, the SEC adopted an online communication channel for the first time when organizing an educational event for stakeholders via Facebook Live, and issued relief measures to mitigate impacts of the COVID-19
SEC Secretary-General Ruenvadee Suwanmongkol said that the relief measure for issuers of all types of securities applies to the annual registration statement fee (annual fee) that is due in 2020
listed companies during the crisis and mitigate potential impacts on business operation. The two accounting guidelines approved by APSC on 16 April 2020 are: (1) the Temporary Relief Measures for
’ burden by reducing minimum payment for credit card and personal loan as well as providing a grace period and relief program in the first quarter of 2020. Moreover, the Company adopted a more cautious in
downsized business and continued pursuing debt collection respectively. However, the Company has been expanding more online service channels to customers and reduced the Company’s operation cost. As a result
and until there is clear relaxation policy. However, Absolute Yoga has introduced an online exercise classes “Absolute Anytime” during the pandemic and started renting and trading bicycles and exercise
several relief measures being rolled out by the government. Since the beginning of the outbreak, the Company has committed to support and operate in compliance with the government’s measures and orders
of household debt. On the other hand, public spending and investment continued to grow due to government’s relief measure through cash injection for people and businesses. As of August 31, 2020, the
70.00 million Baht from sale of assets that the Company can further utilize as debt repaymentfor repayment of certain amount of commercial debts of the Company, which will relief risks from litigation to