to favorable energy prices. Total expenses were Baht 404.4 million, decreased by 5.2% through budget controlled measurement. However, due to the increment of temporary shutdown expenses and loss from

PowerPoint Presentation CORPORATE GOVERNANCE FOR ASIAN PUBLICLY LISTED FAMILY-CONTROLLED FIRMS Dr. Tony Tan, CFA Co-Head, Ethics, Standards & Professional Conduct 6 December 2017 Bangkok, Thailand

account recorded Baht 14.95 million as losses from investment in an associated company and a jointly-controlled entity, which decreased by Baht 9.70 million or 39.35%. The Company wish to explain the main

fitness center for three months. Consequently, the closure of the hotel’s facilities had significantly affected the hotel revenues overall. For expenditures, the Company carefully controlled costs and

ends on 21 June 2018. ______________________   Remark: Regulatory sandbox is a framework allowing business operators or developers to experiment with innovative products and services in a controlled

primary listing. Nonetheless, holding companies with majority of Thai shareholders or controlled by Thai shareholders will be subject to the rules applicable to Thai companies.?Development of Thai capital

corporate governance principles to family-controlled businesses, expectations from institutional investors and disclosure of beneficial ownership in businesses in Asia.    -------------* Established https

the COVID-19 epidemic which has resulted in a substantial decrease in the number of tourist arrival in Thailand. As a consequence, the occupancy rate in the first quarter of 2020 decreased compared to

project development cost also increased THB 357.0mn and an increase in short-term loans to jointly controlled entity of THB 260.1mn for deposit of land for new projects launched in 2019. (details in topic

: International Air Transport Association). Thailand tourism industry in fourth quarter of 2018 grew at 4.9 percent. Tourist arrival from Southeast Asia region had the highest growth at 20.4 percent, followed by