Q2/2019 included expenses from subsidiary company for the six-month while the same period previous year included only three-month expenses starting from April 2018-June 2018) and 2) last year’s the

virus, comprising with the government’s measures such as closed the risk-prone areas, no activity in crowded places and imposed the curfew from 10 p.m. to 4 a.m. starting from April 3, 2020 until present

Thai Financial Reporting Standards No. 16 re: Lease Agreement for the first time adoption (“TFRS 16”) starting from 1 January 2020, using the cumulative catch-up approach without retroactively adjusting

and starting petrol kiosk business. 6 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis the Bt400-600mn lending amount (with 12-36 months installment contract

Agents (MAs), sub-agents, MAs’ employees, and FSMART affiliated companies’ employees. • Expanding distribution business to mom-and-pop shops and starting petrol kiosk business. 6 Forth Smart Service Public

, 14 Mega Home stores and 6 HomePro stores in Malaysia. Starting 1 January 2020 onward, the Company has adopted TFRS 16 Leases, using the modified retrospective method of adoption under which the

with a minimum guarantee of THB 175mn per quarter starting in July 2020. o On 11 August 2020, MACO’s Board of Directors approved the adjustment of minimum guarantee under the aforementioned Agreement for

for Boonterm kiosk’s Master Agents (MAs), sub-agents, MAs’ employees, and FSMART affiliated companies’ employees.  Expanding distribution business to mom-and-pop shops and starting petrol kiosk

ownership of the ESSE Asoke starting from Dec’2018 and Banyan Tree Residences, 2018 residential revenue was 3,974 million Baht, increased 66% YoY. As of 31 December 2018, the Company’s residential projects

revenue over 30 years starting from 1Q19. Additionally, the Company also invested in 20% shareholding in SPRIME amounting to THB 893.5m and would be eligible to receive dividend accordingly. Significant