Company will collect an additional 10% of the fee including a post-dated cheque (based on the credit term) for the remaining fees of 80% within November 2019, in order to prevent the risk of debt repayment
receivable amounted to Baht 1,029 million, deducted allowance for doubtful account Baht 956 million, remaining net trade accounts receivable amounted to Baht 73 million. (At the end of year 2018, the Company
. This came from increment of number of staff to support new incoming projects. 6.2 Provision for doubtful debt decreased in amount of Baht 7.17 million due to payment received from the debtors 6.3 Other
doubtful accounts from other receivables that was not expected to receive payment of 1.2 mn Baht. However, in 2017, no allowance for doubtful accounts was recorded. Total selling and administrative expenses
was recognized and remaining income of Baht 157.07 million was from 6 projects on hand. Service Income The service income in 2017 was Baht 22.16 million whereas Baht 40.66 million in 2016 decreasing
doubtful accounts were Baht 135.8 billion or 7.0 percent of loans. In terms of capital, in September 2017 the Bank of Thailand (BOT) announced the guidelines for identifying and regulating Domestic
the board of executive directors, VBB consequently returned 20 million baht and did not spend the remaining amount on the advertising billboard construction; instead, VBB was found to have used it for
signs of improvement in overall advertising sentiment in the remaining months of our fiscal year, we reiterate our target of THB 4,000mn in revenue in 2017/18. IMPORTANT EVENTS IN 2Q 2017/18 Transit in
wholly- owned subsidiary of MACO, to acquire the remaining 42,000 shares (or 30.0%) of Multi Sign with a total investment of THB 203mn. Multi Sign’s network - On 7 March 2018, Volvo Lightening-powered
expected to enhance MACO’s media management’s capabilities under our digitalisation strategy both in Thailand and overseas. Moreover, MACO has acquired the remaining shares of Multi Sign, taking our stake to