use the funds received from the increased loan for the business operation of the UE Group Companies only. BTSG is a majority shareholder of the Company, holding 200,086,877,212 shares of the Company as
and conditions stipulated under the Thai Revenue Code for the purpose of tax exemption for such transaction (the “Entire Business Transfer Transaction”). BTSG is a majority shareholder of the Company
been steadily increased in recent years which result to the strict in granting a loan to the borrower from many financial institutions. Majority of the company’ income from real estate business in 2019
by THB 41mm (73%) from the undertaking of larger and longer-duration project size of which majority of the increase is from contract asset which most of the payment term is for the next quarter Cash
71.65 million Baht Remark Not related with majority shareholders, executives of the Company and subsidiaries Debtor 8 Nature of Business Manufacture and trade steel bars and finished steel products
mainly due to the increase in overall sales volume of the exhaust automotive pipes. The majority sales of Company comprised of metal like stainless steel and non-ferrous metal like copper and aluminum
outstanding balance. Overdue - Overdue 91-180 days amount 86.42 million Baht - Overdue 181-365 days amount 156.60 million Baht Remark Not related with majority shareholders, executives of the Company and
as, the epidemic of Covid 19 have severe negative impacts on the economy. There are many industries that have been impacted from this pandemic which most directly are service and tourism industries
economy. There are many industries that have been impacted from this pandemic which most directly are service and tourism industries. Therefore, this results to lower entrepreneurs and workers income
products of the subsidiaries. - Net Loss was 3.62 million Baht decreased from the previous year by 13.71 million Baht or 135.82%. Majority cost increasing was caused from the company has recorded to the