public. In addition, as the disadvantage of double taxation has been eliminated, PE trust will be more advantageous than PE company with more flexibility in repayment of capital. The offering of PE trust
example, an IPO to cornerstone investors must not contain any agreement or contract that would render material benefits specifically to cornerstone investors for the disadvantage of other subscribers. This
the VTE shareholders should not approve such contract transaction due to the project?s uncertainty. In addition, VTE would be at the disadvantage with regard to income of the plant construction payment
business recorded its revenue of Baht 932.6 Million that 1.4% decreased from 2018 or by Baht 12.8 Million. The revenue from export decreased due to disadvantage in price competition from Thai baht
high carefulness, the Transaction will have more advantage to the Company than disadvantage comparing to the present financial status including seeing the opportunity of developing new project in the
significantly from 36 mTHB to 59 mTHB (+ 60%) year on year. On the downside the project-based Golden Lime Engineering subsidiary did not generate significant revenue in Q1 2018, unlike in Q1 2017 when the
. Comment or opinion of the Board of Director The Board of Director had considered with high carefulness, the Transaction will have more advantage to the Company than disadvantage comparing to the present
product group came from the increased sales volumes; while unit sales prices of burnt products remained under considerable pressure compared with the same period last year. On the downside, there was a
develop our people also impacted to the downside. Finally, higher maintenance costs from scheduled kiln overhauls further contributed to the cost increase. We are confident that the reinforcements made in
Company Limited 3 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2020 downside, a weaker and shorter than expected sugar season affected volumes in Q1 and this will be the case in Q2. In