% interest. As a result of the final receivership order issued by the Court, Saraburi is considered to be in breached of the joint venture agreement and the Company has therefore exercised its right under the
collectability are directly affected by the delay. Therefore, the Company considered to record allowance for doubtful accounts with total amount of such unbilled receivables. Financial cost In 2018 , the company
, The Stock Exchange of Thailand With respect to the financial statements for the year ended 31 December 2019, as submitted by the Company, which has been audited by the external auditor, considered by
considered the conservative basis therefore set estimated loss from cost over income and allowance for advance payments palm oil total amount of Baht 45.4 million. In 2018, the Company discontinued the
qualified for listing on the SET The entry into such transaction is considered similar to the business of the Company as well as complements it in creating future revenue and profits, which is beneficial to
(“EGAT”), with both venture partners having a 50% interest. As a result of the final receivership order issued by the Court, Saraburi is considered to be in breached of the joint venture agreement and the
: Sansiri Public Company Limited Relationship with the Company : The purchaser does not have any relationship with the Company. The transaction, therefore, is not considered a connected transaction under the
. Duangporn Dhanasuckanchana), the mother of Mr. Nontawat Dhanasuwiwath who is the director and executive of the Company. Therefore, the transaction is considered related party transaction pursuant to the
% of the Company NTA but less than 3% of NTA of the Company. Opinion of the Audit Committee: The Audit Committee has considered the transaction and has opinion that the transaction is necessary and