. In addition, it is also due to the increase in new media which has resulted in the allocation of advertising spending to various media and economic slowdown which has affected the spending of

relating to the joint venture project and/or proceed with any necessary arrangements relating to the joint venture project, commencing from execution of contract, memorandum of agreement, and various

Payment Payment by machine list. Reasonableness of entering into the transaction The seller will supply the machinery and equipment to various companies in Hanoi (in China), the affiliated companies of the

Payment Payment by machine list. Source of investment funds Working capital Reasonableness of entering into the transaction The seller will supply the machinery and equipment to various companies in Hanoi

. Source of investment funds Working capital Reasonableness of entering into the transaction The seller will supply the machinery and equipment to various companies in and Hwa Fong Rubber (China) Co., Ltd

transaction is linked to purchasing or disposing assets. Based on the calculations under various criteria with any highest value from any criteria and based on the Company’s financial statement as of September

for the nation. Money from various budgets has been pulled back to help those who are affected by the outbreak. Entrepreneurs stop operating, resulting in lost sales target. For the first quarter of

slowdown due to the current outbreak of the Coronavirus Disease 2019 (“COVID-19”) affects businesses in all sectors, such as causing the recession, investment delay, various construction projects have

include a movie theater, bowling and ice skating In Thailand to operate after the company has cooperated with the government both domestic and abroad by temporarily shutting down various businesses of the

various projects. It is the main reason that this quarter have a significant decrease in income. 2. Financial status Significant financial ratios in the 2nd quarter ended 30 June Description Unit 2020 2019