obtained right to develop natural gas distribution and retail projects in six Hemaraj industrial estates, starting with the WHA Eastern Seaboard NGD 2 project, scheduled to operate by 3Q2018. PERFORMANCE BY
-Bearing Debt to Equity ratio was at 0.58x. Subsequent Event: The company obtained right to develop natural gas distribution and retail projects in six Hemaraj industrial estates, starting with the WHA
principle is 7 years starting from the loan date. However, as at December 31, 2018 such loan balance at around Baht 225 million. Other expenses Other expenses for the year-ended December 31, 2018 decreased
and for the first-five year loans and after that will be calculated MLR rate at 2.1 which the due payment for the principle is 7 years starting from the loan date. However, as at March 31, 2019 such
while the contract was still applicable. After the termination, the Company stipulated a new policy to engage in distributing products for the channel itself starting July 2019. Initially, the Company
assign a new distributor while the contract was still applicable. After the termination, the Company stipulated a new policy to engage in distributing products for the channel itself starting July 2019
10% of final bid price and submit a letter of bank guarantee for the remaining amount within 15 days before the starting date of license 2nd -10th installment 10% of final bid price on each installment
and starting petrol kiosk business. 6 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis the Bt400-600mn lending amount (with 12-36 months installment contract
Agents (MAs), sub-agents, MAs’ employees, and FSMART affiliated companies’ employees. • Expanding distribution business to mom-and-pop shops and starting petrol kiosk business. 6 Forth Smart Service Public