- Translation - Page 1 of 6 CBG 006/2020 20 February 2020 Subject Management discussions and analysis for the fiscal year ended 31 December 2019 To President The Stock Exchange of Thailand We
maintain the capital adequacy or capital reserve, the applicant shall notify the Office in writing immediately of such matters; □ (2) Audited financial statement with auditor’s opinion for this fiscal year
statement with auditor’s opinion for this fiscal year compared with the preceding year. □ 2. Supporting documents for consideration under Clause 4 (2): □ (1) Violation record, under the law specified in the
the end of previous fiscal year, which was resulted from the adoption of accounting standard TFRS 9 by calculating the expected credit loss (ECL Model) together with probable forward looking
the budget disbursement for the year 2020 remaining period. Including, restructuring of the expenditure budget for economic recovery through the Transferring of Budget Act 2020. However, the investment
capital budget, in amount of Baht 133,583,482 comparing to the previous one in amount of Baht 425,000,000. Therefore, total investment equaled to Baht 558,583,482. This expansion of Wattanapat Samui
staff and erection staff that was not able to occupy full capacity and the expenses for the erection was higher than estimated budget. The Company recorded an impairment of inventory which was higher than
/2020 to consider ratifying the increase in investment in Carnival Magic Project from the investment budget that the Board of Directors No. 5/2019. On March 15, 2019, the approved amount of 5,436 million
Thailand, the economic growth in 2018 is projected to keep its growth momentum at 4.0 percent, driven mainly by brighter outlooks in both public and private investment. The government’s budget disbursements