of listed companies during the COVID-19 outbreak. Due to the possibility of unpredictable outcomes, accounting estimates for the preparation of financial statements can be quite a challenge. In this

The action follows the revocation of Renaissance FMC’s securities business and derivatives business licenses due to conduct demonstrating a lack of credibility, operational readiness, and serious

accounting policies due to Thai Financial Reporting Standard No. 16 (TFRS 16) which is made effective in the current period. As a result, the company has the right of use assets of 41.4 million baht and

baht or 5.5 percent compared to non-current assets as of December 31, 2019. The significant change occurred from changes in accounting policies due to Thai Financial Reporting Standard No. 16 (TFRS 16

offering). The independent financial advisor (IFA) considers that the information disclosure in this case is insufficient, and the company is exposed to the risk of absence of due diligence in the

Thailand. 3. Expected credit losses increased by Baht 7.42 million over the same period last year due to the accounting guidance related to financial instruments and disclosures applicable to insurance

December 2017, mostly due to account payables.   Non-Current Liabilities were Baht 9.47 million as of 31 December 2018, an increase from Baht 6.34 million as at 31 December 2017, mostly due to accounting of

million as at 31 December 2018, mostly due to accounting of long term employee benefits. Total Shareholders’ Equity grew to Baht 911.06 million as of 31 December 2019 from Baht 855.08 million as of 31

increase in account payable. Non-Current Liabilities were Baht 10.92 million as of 31 March 2019, increase from Baht 9.47 million as at 31 December 2018, mostly due to accounting of long term employee

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