.) Export sector was impacted from country lock down of the partner countries due to the discontinuance of production chain 3) Government spending and investment shrinkage due to the delay of government

@halcyon.co.th No. CS-2563/003 1 April 2020 Re: Resolution of the Board of Directors’ Meeting to Postpone the 2020 Annual General Meeting of Shareholders and to Approve the Interim Dividend Payment To: Directors

made to such person at a time which is not in accordance with the time periods specified in Clause 20, paragraph one, subclause (3). Clause 24 A mutual fund management company may postpone a redemption

effect on employment and household income; (3) a slow vaccination and vaccine effectiveness which could further delay border re-opening; and (4) 1 Excluding loans classified as Purchased or originated

from the same period of previous year by Baht 261.15 million or 39.57%. The decrease was affected by the outbreak of the coronary virus 2019 or Covid-19, causing customers to delay in work delivery of

Million Baht or 17.20% because of, the delay in customer purchases and current economic conditions. Cost of Sales For financial statement in Quarter 1/2018, the cost of sales was recorded at 12.08 Million

from government are delay and slowdown. Cost of goods sold decreased 1.03% in portion of decreasing revenue. Cost of rental equipment increasing 1.58% nearly from the last year. Selling and Admin

from sales of goods and rendering of services in Q2/2019 was recorded at Baht 548 million, lower 20 % Y-O-Y or Baht 136 million, largely driven by the revenue recognition delay totaling amount approx

Company has decreased Rubber Wood Kiln Dried Sawn Timber in export due to majority of customers in China have requested to delay the shipments because customers are in process of improving environment in

due to no income from Bangna Warehouse. Dividend income from investment in property fund dropped from 7.2 million baht to 3.6 million baht. Commission income declined significantly due to the delay in