1.21 times due to higher sales. The collection period decreased from 82 days to 75 days. For a debtor with debt problem, the Company has set aside allowance for doubtful accounts. Inventory turnover
, Act BE 2535. As a result, IFEC has been delayed in resolving the problem and cannot return to normal business operations. 28/10/2021 The Civil Court delivered the Appeal Court judgment amending the
problem of inadequate retirement savings in Thai society. SEC would like the PVD to sustainably grow, which needs the collaboration among sectors, including the PVD members, who are employees in
services to its customers by preparing and submitting a correction plan for maintenance of NC within 30 days and resolving such problem within 90 days, during which periods customers and stability of the
should be treated well, in particular their financial wellness. Currently, employee savings remain modest as many of them have no saving or save with a little money while facing problem with their level
ordered the company to solve this problem. Later on, although the company had restructured its board of directors, the compliance unit still filed report to Mr. Kultavarakorn, who at that time held
Company Limited ("IFEC"), acquired the knowledge from the Board of Directors Meetings No. 11/2016, held on 1 November 2016, that IFEC faced a problem with insufficient cash flow to pay off its
in the market. Broadly speaking, the Thai economy in 2017 may grow around 3.4 percent. In addition to government spending and investment – the main contributors to the Thai economic revival, we should
of 2016. Looking ahead into the final quarter of this year, loans are set to maintain growth. Business loans, in particular, are expected to receive a boost from revival in economic activity and the
. 0107536001133 6) Expected Benefits of the Transaction The Company is in need of working capital for its business operation and liquidity supplement, including to resolve the debt problem of the Company. The