Company. Enclosure For the Company’s business operation, since steel business at present could not earned much profit due to tax competition which is the obstacle for raw material import, therefore the
transaction Due to the policy decisions by the former management of the Company last year 2014 that allowed Spring26 to engage in the auction of digital television system, it was aimed to present the
stipulate conditions after receiving approval from the Extraordinary General Meeting of Shareholders. At present, the Company is in process of negotiating with a person who is expected to be a buyer and no
the Restructuring, including subsidiaries in five foreign countries and subsidiaries engaged in businesses such as hotels and property management. We present the result of operation for such
impacting the Group’s financial position, operating results, and cash flows at present, and is expected to do so in the future. However, the impact cannot be reasonably estimated at this stage. The Group’s
, commercial business and other businesses. Hospitality Business At present, all hospitality business of the Company was under the management of SHR, the Company’s subsidiary. SHR became listed on Stock Exchange
respectively, the net profit of the present year decreased by 39.4 percent. 1.7 Share of income from investment in associate In April 2009, the Company invested in the ordinary shares of Mory Lohakit (Thailand
and is significantly impacting the Group’s financial position, operating results, and cash flows at present, and is expected to do so in the future. However, the impact cannot be reasonably estimated at
other businesses. Hospitality Business At present, all hospitality business of the Company was under the management of SHR, the Company’s subsidiary. At the end of 2Q20, the Company’s total hotels reached
investment, and the Company shall, then, seek for investors who are interested in the project. At present, the current management, representing the existing shareholders, has been the operator to find