. The Company appointed the Sims Property Consultant Co., Ltd. (the “Sims”), the independent valuer, to verify financial status and evaluate the assets of Hero Experience. Sims based its evaluation on 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 under a
assessed I c B p w s a d o i C o S b C N E N I A u t A F r t t h I o t i C a o 2 o n S a In addition, t consider and Board of D procedures n whereby suc shareholders all of the as delegated by of the above
amount is based on the fair market value assessed in the second quarter this year. - Advance payment for land as at 31 December 2017, an India’s subsidiary had paid advance payment for a purchase of a plot
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
of advertising, office building space, motor vehicles and equipment. The Company has assessed the effect from the adoption of TFRS 16 to operating performance, as shown in below table. IMPACTS FROM
channel remains unclear as there are remaining inventory of completed houses ready for ownership transfer. According to such direction, it has been assessed that sales in the first half of 2020 will slow