million before tax. As the Company completely divested out of the media business, this transaction has led to the restatement in the Company’s income statement in Q3’18 by taking out all related items in
determine the total value of consideration The rental rate is the rate agreed between the parties by taking into account the market rental rate, throughout 48 years of lease period with the total amount of
item. 8. Opinion of the Board of Directors on the entering into the connected transaction After due consideration by taking into account the rationale and the best interests of the Company and its
Thailand regarding disclosure of information and other acts of listed companies relating to connected transactions B.E. 2546 (2003). Upon calculation of transaction value by taking into account the highest
, however, certain that Thailand and worldwide measures against spread of the COVID-19 will have adverse effects on the Company’s future revenues, operations and supply chains. The Company is taking several
2022. In response to COVID-19 pandemic, for the sake of health and safety of our clients, employees, shareholders and stakeholders as well as taking care of our partners being impacted from government’s
. Entrepreneur have been reducing cost in other side such as wages and utilities, by taking measure to temporarily reduce employment and wages. However, price increases are difficult due to decreasing purchasing
3.77 percent. (5) Debt Obligation The Corporate Group has policy to mitigate risk from interest fluctuation by taking long-term loan with fixed interest rate. Accordingly, as at March 31, 2020, the
. Impact from COVID-19 pandemic On 30 March 2020 the Company announced taking actions in response to the escalating COVID-19 pandemic by suspending its hotel operations temporarily. The temporary suspension