driven by the TFRS 16 – Lease implementation. Company’s financial position was still strong with the D/E ratio including and excluding TFRS 16 – Lease effect of 2.84 and 1.10 times, respectively which it
and sustainable growth and diversify operating risk concentrated in Thailand. 2. The Company expects that the Transaction would create a strong business partnership where synergies could be achieved in
create a strong business partnership where synergies could be achieved in areas such as technical expertise and product variety, which would help the Company to expand into the Republic of India, Portugal
global fund manager signed the memorandum of understanding for investment as the business partner in potential enhancing and unlimit worldwide investment opportunities with the strong expertise in multi
currently in commercial operation, resulting in GLOW having consistent operating results and a strong financial status. The entering into the Shares Purchase Transaction will strengthen the Company’s
expand the Company’s electricity business. 7.2 GLOW’s power plants are currently in commercial operation, resulting in GLOW having consistent operating results and a strong financial status. The entering
quarter of 2018 continued to improve. Export performance remained strong, with 12.3 percent year-on-year expansion. Tourism also continued to perform well despite the end of the high season, as tourist
and businesses with strong growth potential. Demand for loans from SMEs has slowed down and is concentrated in some areas, particularly Bangkok; while in the provinces demand is relatively stable