decreased 48% but there are cost of free sheets of related parties of Baht 2.6 million. Selling and administrative expenses increased 254% since the Group recognised provision for doubtful accounts from
conditions due to short PET supply by peers’ actions in order to restructure weak balance sheets. Additionally certain planned turnarounds at IVL in 2Q17 are back in operations since June 17 and are ready to
1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...
since GSTEL is currently in the process of debt restructuring and seeking funds from external source with aim to enhance its balance sheets and improve their financial strength. Thus, the financial
compared to the same period of a year earlier, the main reason is the increasing in sales of stainless steel sheets, coil and pipe. The average selling price has risen from the previous year, in line with
. Higher sales came from stainless steel sheets, coils and automotive exhaust pipes. In general, the demand for stainless steel has increased as a result of the well recovery of the domestic economy by the
are translated at the average rate for the quarter, (for their respective currencies). The Balance sheets of the offshore companies were translated at the closing rate of Baht/USD 33.98 at 30/06/17, and
aim to enhance its balance sheets and improve their financial strength, the Company intends to extend the loan tenor from September 30, 2017 to November 15, 2017. This financial support is deemed as