information and calling of additional shareholders? meetings which is not only costly but also affects plan of the companies in certain cases. The revised CMSB regulations will bring about more efficiency of
will help business operators realize that issuing shares, debentures, or other types of fundraising through the capital market is not too complicated or costly. Rather, it will be alternative fundraising
replace the current regime whereby each license represents a bundle of business undertakings, which proves to be costly to licensees. The revision would allow more flexibility and support future types of
estate development projects but due to the feasibility study of the project, the Company considered that the development of the project on such land is costly and not cost effective. The Company, therefore
institutions in Australia and incurred the unwinding cost in the amount of Baht 3,058.60 million. Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 201" Page 16 6
financial institutions in Australia and incurred the unwinding cost in the amount of Baht 3,058.60 million. 5.3.5 The Company paid for interest expenses in the amount of Baht J,214.39 million. 5.3.6 On May 3
selling and administrative expenses by THB 170 million or 28% due to provision of employee's severance pay corresponding to revision of the Labour Protection Act of GLOW and unwinding costs of FX forward
swap contracts with financial institutions in Australia and incurred the unwinding cost in the amount of Baht 3,058.60 million. 4.3.5 The Company paid for interest expenses in the amount of Baht 1,354.41
business registered a lower EBITDA in 4Q19, as a sharp decline in margins offset an increase in volumes. The margin decline was driven by the unwinding of accumulated inventories in China during the quarter
to the lowest level since August 2017, due to global equity markets continued declining, led by China as ongoing concerns over global trade frictions dampened sentiment. While unwinding position of