Seller Group under the laws of Cayman Islands ( "Target Company" ) . In addition, the Purchaser may repay certain loans owed to financial institutions by the Target Group Hotels and Resorts as a result of
outstanding trade debt, especially the trade debt owed to Cargill International Trading Pte. Ltd. (“Cargill”) in the amount of USD 105 million, which is an exceptionally high amount of debt, and is currently
to secure adequate funding to repay a large amount of outstanding trade debt, especially the trade debt owed to Cargill International Trading Pte. Ltd. (“Cargill”) in the amount of USD 105 million
from Media Agency Thai Co., Ltd. All indebtedness and liabilities of Media Agency Thai Co., Ltd. (“MAT”) owed to the Company under the Broadcasting Right Purchase Agreement between the Company and MAT
customers, has been pressured by high household debt. Therefore, spending expenses are carefully controlled. Notwithstanding, the entrepreneurs in retail industry have to adjust themselves to increase the
expenses For the year end of 2019, the management benefit was 14.38 million baht compare to 15.90 million baht, decrease by 1.52 million or 9.56% decreased because the company had adjust the organization to
15.90 million baht compare to 17.04 million baht, decrease by 1.14 million or 6.69% decreased because the company had adjust the organization to be more compact and more cost saving. 6. Financial cost For
benefit expenses For Quarter1 of the year 2019, the management benefit was 3.21 million baht compare to 4.35 million baht, decrease by 1.14 million or 26.21% decreased because the company had adjust the
suppliers. The plant now has been completed but still in the process of mechanical testing and improving the treatment formula. For the RDF facility in the second quarter, the Company has started to adjust