transaction: Renewal of a hotel management advisor agreement 30/03/2021 19:21 Connected transaction: Renewal of the property management contract 18/12/2020 17:38 Connected transaction with regard to hotel
Company Limited (a 100-percent subsidiary of IEC) through a contract with Energy System Engineering and Service Co., Ltd. (ESES), deemed under control of Mr. Bhusansa and Mr. Saran, for the construction of
10% Cost 1,631 1,509 Gross profit 209 164 45 28% Gross profit margin 11.3% 9.8% Other income 6 2 4 246% Selling & Admin expenses 123 121 2 2% 6.7% 7.2% Cost and expense from delayed project 57 (57
construction works. Under this method, the revenue recognised is based on the latest estimate of the total value of the contract and actual completion rate determined by reference to the physical state of
containing the COVID-19, economic growth is forecasted to contract by -7.8%1; the lowest growth among ASEAN countries. In addition, a range of political issues are loading to an uncertain economic recovery
to misappropriate 80.1 million Baht from Rayong Wire Industries, an Eastern Wire subsidiary, through a contract for advanced procurement of raw materials with Union Gas and Chemicals Co., Ltd. in 2004
and contract work 11.8 14.9 -21.0% 1.1 Turnkey Total Solutions 11.8 14.9 -21.0% 2. Revenue from services 744.5 696.0 7.0% 2.1 Fully Outsourced Contact Center Management Service 527.5 499.5 5.6% 2.2
IEC through the transactions related to the outsourcing contract with Thai-Chin Engineering & Construction where Mr. Rattanathorn Shinkrajangkij and Ms. Yadapat Shinkrajangkij were directors. The
misappropriating money of IEC through the transactions related to the outsourcing contract with Thai-Chin Engineering & Construction where Mr. Rattanathorn Shinkrajangkij and Ms. Yadapat Shinkrajangkij were
other persons. Mr. Bhusana committed a fraud by misappropriating money of IEC through the transactions related to the outsourcing contract with Thai-Chin Engineering & Construction where Mr