for retirement benefits at the amount of THB 96.8 million recorded in Q2’19 to reflect severance payment of maximum 400 days of wages stated in the new Labor Protection Act. The Company reported 2019
benefit obligations under the new Labor Protection Act in the amount of 17.9 million baht. - Doctor fees in 2019 was 1,765.4 million baht, an increase of 218.0 million baht or 14.1 percent from the previous
were slowdown followed economic recession, excluded construction sector that had bidding competition from Chinese entrepreneurs. In terms of investment and employment, there were affected from labor
strengthen business confidence both in the manufacturing and the service sectors. However, cost of manufacturing tended to rise following to the labor coat and material prices, while increasing prices of good
continued investment in 1The Labor Protection Act (No. 7) B.E. 2562, effective from 5-May-19, stipulates additional legal severance pay rates for employees who have worked for a period of 20 years or more to
contracts, licenses, and the registration at relevant assets to the Company. 5. SQL will transfer all employees under the operation of SQL to the Company according to the requirement under Thai labor laws. 6
the consolidation of Trans.ad Group. In addition, the Company recorded a non-recurring expense from long-term employees of THB 5mn according to The Labor Protection Act (No.7) 2019. However, SG&A to
. - Employee benefit obligations were 193.53 million Baht, rose by 43.07 million Baht from the end of year 2018 mainly due to the effect from the labor law Note: According to the debentures and long-term loan
Co., Ltd. in this information memorandum. 9 Cost Estimates : It comprises of 95% of raw materials, labor and other costs of the Self-operate Restaurants and 8% of selling and administrative expenses of
Labor Protection Act was amended to include a requirement that an employee who is terminated after having been employed by the same employer for an uninterrupted period of twenty years or more, receives