interest of our members. Principle 3: Oversee asset managers to make informed investment decisions and engage in active ongoing monitoring of investee companies. Investment decisions should take into account
official announcement from the Thai Government in March regarding the temporarily closer of premises such as department stores, restaurants, spa and fitness center. Consequently, the closure of facilities in
fitness center for three months. Consequently, the closure of the hotel’s facilities had significantly affected the hotel revenues overall. For expenditures, the Company carefully controlled costs and
duties and responsibilities to the Board of Director on the following matters: - Review the financial reports (quarterly financial report and annual audited financial report) to oversee that the reports
of 25.0%, leaving 290bps gap to the 2nd player. - Fitness First project delivered more than THB 700 million cost/expenses saving in 2018, which drove Q4’18 Gross margin to 34.5%, +270bps QoQ. *Net
Q1’19 market share of 27.9% increased by 290 bps QoQ, leaving 900 bps gap to the 2nd player. - Gross margin improved 270 bps YoY to 34.8% in Q1’19 mainly contributed by the performance of Fitness First
Olympic Themed Card, which offering special privileges for sports and health lovers, including 4-time/month free access to leading fitness clubs, yoga classes, and Muay Thai gyms. In addition, the customers
, which impacted by COVID-19 outbreak and temporarily closed down studios since late March 2020 to end of May 2020 according to the government preventive measures. However, Expanding online fitness classes
Service Cash Fitness Direct Commissions Indirect Commissions - Commission to salesperson Incremental costs of obtaining a contract ? - Incentive to employees based on monthly sales target - Special bonus to
- TECHNOLOGY GROUP Approve risk appetite and all risk management policies and guidelines. Oversee overall risk management of the Financial Conglomerate to ensure its effectiveness. Ensure effectiveness of