for employee benefits under the Labor Protection Act (the 7th revision) B.E.2562, effective on May 5, 2019. The law states that employees who have worked for the company for 20 years or longer shall
the corresponding period of the previous year, derived from an increase of provision for long-term employee benefits according to The Labor Protection ACT ( no.7) B.E. 2562 was announced in the Royal
amount of Bt57.4 million in 2019 in accordance with an amendment of the Labor Protection Act on April 5, 2019. Sales Revenue Consolidated sales revenue in Baht terms declined from Bt13,982.5 million in
competition, the blended ARPU still declined to Bt558 or -1% QoQ. 1The Labor Protection Act (No. 7) B.E. 2562, effective from 5-May-19, stipulates additional legal severance pay rates for employees who have
current Labor Protection Act (LPA), with effective in Q2/2019. The key amendment to the LPA was that the law included a new and higher severance entitlement of 400 days’ wages for employees with over 20
specified in the employment contract. The remuneration’s criteria were previously stated in the Company’s regulations, which were later changed to clearly distinguish between renumeration for directors and
the company starting in the next financial year. In addition, The company also partially books the increase in provision of employee benefit in accordance the new Labor Protection Act within the cost of
parent company, Asian Insulators Plc. (AI), to submit to the SEC and publicly disclose their rectified and audited 2014 financial statements by May 27, 2015, the deadline previously determined. The
stores and new stores and come from recognized the service cost in the past from employee benefit according to The Labor Protection Act (No. 7) B.E. 2562 has been announced in the Royal Gazette on April 5