measure. As aforementioned and unable to suppression of COVID-19 spreading soon, fatty alcohols market’s purchasing power has been declining. On the supply side, Indonesia and Malaysia, the major producers
contracted. In 1Q2020, hospitality business of Singha Estate Public Company Limited (“the Company”) was also significantly impacted by COVID-19. Essentially, government announced the lockdown measure to
temporary suspended. Private consumption contracted as a result of weakening purchasing power and high household debt. Government have implemented financial relief measure to help those affected by the COVID
most of its employees to work from home to reduce the risk of infection. On the other hands, Safari World Group has reduced its cost and expense to lessen the effect to the income and profitability by
infrastructure business; (2) the concession right to operate an infrastructure business; (3) the right to receive the future income or the right under the income sharing agreement that will be generated by an
day prior to the agreement execution date of THB 0.04 per share, totaling THB 480,000,000 (at the par value of THB 0.69 per share); 4.2 mortgage of machinery (Heavy Gauge Shearing Line) at the value
properties in 2018 and 2019. According to accounting standard, the company obliges to measure investment property at fair value representing current rental income and remeasure once any events impacting
stringent residential financing granting measure has not negatively affected the operation as the Company has the policy to develop project which has average selling price per unit higher than THB 10mn and
growth. In 2019, the real estate sector was beginning to face a slowdown as a result of various negative factors, particularly the Bank of Thailand’s Loan to Value (LTV) measure. The situation is worrisome
4.2% Revenue from rental services 1,605 3.0% 1,667 3.1% (62) (3.7%) Revenue from rendering of services 340 0.6% 414 0.8% (73) (17.7%) Interest income 55 0.1% 73 0.1% (19) (25.3%) Other income 3,654 6.7