Income 4 • Revenue recognition of initial franchise fee • *Actual franchise fee recognized in Q3/2019 was THB 0.4 million Management Discussion & Analysis Q3/2019 • Revenue from Dessert Café in Q3/2019 was
concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of construction under a concession arrangement at actual cost
-Café 2 Catering / Pop-up 3 4 1 Franchise Fee Income 4 • Revenue recognition of initial franchise fee • *Actual franchise fee recognized in Q4/2019 was THB 0.9 million Management Discussion & Analysis YE
institution; (14) Performing work in a dishonest manner; (15) Intentionally concealing investments, financial condition or the actual performance of a mutual fund or a private mutual fund operated under the
concealing investments, financial condition or the actual performance of a mutual fund or a private mutual fund operated under the management company’s responsibility, or intentionally making false statements
expense from the respondent on an actual basis (if any) to pay the claimant. Such expense shall not be classified as the expense under Clause 36. Clause 24. If the parties have no additional evidence to
respondent on an actual basis (if any) to pay the claimant. Such expense shall not be classified as the expense under Clause 36. Clause 24. If the parties have no additional evidence to present to the