Page 15 - Microsoft Word - One-Report-Eng 2024 Final.docx
P. 15

Tycoons Worldwide Group (Thailand) Plc.



                          4.  Property used in business activities
                             4.1 The Company's assets are land, buildings, factories, machines, tools and equipment,
                             Office equipment and vehicles. Core assets of TYCN as at December 31, 2023 – 2024.
                                                                 Proprietary right/  2024  Total  2023 Total
                                            Asset
                                                                 Ownership        Value (MB)   Value (MB)
                              1.  Land and land improvement      Ownership              616.84       530.06
                              2.  Buildings and attached facilities   Ownership         366.83       399.97

                              3.  Machinery and equipment        Ownership            1,477.96      1,399.15
                              4.   Transportation & Vehicle      Ownership               17.82        21.39

                              5.   Furniture and fittings        Ownership                8.84        10.44

                             4.2 Investment Policy in Subsidiaries and Related Companies
                                The Company has formulated an external investment policy in accordance with the group's vision
                         and growth plan, which will enable the group’s Company to have higher operating efficiency or profit,
                         or invest in businesses that creates benefits (Synergy) to increase the Company's competitiveness
                         and lead to the success of the goal to be a leader in the Company's core business industry.
                                Therefore, the Company may consider investing in other sectors. If the business has potential for
                         business growth or it is beneficial to the business of the Company in the group's Company and can
                         generate a good return on investment. The Company will consider the expected risks and returns and
                         the Company's financial position before making an investment decision. The investment must be
                         approved by the Board of Directors' resolution. Board of  Directors or the general meeting of
                         shareholders (If it meets the requirements).

























                                                               13
   10   11   12   13   14   15   16   17   18   19   20