No. ECF2 044/2561 3 December 2018 Subject: Notification of the resolutions of the Board of Directors’ Meeting approving the investment in purchasing the ordinary shares of S-TREK (Thailand) Co., Ltd., capital increase, and the issuance and allocation of the newly issued ordinary shares to the specific person under the private placement basis, and the schedule for Extraordinary General Meeting No. 1/2019 (Additional) To President The Stock Exchange of Thailand Enclosure 1. Information Memorandum...
additional provision for retirement benefits, in which the total amount recorded in the consolidated financial statements approximately THB 96.8 million to reflect severance payment of 400 days of wages stated
current Labor Protection Act (LPA), with effective in Q2/2019. The key amendment to the LPA was that the law included a new and higher severance entitlement of 400 days’ wages for employees with over 20
. Entrepreneur have been reducing cost in other side such as wages and utilities, by taking measure to temporarily reduce employment and wages. However, price increases are difficult due to decreasing purchasing
employee retirement benefit of THB 8.85 million due to the change of defined benefits plan: increased from a maximum of 300 days of wages to 400 days under the new Labor Protection Act since April 2020
feed, wages, utilities, etc . In this regard, the company has a measure to reduce unnecessary expenses during the start of the temporary closure and postpone projects that require investment in
pay and doctor fee. Selling Expenses The selling expenses for Year 2017 and 2018 were in amounts of Baht 15.03 million and Baht 15.83 million, inclining by 5.4%. The proportion of selling expenses
was the decrease in cash and cash equivalents to pay dividends during the year amount of Baht 45.95 million. As at 31 December 2019, the consolidated liabilities of the Company and its subsidiary
technologies that is rapidly changing. The Company has received good financial support from various financial institutions and able to pay interest and repay principal on time. In addition, the Company will try
52.19 per cent due to subsidiary company “ICF” pay loan repayment to financial institutions. The consolidated financial statements of the group of businesses pose net loss of 3.40 million baht Equity