notifies us in advance as deemed appropriate before such revision becomes effective, we agree to abide by the revised Standard Procedures or the Manuals as well. 1 . 2 We acknowledge and agree that upon
the investment in the construction of the Central Wastewater Treatment Plant and Collecting System of the Industrial Zone of Mandalay, the Republic of the Union of Myanmar which is deemed to an
Advance Receipts from Customers Advance receipts from customers take place when the Company can invoice and collect the customer payment based on the invoicing plan. Mostly they will incur when collecting
delivery and acceptance as per its scope prior to the billing conditions. Advance Payment for Goods and Services At the end of 2016 and of Q3/2017, the Company reports its advance payment for goods and
the Standard Procedures and the Manuals in all aspects. In the event that the SEC Office revises the Standard Procedures or the Manuals and notifies us in advance as deemed appropriate before such
SEC Office revises the Standard Procedures or the Manuals and notifies us in advance as deemed appropriate before such revision becomes effective, we agree to abide by the revised Standard Procedures or
in all aspects. In the event that the SEC Office revises the Standard Procedures or the Manuals and notifies us in advance as deemed appropriate before such revision becomes effective, we agree to
recognized as revenue once the installation and commissioning are conducted in relation to work progress. Other Current Assets Other current assets comprises of advance payment, undue VAT, A/R Revenue
revised expected useful life of Buildings, Plant Machinery and equipment is according to the Company’s consideration and review of depreciation in the past by collecting and analyzing information related to
advance, as from 30 November 2017 until 31 January 2018. The criteria have already been placed on the Company’s website http://www.vinythai.co.th. Please be informed accordingly. Sincerely yours, (Mr