ended 31 December, 2016 to Baht 1,123.3 million for the years ended 31 December, 2017, primarily as a results of the closure of a significant debtor’s account in mid-2017 upon full repayment of

, the Company has extended its business to the area of concert organization and the income obtained from the sales of Hinoki wood. Upon the setoff with the total cost of 42.75 Million Baht comprising the

the share purchase agreement are fulfilled. Upon consummation of the Share Acquisition Transaction, the Company will be the shareholder of Hero Experience holding shares equivalent to 32.5 percent of

Channel Agency Co., Ltd. The Share Acquisition Transaction mentioned above will be entered into by the Company when the conditions precedent specified in the share purchase agreement are fulfilled. Upon

into by the Company when the conditions precedent specified in the share purchase agreement are fulfilled. Upon consummation of the Share Acquisition Transaction, the Company will be the shareholder of

profit and retained earnings of the Company; therefore, upon combination with the interim dividend payment for the first-half period of 2018 at the rate of Baht 0.20 per share, the dividend for 2018 would

0.30 per share in the amount of Baht 508,169,061.60, which would be paid from net profit and retained earnings of the Company; therefore, upon combination with the interim dividend payment for the first

mutually agreed upon by the parties. Conditions for the debt payment by NML to the Company The Company and NML will enter into a debt restructuring agreement upon payment of the selling price of NML shares

longer necessary for a credit- impaired event to have occurred. The Company applies the impairment approach to financial assets that are credit-impaired upon the initial purchase or acquisition and a

financial assets that are credit-impaired upon the initial purchase or acquisition and a general approach is applied to calculate expected credit losses on other financial assets. 2.2 TFRS 16 Leases TFRS 16