individual auditors’ engagement. The overall results of the inspection conducted on 13 audit firms in 2016 during the third cycle, which is between 2016 to 2018, indicated continuous improvement from the

year 131.9 million Baht or increased by 63% This was because the Company’s cash collection improvement. In the first quarter of 2018, the cash collection was 514.0 million Baht which increased from the

investment of THB 281 mn. Asset Enhancement Projects 1) CentralWorld started a phase-by-phase major renovation since 4Q16 and is expected to be progressively completed by 3Q18. Occupancy rate at the end of

, Thailand 2004 was a very challenging year for Thai economy and the capital market. We were faced successively with the adverse impacts of the SARs, the bird flu, and the oil price increases. But despite

of fundraising and benefit generation. In essence, the amendments support enhancement of digital token offering supervision with proper investor protection mechanisms and a focus on fair protection of

audit quality, training sessions on how to remedy the recurring deficiencies identified in several audit firms. Such efforts to develop audit 02 quality have evidently paid off with the improvement of the

this lower gross margin in 2019. However, The company believes that this investment would be a key factor for competitiveness enhancement in the long run. Selling and administrative expenses Selling and

percent of audit firms attain the ‘very satisfactory’ and ‘satisfactory’ results in client and acceptance and human resources element, while no audit firms experience ‘need improvement’ for those two

organized by the Asian Corporate Governance Association and the CLSA Asia-Pacific Markets. This is due to continuous improvement and revision of supervisory regulations together with information disclosure of

issued in July 2017. Compared to the preceding quarter, 3Q17 revenues grew by 4% with an improvement in net earnings of 12%, mainly attributed to higher contribution from NVD, lower SG&A expenses and