enhancement for investment analysts and research, as well as securities professionals to build investor confidence and strengthen business competitiveness. The meeting also discussed certain business obstacles
, Belgian company, who is an subsidiary of Vinythai, due to practical difficulties to maintain company operation after the expiration of service agreement provided to it by Solvay SA (the former major
severely affected. The Company is aware of the situation and has been taking actions in an attempt to overcome the difficulties. The Company seeks additional income from other sources to help generate extra
. Increasing household debts and loan rejection rate of financial institutions are the major obstacles. In the past, the strategy of the Company emphasizes the development of large-scale projects focusing mainly
.) To fund the future construction projects. Due to the financial difficulties of company, company could not secure the new backlog. The proceed from capital increase shall allow the company to relieve
projects in the end of Q1–2020 have to slow down because the ongoing outbreak of COVID–19, resulting in obstacles to operations. Therefore, unbilled payables decreased when it compared to the Q4–2019. Other
–19, leading to the obstacles to our operations. Therefore, unbilled payables decreased when it compared to the Q4–2019. -5- Liabilities under financial arrangement agreements (Both the Current portion
detail is as followed: 1.) To repay the short-term liabilities and some portion of account payables of total THB 30 – 40 mn 2.) To fund the future construction projects. Due to the financial difficulties