www.ucity.co.th Ref. No. U.SET 022/2017 November 16, 2017 Subject : Disposal of shares in a subsidiary and assignment of claim on its promissory notes To : The President The Stock Exchange of Thailand U City Public
value gains (losses) and other income totally increased by 16.9 million Baht, net claim expenses (less claim recovery from reinsurers) however rose by 33.32 million Baht. The ratio of net claim expenses
forward contracts and insurance claim income. ChangeConsolidated financial statements Q1-2020Q1-2021 *Extraordinary items from non-operating, consists of unrealized gain (loss) on exchange rate of
. the share value is Baht 2.50 per share and the loan value is at Baht 6,885,000. Therefore, the rules for fixing of value of the share purchase and accepting the assignment of claim in the loan is both
quarter. However, the Company is in the course of legal proceedings to claim damages and opportunity costs from breach of contract. Net Profit attributable to Equity holders of the Company The Company has
profit from underwriting decreased by 11.83 million Baht due to significant fact that earned premium and commission and brokerage income from reinsurers dropped by 4.3 million Baht. The ratio of net claim
the ratio of the claim expenses (including loss adjustment expenses) over net earned premium increased from 60.22% in the previous year to 61.59% in the reported year because of the fact that the
claiming any damages each. The principles and reasons for dispute resolution and no claim for damages is because the original major shareholder of Akarawat has sent a letter to terminate the share purchase
% * Extraordinary items from non-operating, consists of unrealised gain(loss) on exchange rate of receivable under finance lease agreement, gain(loss) on forward contracts, insurance claim and gain from business
, consists of unrealised gain on exchange rate of receivable under finance lease agreement, gain on forward contracts and insurance claim. Change QoQ Consolidated financial statements Change YOY Financial