war between the US and China caused demand to lower within the air transport and tourism industries. Jet (Kerosene) and Dubai crack spread (IK/DB) in 2019 averaged at 13.73 $/BBL, a decline of 1.65
government sector introducing stimulus packages, which would cause demand for fuel consumption in the industrial and transport sector to increase. Moreover, the excess of crude oil supply trends to decrease
limited to: energy capacity installed, electricity generated, greenhouse gas emissions performance of buildings, number of passengers carried by public transport, number of electric vehicles manufactured
from the difference of Book Value Ratio (1 : 4.31 shares) and negotiated Exchange Ratio (1 : 5.5 shares) consideration. In this regard, the Company authorizes a director that has no conflict of interest
Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two languages, the Thai version shall prevail
+ F1 F2 F3 Very strong capacity for payment of financial commitments - a minimal difference compared With AAA AA+ AA AA- Aa1 Aa2 Aa3 AA+ AA AA- Strong capacity for payment of financial commitments - it
investments means the difference between the book value and fair value of investment, which is determined by the Accounting Standard to be reported in the shareholders’ equity. 25. Retained earning (deficit
(deficit) in investments means the difference between the book value and fair value of investment, which is determined by the Accounting Standard to be reported in the shareholders’ equity. (Translation) -20
book value of the asset. 24. Revaluation surplus (deficit) in investments means the difference between the book value and fair value of investment, which is determined by the Accounting Standard to be
will be valued using fair value method and the difference in fair value will be reflected in Goodwill. However, the company remains committed to implement operational excellence and the optimization of