the transaction, Modern Company must adjust its business structure by buying out land and factory buildings as well as adjust all existing assets and liabilities of the company except tools, machinery

while the tourism growth decelerate from drop in arrival from Chinese visitors which was effected from the deadly Phuket boat accident. In addition the weak of Chinese Yuan against US dollar, resulting

it is partly offset by slowdown Thailand tourism after the boat accident of Chinese tourists in July 2018. Q3’18 operating performance Hotels Q3’17 Q2’18 Q3’18 Santiburi Beach Resort & Spa No. of room

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to adjust the cost. Payment, will be on 2019 after the board approves. Opinion of Board of Directors including Audit Committee The Board of Director’s meeting, where there was no directors who have

bargain purchase at the amount of 33.64 million baht in Q4/2018 but the actual acquisition transaction was completed in Q2/2018, so we adjust the financial statement of 2018 by recording such profit in Q1

, the changes are as follows: - 1) total assets as of 31 December 2018 before retrospectively adjust was THB 14,329.7mn and after the retrospectively adjust was THB 14,376.4mn, an increase of THB 46.7mn

competition, and the merger of the business of many companies etc. The company's policy in 2018 is to maintain its customer base and domestic sales both of adjust the sales strategies and products improvement

are illustrated as below: 1) total assets as of 31 December 2018 before retrospectively adjust was THB 14,329.7mn and after the retrospectively adjust was THB 14,376.4mn, an increase of THB 46.7mn. 2

December 2018 before retrospectively adjust was THB 14,329.7mn and after the retrospectively adjust was THB 14,376.4mn, an increase of THB 46.7mn. 2) the total shareholders’ equity as of 31 December 2018