Baht, Marketing consultation of 2.78 million Baht to expand customer base and increased financial fees of 3.2 million Baht Financing costs The company’s financial costs for the year ended December 31

expand its work in the areas of expertise and consider what best in returns of all stakeholders. Sincerely Yours, Mr.Thakoon Boonparn Managing Director

68.56 Million or 12.59% due to rubber glove customers expand production line, demand on using glove increases by Corona Virus 2019 (COVID-19) and demand on packaging increases by foods delivery. - Cost of

1,111.09 Million Baht in 2018 to 1,076.93 Million Baht in 2019 a decreased of 34.16 Million Baht or 3.07% due to even through rubber glove industry expand production line but frozen foods, canning have not

System (“OFAM”). In addition, the amendment would expand channels for announcement of dividend payment such as websites of asset management companies.    The paperless https://www.sec.or.th/EN/Pages

than that in Thailand around 20%-25%. Thus, the Company could expand and increase the percentage of market in India, and profit margins for competing competitive products. However, in the past 2-3 years

production in India is lower than that in Thailand around 20-25 percent. Thus, the Company could expand and increase the percentage of market in India, and profit margins for competing competitive products

was approved for investing in new business and expand current business which will, by no means, disrupt GLOCON’s cash flow. 5 Opinion of the Board of Directors 1. The acquisition of dried fruit business

the lockdown is lifted and get aligned to normalization and continue to retain its market share as explained in the rationale section and thus continue to promote IVL’s strategy in Home & Apparel

middle-to-low income population. Nevertheless, the Company still continuously increases services on Boonterm kiosk and expands to new businesses in order to increase the number of customers and expand the