Q2/2019 included expenses from subsidiary company for the six-month while the same period previous year included only three-month expenses starting from April 2018-June 2018) and 2) last year’s the

while the contract was still applicable. After the termination, the Company stipulated a new policy to engage in distributing products for the channel itself starting July 2019. Initially, the Company

assign a new distributor while the contract was still applicable. After the termination, the Company stipulated a new policy to engage in distributing products for the channel itself starting July 2019

10% of final bid price and submit a letter of bank guarantee for the remaining amount within 15 days before the starting date of license 2nd -10th installment 10% of final bid price on each installment

virus, comprising with the government’s measures such as closed the risk-prone areas, no activity in crowded places and imposed the curfew from 10 p.m. to 4 a.m. starting from April 3, 2020 until present

Thai Financial Reporting Standards No. 16 re: Lease Agreement for the first time adoption (“TFRS 16”) starting from 1 January 2020, using the cumulative catch-up approach without retroactively adjusting

and starting petrol kiosk business. 6 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis the Bt400-600mn lending amount (with 12-36 months installment contract

Agents (MAs), sub-agents, MAs’ employees, and FSMART affiliated companies’ employees. • Expanding distribution business to mom-and-pop shops and starting petrol kiosk business. 6 Forth Smart Service Public

low risk. The management of the company is expecting to start realize the income in the 3rd quarter of 2020, and will realize the income of all projects all projects starting 4th quarter of 2020. 8.3

, 14 Mega Home stores and 6 HomePro stores in Malaysia. Starting 1 January 2020 onward, the Company has adopted TFRS 16 Leases, using the modified retrospective method of adoption under which the