. This was considered an obstacle for distribution channels of the Company’s customers as they had to postpone their purchase orders of the Company’s products. Moreover, During the year, Thailand tourism

and loss from shrinkage and obsolescence. In addition, land and building tax declined due to 90% tax subsidy from government’s relief program as well as declining of loss from foreign exchange. 7

Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE GOVERNANCE TO A HIGHER LEVEL 2011 This work is published on the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the Organisation or of the governments of its member countries. This document and any m...

. (i) For NPLs, our clients have less ability to repay. In order to limit and forecast the impact, the Company has launched relief measures to support the COVID- hit debtors. ( ii) As for NPAs, the

sector, with manufacturing and industrial sectors suffering a sharp contraction. In order to mitigate the economic impact, the Government and other institutions have introduced relief measures to help

several relief measures being rolled out by the government. Since the beginning of the outbreak, the Company has committed to support and operate in compliance with the government’s measures and orders

of household debt. On the other hand, public spending and investment continued to grow due to government’s relief measure through cash injection for people and businesses. As of August 31, 2020, the

competition which is the obstacle for raw material import, therefore the import materials would be high price, the Company is in feasibility study for new good trend business. Enclosure 9. Conditions for the

dispute area is the obstacle to the land development. The company will have to wait until the Supreme Court provides the judgement and it is not possible to conclude how long it will take. 2) If the company

, since steel business at present could not earned much profit due to tax competition which is the obstacle for raw material import, therefore the import materials would be high price, the Company is in