Management Discussion and Analysis For the first quarter ended March 31, 2020 Bangkok Commercial Asset Management Public Company Limited 99 Surasak Rd., Silom, Bangrak, Bangkok 10500 Thailand Tel 0
, investment status and the approximate spending amount. In case of acquiring assets or investment in a business unrelated to the current one, clarify the reason(s) and the background of such asset acquisition
, clarify the reason(s) and the background of such asset acquisition or such business investment. 2. To acquire assets or invest in a business unrelated to the current one. 3. To repay a loan or debt from
Notification: (1) “fund” means an infrastructure fund; (2) “management company” means a securities company holding a license to manage mutual funds; (3) “infrastructure asset” means: (a) the ownership of, the
this Notification: (1) “ fund ” means an infrastructure fund; (2) “ management company ” means a securities company holding a license to manage mutual funds; (3) “ infrastructure asset ” means: (a) the
-Controlling interests at 30.89% (32,092) Total Net Asset obtained GLOW at 69.11% 56,911 Goodwill 36,090 Proportion of acquisition cost 69.11% 93,001 From the fair value measured in the table, the majority
infrastructure business; (5) the shares issued by a company that: (a) invests in (1) (2) (3) or (4) collectively not less than seventy-five percent of the company’s total asset value or has an income deriving from
increased Baht 2,839 million or 134% from Q1/2019. For Q1/2020, the Company’s Adjusted Net Income, which is the net profit excluding the fair value of intangible asset from the acquisition of GLOW was Baht
) and Return on Asset (ROA) decreased to 10.23% and 5.38% respectively compared to the same period of the year 2018 due to the lower net profit. For the liquidity analysis, current ratio improved to 0.45