auditor’s understanding of his/her client. The planning and performing of these procedures, whether alone or in combination with tests of details, should be in accordance with the requirements of the relevant
The opinions of the Independent Financial Advisor on the connected transaction (For the purpose of translation only) 0 The opinions of the Independent Financial Advisor on the connected transaction by Thai Wacoal Public Company Limited Presented to Shareholders of Thai Wacoal Public Company Limited Prepared by 8 March 2019 This English report of the Independent Financial Advisor’s Opinions has been prepared solely for the convenience of foreign shareholders of Thai Wacoal Public Company Limited...
criterion. The combination of such transaction size and other transactions on the acquisition of assets occurring during 6-month period prior to the date on which the Board of Directors resolved to approve
associated with other underlying firm characteristics, for example, fundamentals, or the specific combination of growth, risk, and firm fundamentals. 3 Extensive studies have established a discontinuity in
capital, in combination with regular increases in reserves, the commercial banking system will continue to provide a cushion for NPL. Overall Picture of the Bank and its Subsidiaries Million Baht Item
combination (BGYSP) amount of Baht 276 million in Q3’2018 which would be amortised by Baht 12 million per annum along the PPA life. Share of Profit (Loss) of Associates and Joint Ventures • Share of profit from
% y-on-y in 2019 to Baht 289 million primarily attributable to gain from business combination (BGYSP) amount of Baht 276 million in Q3’2018 which would be amortised by Baht 12 million per annum along
thoroughly economic growth can spread to all sectors. However, given commercial banks’ relatively high capital base in combination with consistent increases in provisioning reserves, the commercial banking
possibility of integration Figure 3: Margins and Returns 6 into its existing businesses. The combination of a strong local company with recognized products and deep insights into the market with IVL’s global