or equivalent to approximately Baht 3,522.00 million. Such amount takes into account Sum-of-the-Parts analysis, using discounted cash flow valuation method for assessing the associated companies and
cash flow valuation method for assessing the associated companies and subsidiary companies. 8. Expected Benefits for the Company It is expected that the Transaction will provide the following benefits to
. Operations of Support Groups 56 5.1 Human Resource Management 56 5.2 IT Management 59 6. KASIKORNBANK’s Investments in Subsidiaries and Associated Companies 61 7. Shareholder Risk Management 62 1 1. Overview
registration statement: (1) risk factors associated with the investment in depositary receipts; (2) information on the characteristics of foreign securities deposited under depositary receipts issued in the
. KASIKORNBANK’s Investments in Subsidiaries and Associated Companies 61 7. Shareholder Risk Management 62 1 1. Overview of Operating Environment 1.1 Global and Thai Economy in 2018 and Outlook for 2019 The global
business size, as well as to support future business expansion. The amount also includes administrative expenses associated with GLAND’s operations. Hence, the administrative expenses to total revenue ratio
larger business size, to support future business expansion as well as an increase in marketing activities in shopping malls. The amount also includes administrative expenses associated with GLAND’s
. However, the Board of Directors of Glow’s group has summarized that the Glow’s group has control over Houay Ho Thai Co., Ltd. (Translation) 9 GLOW’s Investment in Affiliated Companies Associated Companies
. (Translation) 9 GLOW’s Investment in Affiliated Companies Associated Companies Direct or indirect Shareholding of GLOW (Percentage) Nature of Business Operation 1. Glow Hemaraj Wind Co., Ltd. 33.33 Developing