Concession Arrangements’. As a result, the Group’s management recognized revenue from construction under a concession arrangement in accordance with percentage of completion of the fair value of assets. The
revenue from construction under a concession arrangement in accordance with percentage of completion of the fair value of assets. The Group’s management also recognized cost of construction under a
invest in assets of the infrastructure business that is a greenfield project, a step-by-step operation plan, 4 starting from construction to completion of the construction, as well as the management and
risks. In this regard, such risks include completion risks (if any). Clause 24 The REIT manager shall arrange unit holders’ meeting in accordance with the trust instrument. 7 Clause 25 When there is a
. 2 MB, representing an increase of 23. 8% because at the end of the year 2022, the revenue was recognized base on the completion of project, which has been operated according to progress but has not
additional capital ratio of more than 0.625 percent p.a. starting January 1, 2016 until completion of the increment to more than 2.50 percent from January 1, 2019 onwards. To satisfy the minimum levels and
finished within Q3/2018 or Q4/2018, and the remaining 30.89% could be completed within Q4/2018. Upon the completion of this acquisition, tangible and intangible assets in the consolidated financial statement
daily closing price of the Company’s ordinary shares traded in the Stock Exchange of Thailand (“SET”) during the seven (7) consecutive trading days prior to the Company’s Board of Directors Meeting No.1