potential economic uncertainties, KBank emphasizes predictive integrated risk management (IRM) through the establishment of comprehensive risk management principles and policies, a risk-aware culture Bank
integrated risk management (IRM), effective capital management and creation of a culture of risk awareness organization-wide. All these efforts are aimed at maintaining KBank’s stability as a leading financial
. Suppaluek Na Songkla, Mr. Ittidet Phonin and Miss Nittaya Na Songkla offered company to buy SUTG stock for 132,000 units whereas 66% of total paid-up capital of SUTG. Main reason of the deal is to come back
our status as a leading financial institution which can efficiently cope with potential economic uncertainties, KBank emphasizes predictive integrated risk management (IRM) through the establishment of
of most appropriated methodologies from 2 independent financial advisory firms, the Company recognized the effect from loss of control in these two subsidiaries recorded in the consolidated statements
deal, Aapico ITS Co., Ltd. (“AITS”) needs to sell its 60 percent equity in Aapico QI Sdn. Bhd. (“AQI”) in Malaysia for an amount of SGD 450,000. The Company had to make this sale for the reason that QI’s
purchasing to deal with new suppliers for better deal in term of better price, volume and credit term. Page 2 of 3 Selling and Admin Expenses % Selling and admin expenses to revenue of Q3 2017 and Q3 2016 are
part of the deal, Aapico ITS Co., Ltd. (“AITS”), a 60 percent subsidiary of the Company, needs to sell its 60 percent equity in Aapico QI Sdn. Bhd. (“AQI”) in Malaysia for an amount of SGD 450,000. The
from Japan perpetual license deal. Corrective actions and controls are in place to mitigate rising labor costs and improve forecasting and purchasing practices. Selling and Administrative Expenses In Q2
firms to measure fair values of investments in these 2 subsidiaries amount to 6,487 million Baht and recorded such investments in the consolidated statement of financial positions as at December 31, 2017