the 2020 economy will decrease from -5.3% to - 8.1%, causing overall market uncertainty. The Company has adapted to support the situation by considering investing in the educational loan business. Under

, the Company has strong financial position among of the domestic economic uncertainty. The total assets increased 3,222.72 million baht or 6.78%. The net of total hire purchase loans increased 3,195.18

The fast changing situation and high uncertainty due to external factors, especially the Covid-19 pandemic and digital disruption, affect several sectors, which in turn influences developmental

) Environmental uncertainty (Cormier al, et, 2013) Personal aims of the managers, i.e. conservative or aggressive (Rodrigues & Esteban, 2012) Economic/Financial crisis (Latridis & Dimitras, 2013; Trombetta

insensitive of interest rate fluctuations. Additionally, inflation uncertainty during a few weeks or months is negligible.* *Bodie, Kane and Marcus (2005) Data & Methodology MM exceeds Equity Balance (18,200

volume. In 1H17, the Company had selling expenses in the amount of Baht 36.21 million which decreased by Baht 1.01 million or 2.71% when compared with 1H16. This decrease was due to a decrease in travel

expenses in 2Q18 were in the amount of Baht 32.08 million – a decrease by Baht 5.80 million or 15.31% as compared to 2Q17. The main reasons stemmed from a decrease in travel expenses and stock destruction

. Khachornsakdi Vanaratseath Transaction 6 1. Transaction Date: January 1, 2019 onwards Parties involved: Payee : Far East Fame Line DDB Plc. (FE) ), holding 3.93% shares of Pinnacle Travel Co., Ltd. Payer

areas with a high risk of COVID-19 transmission and limiting travel. Moreover, the government has introduced various stimulus measures and programs to boost spending, such as Co-Pay, the ‘Let’s Travel

2204 2616 2. Acquisition of 67,106 ordinary shares in Hero Experience from Travel Channel Agency Co., Ltd., equivalent to 2.5 percent of the registered capital of Hero Experience, at the price per share