During the year ended 31 December 2019, the Group has adopted TFRS 15 “Revenue from Contracts with Customers” which become effective for fiscal years beginning on or after 1 January 2019. The Group chooses
company engaging in the management of hotels and investments in international hotel companies. Over the past four fiscal years (year 2016-2019), the Company’ s consolidated total assets has grown at an
Page 4 of 9 Overview The Company is a holding company engaging in the management of hotels and investments in international hotel companies. Over the past four fiscal years (year 2016-2019), the Company
year, because of this group of products, most of them were sold to commercial customers, mainly government agencies. This group of customers must wait for the government budget. According to the fiscal
companies means investments in subsidiary and associated companies holding by the company and subject to the accounting standard which records such investment by the Equity Method. In case of any holding of
investments in subsidiary and associated companies holding by the company and subject to the accounting standard which records such investment by the Equity Method. In case of any holding of investments in
subsidiary and associated companies means investments in subsidiary and associated companies holding by the company and subject to the accounting standard which records such investment by the Equity Method. In
TFRS 9&16) Assets and liabilities were affected by the TFRS16 adoption which records right-of-use assets of Bt65,296mn against lease liabilities of Bt64,263mn. ( TFRS details shown in Significant event
facts or behaviors; (5) any behavior of the person under consideration which is cooperative or obstructive to duty performance of the SEC Office; (Translation) -8- (6) any other records or behaviors in