented 8.1% of revenue from sales, increased from last year Baht 6.27 million or 5.3%. The change was increasing in staff costs due to hire more staff to support business
of the previous year due to the Company needed funds to support project, therefore, increased external borrowing and overdraft with a relatively high interest rate. - At the end of the year of 2019
technologies that is rapidly changing. The Company has received good financial support from various financial institutions and able to pay interest and repay principal on time. In addition, the Company will try
loan to support working capital, especially in additional accounts receivable, including imported raw material, and increase in long term loan for fixed assets acquisition. Since there was dividend
its overseas subsidiaries’ operation as well as continuing marketing and managing expense to support existing customers despite of reduced in sales growth as compared. 4. Financial Cost For the third
Vinythai accept services support for the year 2018 from Asahi Glass Co.,Ltd (Japan), a connected person of Vinythai, is not exceeding of Baht 46,892,000 Details of services are provided in Attachment 1