( “ the Group” ) has applied TFRS 9 - Financial instruments standards and TFRS 16 Leases (See Note 3. Changes in accounting policies), effectively from 1st January 2020. o The Group has adopted TFRS 9
, leading to a decrease in Dubai crude price, effectively widen the DTD Brent and Dubai spread. Average Dated Brent and Dubai spread in Q4/ 2018 lowered by 0. 42 $/BBL compared to Q3/ 2018 with pressure from
Thailand due to limited growth prospect for domestic electricity industry. This resulted in the intensified competition in overseas market. Despite the high competition in power industry, EGCO successfully
activities and CSR initiatives organized by Asiamoney Magazine in Singapore. Furthermore, awarded “Best Renewable Project ASEAN 2019” for the successfully started commercial operation of 2 large solar farms in
In May 2019, Solarwa Project and TPS Commercial Project successfully completed Baht 2,200 million debt refinancing with interest saving rate approximately 2.0% p.a. or Baht 119 million throughout the
the steel industry, as part of the debt restructuring plan of the Company and the conditions of the Credit Agreement. Moreover, one of the Synergy team members, i.e. Sudhir Maheshwari, has successfully
. Sudhir Maheshwari, has successfully revived the financial status of several companies with a similar business to the Company in various countries and has work experience with ArcelorMittal engaging in the
, Central i-City in Malaysia, a joint investment between CPN and and I-R&D Sdn. Bhd (“IRD”), a subsidiary of I-Berhad through a 60% and 40% ownership respectively, successfully underwent a soft opening and
instruments is 36.65 Million Baht. For the financial liquidity management purpose, the company has successfully negotiated the purchase of asset acquisition, the Company would get more discount for 5 Million
management. Store renovation (Store transformation) Since the COVID-19 situation where stores were closed, the Company has successfully renovated 5 stores of Index Living Mall, including Rama 2, Kaset-Nawamin