tangible assets in the sectors of real estate and renewable energy. In addition, the Company continuously manages down its OPEX throughout the period to minimize spending

and investment policies and thus to allocate their investment suitable for their risk profiles and needs.  It also provides returns for medium and long-term investments to help minimize risk of

several measures across our business units to minimize the impact on our profitability and maintain financial flexibility. Current business environment 1. Thailand: We temporarily closed our fashion and

merged structure and details for the Company subsidiary’s merger project in Philippines (known as “the Transaction”) which approved by EGM dated August 10, 2017 in consider to minimize potential tax risks

useful. In doing so expenses will be reduced and cash will be generated to invest in new M&A targets. • Further manage down its OPEX to minimize spending. • Continue its quest for new projects within

Company has prohibited all employees including executives from leaving the provincial area since March; • The Company reduced production in March to minimize expenses and control cash flow in accordance

2020. At the end of June 2020, around 80% of our hotels reopened, while the remaining 20% were planning to reopen in the second half of this year. To mitigate negative impacts and minimize effects on the

around 82% but the cost of goods sold of Q4/2019 is down to 77.9% because of the reduction in raw material cost. • Although we have continually conducting cost down projects and minimize the internal

production. This is to utilize the mentioned scrap material and to minimize electricity cost of the group companies that will give benefit to the company, the subsidiaries and the shareholders. Therefore

processed but sufficient for electricity production. This is to utilize the mentioned scrap material and to minimize electricity cost of the group companies that will give benefit to the company, the