. Meanwhile, farm income declined due to a more-severe-than expected impact of the drought. The Bank of Thailand reduced Thailand’s economic growth projection for 2020 to contract 5.3% (as of March 2020
in economic momentum, the Bank of Thailand revised down Thailand’s economic growth forecast for 2019 to 2.8% (as of September 2019); compared to previous projection at 3.3%. Moreover, the growth
terminal growth rate and discounted rate used in the assumptions are based on management of the subsidiary’s judgment and past experience and business plan, as well as the future prediction that is believed
assumptions are based on management of the subsidiary’s judgment and past experience and business plan, as well as the future prediction that is believed to be reasonable in the present situation and compared
, as well as the future prediction that is believed to be reasonable in the present situation and compared to the carrying amount of assets related to the licenses. Conclusion : The Group reported a loss
distribute water supply to some part of Phuket and Phang-Nga. Currently, GS and HYDRO has applied for license that associated with operation of water supply in Phuket and Phang-Nga, and forecast investment
of water supply in Phuket and Phang-Nga, and forecast investment budget and seeking contractor to Information Memorandum on Acquisition of Assets Bangkok Dec-con Public Company Limited (BKD) - หน้า 2
, past experience, business plans, and future projection that is believed to be reasonable in the present situation and compared to the carrying amount of assets related to the licenses. Conclusion : The
estimated number of visitors used in the projection was not disclosed.By virtue of Section 58(1) and (2) of the Securities and Exchange Commission B.E. 2535 (1992), the SEC therefore instructed PACE to