committees and/or delegated person to disposition of the common shares held in Prinda Public Company Limited (“PRINDA”), which is manufacturing, trading and transporting of brick, stone and sand for
the rest of the year. In general, fixed costs will reduce due to Covid-19 restrictions on travel and mitigation plans in place for fixed cost savings in all departments. On the variable cost side stone
Golden Lime. Third, we closed the transaction to acquire a 99.79% majority stake in Thai Marble Corp., Ltd. (TMC), an ornamental stone and limestone business in Saraburi Province, that is of high strategic
various costs and expenses, and found that it was worthwhile to rent the mentioned area. In order that the subsidiary would proceed to build the new factory, they require a large amount of investment fund
worthwhile to rent the mentioned assets. For the period that the creditor (the purchaser) let the subsidiary to rent starting from 18 June 2020 to 30 September 2021. However, not less than 6 months before the
because upon review of the rent, it is more worthwhile than acquisition, and such rent is deductible expenses, without any burden in terms of repair and maintenance, as well as insurance, license plate
operation. The subsidiary has Enclosure considered the rental conditions, the rental price including the ability to control various costs and expenses, and found that it was worthwhile to rent the mentioned
including the ability to control various costs and expenses, and found that it was worthwhile to rent the mentioned assets. For the period that the creditor (the purchaser) let the Enclosure subsidiary to
worthwhile returns for its shareholders. This year, MACO will change its fiscal year from January to December to April to March. Therefore, the company’s target guidance for the next fiscal year will be
are likely to continuously reduce while the Company has to bear for the costs, which would result in such business being at a loss. Therefore, the Company foresees that it is not worthwhile to continue