-measurement of employee benefit obligation amounted Baht 3.76 million. Ocean Glass Public Company Limited Page 4/ 6 Management’s Discussion and Analysis Ocean Glass Public Company Limited Management’s
transaction is less than 15 percent. Therefore, the information disclosed in the Notification of the Acquisition or Disposal of Assets 3.5 Criteria for Measurement of Connected Transactions Comparing net asset
, the Company engaged an independent financial advisory to evaluate the fair value measurement of the investments by using income approach method and discounted cash flow to present value. As a result
three measurement categories; amortized cost, fair value through other comprehensive income (“FVOCI”) and profit or loss (“FVTPL”) driven by the entity’s business model for managing its financial
baht and 99.40 million baht, respectively, increased by 40.44 million baht or 40.69% caused by the company having fair value measurement PPA (Perchase Price Allocation) WICE Logistics (Hong Kong), which
due to the recording of gain on land revaluation during the year in the amount of Baht 173.58 million and the recording loss on re-measurement of employee benefit obligation in the amount of Baht 3.76
. Classification and measurement of financial assets The Company reclassified of financial assets and financial liabilities to be consistent with the business model and management of the Company's assets and
transaction as goodwill. At present, the Company has measured the fair value of identifiable assets acquired and liabilities assumed at the business acquisition date. Said measurement is currently in the
previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract that has continuously awarded since 2018