period of time and had a favorable track record, these subsidiaries would seek financial directly from financial institutions. They would be less dependent on their parent company. This would help MK Group
favorable EBITDA stemmed from not only the revenue growth but also the effective cost control as mentioned above. Financing Cost The financing cost increased from merely THB 0.3 million to the amount of THB
beginning. After the subsidiaries operated for a period of time and had a favorable track record, these subsidiaries would seek financial directly from financial institutions. They would be less dependent on
liquidity suggesting incumbent shareholders can exit on more favorable terms. • Mixed payment terms are used with warrant issues pending are used suggesting in- coming firms also carry valuation risk
in submitting inquiries and expressing beneficial opinions in a meeting, to the best of their abilities; senior management shall not serve as full-time employees at other organizations, and shall
matters is encouraged. rd - 20 - Observations Associated risks Recommendations 6. Monitoring The favorable monitoring process will provide the firm with reasonable assurance that the policies and procedures
. Sources of Funding Internal Working Capital 7. The Board of Directors regarding the transaction. The Board of Directors of WORLD considered and viewed that this transaction is reasonable and beneficial to
transaction is an appropriate and beneficial to the Company on a long- term basis, and no disagreement to the Company’s Board of Directors has been raised by the Company’s directors and/or the audit committee
of sustainable growth in Thailand. Importantly, green investments are not only beneficial for the environment, but they also impact bottom lines positively in the medium to long term. Equally critical
honesty and integrity based on their career records, as well as having skills and experiences which are beneficial to the business operation; (4) being able to show the readiness of its work system and