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
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
). 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
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
the date of this transaction, it will make the total transaction size equal to 9.20 percent of the Company’s total asset value. The transaction size does not fall within the scope to report information
tangible assets as at September 30, 2019 amounted to Baht 697.89Million), and fall into the category of short-term rent/lease of real property with a period of not exceeding three years which the Company is
- fall within the disclosure requirements under the Notifications of the Capital Market Supervisory Board No. TorJor 20/2551 re: Rules on Entering into Material Transactions Deemed as Acquisition or