Limited with 100% stake, implying an investment in Porto Worldwide Limited with 33% stake. The objective is to invest in Grab businesses in order to enhance channel for business expansion, assist core
100,000 ordinary shares at Baht 10 each. The capital was fully paid. The Company held 51 percent stake and ALT held 49 percent stake. 1.2 Signing of Financial Documents for Collector Wind Farm in the
. Due to the company has the potential of investment capital, debt collection systems and human resources in operation. Including being a business partner with financial institutions in help keep track of
. Assets acquired from this transaction are 80% stake of Phuket Future Development Company Limited. 5. Expected Benefit 1. Supporting the company’s policy to diversify in to Property Business 2. To enable
Q1/2017Q2/2017 Page 2 of 7 The company has established two more subsidiaries: 1) BAFS INTECH Company Limited, with a registered capital of Bt60.0 million. The Company holds a 90% stake. This
Administration Expenses Selling and administration expenses in Year 2018 increased by Baht 49.0 million or 7.4%, as result of human resource and IT system development and internal control of subsidiaries
Human Resource Committee. 3. Type and size of transaction, basis used to determine service fee and payment method 3.1 Type and size of transaction This transaction is considered as a services transaction
reduce a redundant works and increase of work efficiency by integrating human resources and operation processes with subsidiary companies such as ACS Servicing (Thailand) Co., Ltd, AEON Insurance Service
which the interest rate is approximately 9%-10% per year. Moreover, the management structure is not appropriate; therefore, the joint venture company has high unnecessary human resource management expense