popularity of grilled buffet and café-style restaurants. Although the economic slowdown and severe competition in the restaurant industry resulted in the decrease of same store sales, the Group focused efforts

risks from internal and external factors such as severe droughts, a rise in unemployment and household debt as well as the global outbreak of the Coronavirus (COVID-19) since early 2020. However, the

heavier rainfall than the previous year and severe flood in the western region of the Country. Nonetheless, after the rainy season has subsided, the consumers shall return in order to repair their residence

significant impact on economic activity in the second quarter of 2020. As the outbreak has intensified the government has been implementing stricter measures to tighten control over the pandemic, causing severe

the severe nationwide drought including Eastern area. Therefore, gross profit margin and net profit margin were down to 43.14% and 22.40% respectively. Return on Equity (ROE) and Return on Asset (ROA

government such as travel restrictions and the closure of venues considered high-risk areas including department stores, it is expected that the Thai economy in 2020 will have a severe contraction with latest

stores, have led to a severe contraction of the Thai economy in the 2nd quarter of 2020 which is expected to be the deepest recession ever recorded. On 8 July 2020, the Bank of Thailand further revised

contravention of the trust instrument or the relevant laws. Clause 19 In case the REIT manager is unable to perform its duties, the trustee shall manage the REIT as necessary to prevent, desist or limit severe

executives who have performed their duties with care and loyalty and more severe penalties may be imposed on directors or executives who commit a fraud.     Q: In case where the board of directors hires an

Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand JANUARY 2013 Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand January 2013 Acknowledgements This assessment of corporate governance in Thailand has been prepared by David Robinett, Ratchada Anantavrasilpa, and Catherine Hickey of the World Bank Global Capital Markets Practice, as part of the Reports on Observance of Standards and Codes Pro...