Krabi Municipality without any charges when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s
company has assessed the initial synergy between GPSC and GLOW that would occur during the year 2019-2024 and is expected that the EBITDA will contribute to the total amount of Baht 1,600 million by 2024
management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in
shall transfer building, machine and equipment to Krabi Municipality without any charges when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service
without any charges when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized
revenue from construction. As specified in the contract, the subsidiary shall transfer assets when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service
success of the business depends on the number of customers. The potential of the business is thus difficult to be assessed than projects which have operated or provided services for a while. 10 Table of
previously recorded impairment losses. Meanwhile, in Q4– 2022, the impairment was assessed along with a recorded impairment loss on financial assets by 32.6 MB. Fair value profit (loss) on FVTPL equity
the offering of new shares where by the exact offering price is determined by the shareholders’ meeting of the Company, the Company is required to obtain approvals not only from the EGM but also from