with InsurTech platform. For the operation of debt management last year, the Company acquire distress debt amount 21,003 million Baht in term of outstanding balance of bad debt. The Company’s strategy is
limit for issuance and offering of debentures to be in an outstanding amount not exceeding Baht 45,000 Million from the existing amount not exceeding Baht 35,000 Million Opinion of the Board: It deemed
exceeding Baht 3,733,000. Item 8 To consider and approve an increase in the amount limit for issuance and offering of debentures to be in an outstanding amount not exceeding Baht 45,000 Million from the
, especially when it compared to the Q4–2018. This is because the gross margin in Q4–2018 was a relatively low. In addition, it had recorded the allowance for doubtful accounts for long outstanding receivables
collection history, aging profile of outstanding debts and the prevailing economic condition. Management believed that allowance for doubtful accounts is adequate in the current circumstances. Inventories Unit
result of the License return shall be deducted by the outstanding license fee. The residual compensation, after a deduction of license fee, equals to Baht 675.76 million. 3.2. Calculation of the
Q2–2019 shows the increase of its outstanding from Q1–2019 and Q2–2018 which were in line with the increase in revenue. In addition, In Q2–2019, there was an additional reserve for employee benefits
accounts, amounting to Baht 55 million and Baht 55 million, respectively. The Group’s policy on allowance for doubtful accounts is based on past collection history, aging profile of outstanding debts and the
able to collect long-outstanding account receivables, resulting in a reversal of reserves for doubtful debt for period of THB (0.08) million Administrative expense for the first quarter of 2018 consists
outstanding debts and the prevailing economic condition. Management believes that allowance for doubtful accounts is adequate in the current circumstances. Inventories Unit: Million Baht Consolidated financial