confidence to the ICO market. This could be accomplished by requiring ICO to be conducted through an ICO portal recognized by the SEC. The conditions for portal recognition may include how the ICO portal can
management recognized revenue from construction under a concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of
management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in
Proportion before selling: 150 shares = 30.00% of registered capital. Shareholding Proportion after selling : 0 share = 0% of registered capital. Remarks : The sale of whole shares held by the Company in
Guarantee (“LG”) from one local commercial bank to guarantee the usage of electricity in production process of the Company. The tenor of first SBLC is 9 months and able to rollover for the whole tenor of main
% yoy) because EBITDA from FA business was lower due to stock loss as CPKO price drop. Moreover, the company recognized profit of THB 20 million from investments in the Thai Ethoxylate Company Limited
Agreements in accordance with TFRIC 4 “Determining whether an arrangement contains a lease” and found that the agreement is finance lease. The Group then derecognized building and equipment and recognized to
and recognized effect from loss of control in the consolidated statement of comprehensive income amounted 7,113 million Baht for the year ended December 31,2017. Subsequently, on April 2018, the Company