compared to previous year. Furthermore, Halcyon Metal Co., Ltd. (HM) has one of its main customers restructuring its business operations and transferring its overseas end customer to HM directly, resulting
capacity to the full capacity level in 2019. 2. Business Outlook on Q3/2018 Management’s Discussion and Analysis (MD&A) For Q2/2018 3 Executive Summary The steel industry in Thailand shrunk in the second
business expansion and the increase of interest rate. Please be informed accordingly Sincerely yours, (Mr. Suriya Poolvoralaks) Executive Director and Managing Director http://www.majordevelopment.co.th
“Company”) would like to notify the Stock Exchange of Thailand regarding the business operation for the 2nd Quarter of the year 2018 ended 30 June 2018 as follows; Total Revenue The Company and subsidiary
Companies Concerning the Connected Transactions B.E.2546 (2003) and this transaction has no business characteristics that may cause the conflict of interest. 3. General Characteristics and Transaction Size
strategic partnership and enhance the synergies between the Company and SGAH in order to grow their business in the global market. The total investment of USD 65 million consists of (1) newly issued ordinary
price appraised by the independent appraisal. 6) Expected Benefits of the Transaction The Company is in need of working capital for its business operation and liquidity supplement, including to resolve
year as compared to the same period of last year. Nonetheless, the Company has continuing in enhance its performance and has shown improvements under its business operation consideration. Please be
company is still positive to see an improving of metal spread comparing to Q4/18. 2. Business Outlook on Q4/2018 Own production Tolling Total Own production Tolling Total HRC Sales (k tons) 226 192 418 182
restructure corporate group’s business. Such transaction does not have any effect to the operation of the company. Name of shareholder Shareholding ratio Tora 1010 Co., Ltd. Pattaya Kabinburi Co., Ltd. Thai