will be more flexible than the case that the Company has production plants on separate lands. The above future project is still uncertain and, in the event that the Company has acquired the assets, it
weaker to previously average level. Amongst uncertain situation in many countries, Thailand’s post-election government was formed in June. That was a positive factor to promote the country’s stability in
products such as steel, which is the main raw material in steel. In 2019, the steel price remained fluctuation, uncertain. Therefore, the Company has planned stock procurement to manage the changing of steel
. The project was well received by our customers as the Company expected. However, it came to the Company that quantifying size of economic slowdown from COVID-19 at this stage will be highly uncertain
quarter but may be restrained by vulnerable and highly uncertain household income as well as elevated household debt. These factors are causing customers to be cautious on spending. Moreover, the tourism
situation in Thailand has shown recovery sign and economic activities began to resume, outlook for 2H20 remains uncertain. Potential rise in unemployment, slowdown in export from sluggish global economy and
administrative sanction shall depend upon an uncertain future event; (3) the prescription to act or omit to act by the person subject to the sanction to rectify or prevent repetition of violation or non-compliance
shares to the existing shareholders are uncertain until an approval from the 2020 Annual General Meeting of Shareholders of the Company is granted. The offering price at Baht 0.53 per share is a price
Thailand remained stable. Capital funds and reserves were at a high level and were able to support the challenges of uncertain economic conditions. The performance of the Thai banking system improved, mainly
consumption and impair household debt serviceability and (5) the sluggish investment demand due to uncertain macroeconomic outlook, tightening credit conditions, and the delays in government budget process. For