year 2015 without allowance for a doubtful account of the outstanding debt. Case 3: Performing duties dishonestly and seeking wrongful gains, which caused damage to IEC, through a purchase transaction
addition, VBB did not return the advanced compensation to SPM in accordance with the contract's conditions. Consequently, SPM suffered damage and had to set a doubtful account for the whole amount. The
was in-line with higher sales in 1Q 2017/18. The Company gives 60 – 90 days credit terms to customers. For accounts receivables of more than 120 days, the Company has a policy for allowance for doubtful
receivables of more than 120 days, the Company has a policy for allowance for doubtful accounts, which also considers the customers’ payment history and credit- worthiness. As of 31 December 2017, the allowance
expenses 29.90 28.27 (1.63) (5.45%) Advisor expenses 3.81 1.95 (1.86) (48.82%) Loss on exchange rate 13.90 - (13.90) (100.00%) Reserve for Doubtful Debts - 4.03 4.03 100.00% Others 9.52 11.27 1.75 18.38
Company has recorded an allowance for expected credit losses (Allowance for doubtful accounts) for receivables overdue in accordance with the Thai Financial Reporting Standards No. 9 “Financial Instruments
and support them through the Covid-19 crisis, while strengthening loan portfolio quality through robust control of credit underwriting and risk management and maintaining the allowance for doubtful
provider, and Loan Agreement dated 17 February 2014 in amount of THB 400,000,000 with Mr. Niramd Ngarmchamnanrith as lender (collectively called “Loan Agreement”). The entry into Loan Agreement was approved
Communications Co., Ltd. Provider : Kinpo Electronics Inc. 3. Ordinary form of transaction Cal-Comp Electronics and Communications Co., Ltd shared MIS resource and system from Kinpo Electronics Inc. to support
provider channel that can support and facilitate the customers. Moreover, the Company also gradually launches promotional campaigns on Boonterm kiosks to encourage new customers and retain our existing