Production and Installation machine business. 2. Eureka Design International Pte,.Ltd. (Singapore) , Investment in overseas business. This disposition is considered as the assets disposition transaction of
of exploring and gathering documents and evidence as well as more information from overseas authorities for valuation of overseas investment. The SEC therefore allowed VTE to submit the audited
overseas as well as in Thailand. The revised rules cover guidelines for advertisement and publication, areas of permissible marketing activities in Thailand and instructions of benefits received from
the THB that affected the value of the Company’s overseas assets. • Net debt to equity ratio as of 31 December 2019 stood at 0.48x, an improvement from 0.55x in 31 December 2018. SIGNIFICANT EVENTS
Thai economy in the third quarter was still affected by the prolonged COVID-19 outbreak and the uncertainty of the epidemic situation of the new Omicron strain of COVID-19. In order that, the
Act, B.E. 2535. The DR issuers will be subject to the approval and disclosure rules to be specified later. In addition, the permissible DR must represent a security listed on overseas exchange as well
(NESDB) forecasted Thailand’s economy to expand in the range of 3.50% to 4.50% (Mean 4.00%), lower than the expansion of 4.20% in 2018. A lower projection is mainly resulted from the uncertainty of trade
private consumption and total investment were constantly expanding. However, Thai economy still faces external risk such as U.S. monetary and trade policy and global economic uncertainty. As of August 31
this year, consequently, there was expenses related to the overseas travelling and other administration fees and (4) Decrease in tax and penalties due to the Company incurred tax and penalties provision
well-performing overseas assets. The Hotel industry remains the key revenue driver. Thai goods and services are at a premium due to the appreciation in Thai Baht, reducing the demand especially within