judgment. Moreover, the plaintiff and the Company are currently filing the petition to the Supreme Court. At present, the Company has recorded interest expenses for the year 2018 at the rate of 8.50% per

WCIG has submitted a petition for business rehabilitation to the Central Bankruptcy Court on 24 April 2020. Loss margin from beauty service business in Q2/2020 was THB 14 million or decreasing loss by 40

Court of First Instance’s judgment. Moreover, the plaintiff and the Company are currently filing the petition to the Supreme Court. At present, the Company has recorded interest expenses for the year 2018

than the modified decision to be conformed to the Court of First Instance’s judgment. Moreover, the plaintiff and the Company are currently filing the petition to the Supreme Court. At present, the

Court of First Instance and the Supreme Court. Then the defendant filed a petition to suspend the execution on July 26, 2019. The current procedure is in the process of submitting the petition and a copy

right to appeal and petition the judgment or order of the Court except appeals only about his request for the settlement of debt.16 Execution Members of the class have the right to submit a request for

, the Board of Directors meeting approved the submission of the petition requesting for entering into business rehabilitation plan. Later the Central Bankruptcy court accepted the petition for the

conversion. On 13 November 2017, the Board of Directors meeting approved the submission of the petition requesting for entering into business rehabilitation plan. Later the Central Bankruptcy court accepted

witnesses of the Petitioner and the Opposer (The Company submitted a petition for business rehabilitation in the case of Black No. For. 25/2562). The reason that the company did not sell the machinery in

of fixed effects may influence the results. I therefore add industry fixed effects. 16 Third, unlike Barth et al. (1999), I cluster standard errors by firm and year in order to mitigate the effects of