founders and major shareholders were all in favor of disposing QI to Continental. This transaction is at arms’ length and after the close, Continental will not have any claims against the Company. Please be
Company had to make this sale for the reason that QI’s founders and major shareholders, who are not related parties to the Company, were all in favor of disposing QI to Continental. This transaction is at
50 founders or parties related to a project in 12 months; (2) any persons in a combined amount of 20 million baht in 12 months; or (3) institutional investors, venture capital enterprises, private
Company (or “MDP”) Transaction Date Within 30 June 2020 (in the process of confirming transaction date) Investment Party Mr. Thomas Frakes and Mrs. Cynthia Frakes are American investors and founders of MDP
service income 129.27 98.34 117.35 98.66 3. Other income (*) 2.18 1.66 1.59 1.34 Total Revenues 131.45 100.00 118.94 100.00 Remark; (* ) Other income consist of supporting money from software developers
254.34 100.00 234.11 100.00 Remark; ( * ) Other income consist of supporting money from software developers, gain from exchange rate, interest income, gain from sale of fixed assets and gain on investment
Total Revenues 380.51 100.00 349.22 100.00 Remark; (* ) Other income consist of supporting money from software developers, interest income, gain from sale of fixed assets and gain on investment etc. T.662
decreased 18.58 million baht. Due to the crisis of the COVID-19 epidemic causing real estate developers to delay investment in new projects. In addition, financial institutions are strict in lending to
6 months of this year. This caused most developers to delay launching new housing projects as well as speed up the sale of housing inventory. Unavoidably, these created price competitiveness among the
the process of confirming transaction date) Investment Party Mr. Thomas Frakes and Mrs. Cynthia Frakes are American investors and founders of MDP, a company that manufactures and sells PCD and PCBN