transaction is beneficial to the Company since CH. Karnchang Public Company Limited is a large-sized construction company, having experience and expertise, being familiar with the equipment and civil
CH. Karnchang Public Company Limited is a large-sized construction company, having experience and expertise, being familiar with the equipment and civil infrastructure of both the MRT Blue Line Project
recorded at THB 105 million, a decrease of THB 105 million from 1H2019. P a g e | 4 - Management Discussion and Analysis 2Q2020 - As of June 30, 2020, the Company has total assets in the amount of THB 12,496
’ demand are being met at all times Operational excellence which mean assets reliability, lower costs and maintain high operating rates Working capital management through efficiency improvement like for
Analysis (MD&A) Page 2 of 16 Major Events in 2018 The acquisition of GLAND, which has high potential assets, is an important step for CPN to become a leader in mixed-use projects The acquisition of shares in
to the amalgamation, the assessment of fair value of assets and liabilities received from the acquisition is required according to accounting standards, resulting in the Company realizing goodwill from
employing knowledge and ability as a professional under different situation, being independent in making investment decision and having diversified investment in order to reduce investment risk, etc. (2) The
this quarter being a part of the low season and has entered the rainy season resulted in floods in many areas; the impact of such event caused utilization of vehicles and fuel consumption to be lower