Asia, agreed by consensus in 2003. The White Paper was an ambi- tious undertaking for a region as diverse as Asia. The 2003 White Paper on Corporate Governance in Asia was the basis of this Report. Since

growth of the same store sales of the overseas restaurants are decreased by 11.7 percent due to a higher competition in a restaurant business and a continuous economic slowdown in Singapore. In 2017, the

S&P MD&A 2017-Revised Year In Comparison Table -1- Ref. POL. 028/2018 February 23, 2018 Re: Clarification of the Performance of S & P Syndicate Public Company Limited Dear The President The Stock

Commerce.  According to the study, the recording of accounting transactions by listed companies in Thailand can be further improved.  The study also reveals that most audit adjustments occurred from the

-up Capital after capital increase and UAC will be a major shareholder of UAPC at proportion of 63.75% of Total Paid-up Capital after capital increase. Since the decrease of holding portion in UAPC may

Limited, the Company’s direct subsidiary, holds 40 percent stake), the operator of a small power producer in Nava Nakorn Industrial Promotion Zone, invested in an expansion for an addition of 60 megawatts

Thai economy in the third quarter of 2018 had a positive trend in line with the expansion of world economy. The continuous growth from export sector and the implementation of advanced technology in

major receivables, which was famous automobile manufacturing companies in Thailand. As a result, the Company did not set the allowance for doubtful accounts. Average days sales of inventory were 20 days

with the installed capacity of 42.50 megawatts in Australia. (RAC held 100 percent stake in the Project). The Project has Power Purchase Agreement Braemar Power Projects, a subsidiary of Alinta Energy

shareholder in the amount of USD 9.51 million. The Company additionally received opportunity cost in the amount of Baht 10 million. Such sale of shares is a termination of joint investment for the development