deferred revenue. However, during the period 2019, the Company has reconsidered the remaining guarantee EBITDA and found that existing risk and reward were insignificant. The Company has therefore reversed
expand the Malaysian market share and retain the existing customers. Moreover, FKRMM was a motorcycle tire and tube manufacturer, therefore its personnel not only has expertise in market distribution but
recognized through other comprehensive income (“FVOCI”) and reserve within equity. c) Measurement of other non- current financial assets, the change in fair value measurement of other investment is recognized
the Extraordinary General Meeting of the Shareholders No. 1/2018 (the “EGM”) for consideration and approval of the reduction of the Company’s registered capital from the existing registered capital of
under construction. The details of significant changes are as follows: Current assets increased by Baht 1,055 million or 11% mainly from • Cash and cash equivalents and short-term investments increased by
from the existing registered capital of THB 217,155,228 to THB 180,970,466.50 by canceling the Company’s 144,739,046 authorized but unissued shares, with a par value of THB 0.25 per share. 2. Approved to
increase of minimum wages and the employment due to the branch expansion, as well as the increase of the rents of the existing branches and new branches. Net Profit In the Quarter 2 of 2017, the Company and
(plus carrying cost) and comparison price method [in line with the condition under an existing written agreement between the project’s co-developers that the current two shareholders of Gulf WHA MT are to
Baht and will be long-term loan from financial institutes. Shareholder Structure - after investing in newly-issued ordinary shares Name of Shareholder Current Capital increase After capital increase No