recognized in accordance with Matching Principle. It will rise or fall commensurate with rise or fall in revenue from sale of properties. Gross margins for the 3-month period ended 31 March 2018 and 2019 were
accordance with Matching Principle. It will rise or fall commensurate with rise or fall in revenue from sale of properties. Gross margins for the 6-month period ended 30 June 2018 and 2019 were 41.55% and
companies over the course of each year, focused on issues that may fall outside the scope of our analysts’ normal, ongoing due diligence meetings with companies. More than 80 percent of these engagements are
measurements, global lockdown, and international travel restrictions that led to the collapse of tourist arrival numbers. Plus, Thai export and import slumped on the weak demand which dampened domestic economic
). Management Discussion and Analysis For the Year Ended December 31, 2018 Page 3 1.5 The Collapse of the Saddle Dam of Xe-Pian Xe-Namnoy Hydroelectric Power Project On July 23, 2018, the Saddle Sam D of Xe-Pian
to the same period of the previous year resulted from the fall in overall sales revenue of the Company with the exception of facial cleansers and gift sets which grew at a rate of 6.70% and 50.72
relationship with the Company. The transaction, therefore, is not fall within criteria of connected transaction under the Notification of the Capital Market Supervisory Board No. TorChor.21/2551 Re: Rules on
million at the exchange rate of 1 USD = THB 31.77 and will be approx. 1.76 percent of the Net Tangible ASSET Value (NTA). The above transaction will fall under ‘transaction relating to assets or services
above transaction will fall under ‘transaction relating to assets or services’ as prescribed in the notification of the Capital Market Supervisory Board No. Thor Chor 21/2551 Re: Related Parties
emerged from the public, whether an ICO can be done legally, particularly whether it falls under the SEC’s regulations. Figure 1: ICOs that fall under the SEC’s purview 1.4 In cases where an ICO constitutes