1 / 5 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the year at the end of 31 December 2018
completion date for sale of the Shares (the Completion Date) will be transferred to the 2 Purchaser. As at March 31, 2020, the total Outstanding Loans owed by UAB and SBM are approximately THB 761,311,211
of funds between Hong Kong and Thailand shall become effective upon the SEC’s completion of the amendments to the relevant regulations. In this regard, the SEC has issued two Notifications of the
Commission, Thailand (SEC) on 20 January 2021, the cross-border offerings of funds between Hong Kong and Thailand shall become effective upon the SEC’s completion of the amendments to the relevant regulations
of funds between Hong Kong and Thailand shall become effective upon the SEC’s completion of the amendments to the relevant regulations. In this regard, the SEC has issued two Notifications of the
the condition that a due diligence and feasibility study of the project and valuation of shares are being satisfied and there must be no material adverse effect to the financial conditions and operation
39.80 Million Baht, or or 10.63%. The main reason of revenue growth resulted from revenue recognition by percentage of completion of projects which were hired on 2017 – 2018. Since 1st January 2019, the
1 / 4 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS • Explanation and analysis of financial performance for the year ended 31 December 2019 • Explanation and
Group can divided as follows; o Revenue from construction contracts which are defined output is promised, is recognised using the percentage of completion method. The stage of completion is generally
acquisition transactions of the Company occurring during the past six months i.e.: (1) The Company’s disposal of ordinary shares of Origin Prime 2 upon completion of increase of registered capital to