positions, and oversee the executives’ and the management’s performance to optimize corporate efficiency and investors’ returns. Meanwhile, the shareholders have the right to be well-informed, make decisions
necessary for informed investment decision making. This is based on a proper understanding of the company’s strategic objectives, as well as the financial and non- financial risks and opportunities that may
16 November 2017 to notify the Company in order to clarify the reasonableness of the assumptions used in the fair value measurement as well as publicly disclose the information. The Company engaged the
progress of MahaSamutr Villas are 95% completed. In Q2 2018, the Company transferred the ownership of MahaSamutr project totaling of 2 villas and recognized revenues of 101 million Baht. The Company expects
of mainly indirect staff cost, office rental and depreciation & amortization. The increase in SG&A is mainly attributed to the write off of 16.97 mb of accrued work-in-progress resulting from
NACC Integrity Awards 2019” investor bases in Hong Kong and China1. In addition, it provides a tangible progress in building economic relation between Hong Kong and Thailand in accordance with the
over the next few months as we progress into more advanced stages of our projects. We continue to see good pipeline in domestic demand in Thailand for both HR and ERP projects. Other Income Other income
previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract that has continuously awarded since 2018
1,166 million or 2% decrease from the end of 2019 (as of 31 December 2019). This was mainly due to a decrease in land and construction in progress as well as land and project development costs by Baht 970