) EmployeeStockOptionProgram growth of the company by providing opportunity for directors and employee to take part in the ownership of the business. Positive gains of the company will also benefit the shareholders. However
should develop and provide employee and shareholder handbooks that specify rights, entitlements and avenues for redress. Employee handbooks should describe company policies and procedures on matters such
protection of Brand and intellectual property rights, the setup of selective distribution networks, licensing arrangements, employee relations, distribution agreements and other areas relating to its business
employee expenses. Expenses from research & development, and innovation In compliance to NSTDA’s guideline, the Company reported research and development, and innovation expenses at Baht 1.19 million
finalized) but increasing of estimated employee benefit by Baht 2.72 million (because employee benefit was re-estimated). Shareholders’ Equity As at December 31, 2018, the Company has shareholders' equity at
to net realizable value based on inventory aging; and higher employee benefit obligations under severance pay of Baht 20 million for employees serving 20 years or more from 300 to 400 days, according
quarter last year. The reason was an increasing of employee remuneration, litigation expenses related to debt collection and cost of services in insurance business. The cost of services for 9 months in 2019
operating cash flow and additionally from proceeds of land sold. Employee benefit obligation increased due to higher retirement compensation rate stipulated by new law. The shareholders’ equity at the end of
still have a cost of compensation and early retirement of employee during the woven bag production base relocation. But in overall the expenses still less than in 2018. 5. Loss from sales and asset’s
Trade and other payables Current portion of long-term borrowings Employee benefit obligations • As of YE 2019 and 2018, Other current assets were THB 4.5 million and THB 0.6 million respectively. The THB