Financial Reporting Standards No. 9 (TFRS9) which is being revised by the Thailand Federation of Accounting Professions under the Royal Patronage of His Majesty The King (TFAC) which will become effective
prescribed by the Federation of Accounting Professions under His Majesty The King?s Royal Patronage in line with International Financial Reporting Standards (IFRS) that will be effective this year. Besides
obligation to pay the Royalty Fees. The companies were able to properly control with economic conditions. The financial cost in the year 2017 decreased amount 0.2 Million Baht from last year as the principal
Reorganization Division, the Government Complex Commemorating His Majesty the King’s 80th Birthday Anniversary, 5th December, Rajaburi Direkriddhi Building (Building A), 8th Floor, 120 Changwattana Road, Tong Song
initiative under the Capital Market Governance Promotion Initiative in Celebration of the Auspicious Occasion of His Majesty the King’s Coronation organized and launched on 14 August 2019 by SEC in
Majesty The King?s Royal Patronage (FAP) to tackle accounting issues and problems. Furthermore, proactive communication on the SEC?s clear expectation will be carried out across various channels on a
% (Royalty Fee & Marketing Fee) Shall be considered year on year and revenue sharing shall be made to WCIG when gained positive income Please be informed accordingly. If any further progress had been done
which revenue sharing shall be made as follows Revenue Sharing HHC’ s Revenue gained from operating medical service for healthcare & esthetics = 100% HHC = 90% WCIG = 10% (Royalty Fee & Marketing Fee
. 3. Royalty income At percentage of net sales from factory compared with market price with three-year license period. 4. Royalty expenditure At percentage of net sales from Company compared with market
period of approximately 8 years which can be extended for a further 4 years. Wuttisak Clinics will receive a royalty fee of 6% and marketing fee of 4% of monthly revenue, however for 34 made agreement with