the Capital Market Supervisory Board No. TorChor. 20/2551, Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Assets, and the Notification of the Board of Governors of
together with THB 115M gain on conversion option embedded in convertible bond. According to TFRS 9, all derivative instruments must be mark-to-market to be recorded at its fair value and any changes in fair
to the Buyer and the Seller has relationship to be connected people according to the announcement of the Capital Market Supervisory Board No.21/2551 regarding the criteria of making connected
after testing the market with the “Pop-up Store”. In addition, the Company plans to open 5 more After You dessert store by 2022 namely Terminal 21 Rama 3 branch, Queen Sirikit National Convention Center
establish a stronger presence in the high-end market segment. Management Discussion & Analysis 2022 2 I 9 The increase in sales revenue was contributed by (1) increase in Branch sales by THB 38.56 million, (2
selling. As a result, the number of projects will increase from year 2022 and the overall gross profit margin of year 2023 decrease slightly. This is because the number of projects in the market is quite
), leasable retail area within office buildings and residential project at 26,163 sq.m. (aggregate occupancy rate at 71%), and 4 undeveloped land plots, 2 of which are planned for mixed-use development projects
to change as market conditions and actual outcomes may differ from forecasts. BAM makes no representation or warranty of any type whatsoever on the accuracy or completeness of the information contained
the company. In addition, any forward looking statements are subject to change as market conditions and actual outcomes may differ from forecasts. BAM makes no representation or warranty of any type