of the economy and auditors, as a key stakeholder, play an important role in the capital market. Yet, some related parties in the capital market do not seem to recognize the value of audit as much as
income of the Observation Deck on the MahaNakhon Project. The valuation relies on assumptions and forecasted numbers. PACE then used the valuation results to recognize an investment amount of Baht 8,231
1 25 May 2020 Subject: Notification on Resolution of the Board of Directors’ Meeting No. 5/2020, Change of Directors and Directors’ Power, Entering into Connected Transaction, Entering into Transaction on Acquisition of Assets and Determination of the 2020 Annual General Meeting of Shareholders To: Director and Manager The Stock Exchange of Thailand Enclosure 1. Information Memorandum on the Acquisition of Assets (Schedule 1) and the Entry into Connected Transaction of Nation Broadcasting Corpor...
already started to recognize income from June 2017, mainly from the sales of Gift/Item on Angel on Duty Platform and FINIX TV Platform which are, currently, consolidated platforms. With respect to income
agreement, due to not being able to acquire the construction license which is a critical part that will take effect in many aspects of the project which resulted in an unsatisfied view by the Company to
of the Company. (Please refer to the Information Memorandum on Asset Acquisition and Connected Transactions of the Company in the Enclosure) In view of the above, the Board of Directors’ Meeting deemed
appropriate for the Company's funds. Therefore, the construction revenues for nine-month come from the old projects which have been completed. The Company is able to recognize revenue in proportion to the
with Patong Municipality, Phuket Province of a subsidiary. It’s started to recognize revenue from 4 January 2019. 2.2 Income from installation and distribution of water production systems increased from
nearing completion. Moreover, projects that are operating at still the beginning stage thus, the Company is able to recognize revenue only in proportion to the success of the work. 2. Cost of construction
amounting of Baht 89.84 million and we start to recognize some revenue in this quarter moreover the Company still has carried on offering new products continuously which is an innovation of power saving in