been determined based on value in use calculation using 5 years cash flow projections. Loss on impairment of equipment and intangible assets was 3.1 million baht. However it was non-cash item which no

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...

evidence shows that there exists a discontinuity in reported earnings distribution around three earnings benchmarks, i.e. zero earnings, previous period’s earnings, and analyst consensus earnings forecasts

capital remains uncertain. This is subject to the exercise of the warrants to purchase the Company's ordinary shares. The capital increase and the use of this capital increase are the projections. The

. (2012) find that IT control deficiencies affect management forecasts. The management forecasts will be less accurate with the existence of material IT control deficiencies. 3 Why DO WE NEED To Audit IT

to the refusal of payment by check from the bank that the debtor has paid to the Company. The Company forecasts the risk of debt repayment, and thus have operated according to the law. In 2016, the

(moved into current liability as explained in 2.1) But the employee benefit obligation increased by 4.82 million baht because the company has recalculated the projections effect by the increasing of the

farmers to tax relief. The main lime consuming sectors of the industry had limited impact from Covid-19 in Q1 by the macro economy. However, the forecasts are for a drop in demand in the coming quarters as

at full capacity with two shifts in most of plants locally and globally. Looking ahead and based on the forecasts from OEMs, 2021 is expected to be a better year than 2020. Yours sincerely, Mr. Yeap

empirical questions related to three earnings thresholds; zero earnings, prior periods’ earnings, and earnings forecasts (e.g. Barth et al., 1999; Bartov et al., 2002; Kasznik and McNichols, 2002; Brown et al