30 – 45 days, enough for the production and delivery in each month under quarterly and yearly contracts. Also, the Company is controlling and improving the rate of loss from production process. However
has adopted TFRS 15, Revenue from Contracts with Customers, on modified retrospective approach. As a result, AIS elected to recognize the cumulative effect of initially applying this Standard as an
contracts, licenses, and the registration at relevant assets to the Company. 5. SQL will transfer all employees under the operation of SQL to the Company according to the requirement under Thai labor laws. 6
) asset light expansion of Vienna House and AHS mainly via new management contracts and operating leases, (ii) office space renovation to enhance NFA and grow rental revenue together with expense control
cancellations of some of our long-term contracts. To resolve this situation, we are in the process of acquiring additional 40.0% in PBSB, allowing MACO to gain control over PBSB in order to maximise the selling
discontinuation of management contracts. The occupancy rate also increased by 1.2% to 73.8%. Overall ADR slightly decreased to MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 14 AUGUST 2019 U CITY PCL 2Q 2019 - MD&A (for
Standard No. 15 (Revised) : Revenue from Contracts with Customers, effective 1 January 2019 has impacted on the Company and its subsidiaries’ financial statement as follows : o Brand : Adjusting some
Changes in accounting policy and reclassification in 2Q19 During the three-month and six-month period ended 30 June 2019, the Company and its subsidiaries have adopted TFRS 15 “Revenue from Contracts with
) Sign, approve and perform any documents or contracts that necessary and relate to the redemption and transfering process of Land and Buildings which is approved by the Shareholders meeting or negotiated
yearly contracts. Also, the Company is controlling and improving the rate of loss from production process. However, the determined policy and controlling the rate of loss cannot eliminate all the risks