employee expenses and legal expenses. 4. Allowance for doubtful accounts and damages from lawsuit In year 2019, the Company has reversed of allowance for doubtful accounts due to the repayment from the

Re: Particulars of Notice Calling Shareholders’ Meeting of Listed Companies to Obtain Approval for Issuance and Offer of Securities for Sale

decrease in allowance for doubtful account of Baht 3 million since the company has a better policy to collect money from customers. Furthermore, loss on exchange rate declined by Baht 7 million from prior

reason is from the decrease in allowance for doubtful account of Baht 14 million since the company has a better policy to collect money from customers. Furthermore, there is a reversal of allowance for

for doubtful account of Baht 14 million since the company has a better policy to collect money from customers. Furthermore, there is a reversal of allowance for diminution in value of inventories of

construction materials and the risen of wages; and (2) The Company has been unable to obtain the financial support from financial institutions since 2015 due to major legal cases derived from the negative impact

the amount of Baht 6.38 million or 4.91% when compared to the year 2017. 4. Allowance for doubtful accounts and damages from lawsuit The damages from lawsuit decreased when compared to the year 2017. In

Limited and its subsidiary for the first quarter ended 31 March 2018 represented a loss before the provision for doubtful accounts of Baht 3.72 million. Inclusive of the provision for doubtful accounts of

recognized doubtful account increased amount of 856.74 million Baht from the same period last year which is estimated from unpaid debtor. Such estimation are based on the Company’s regulations related

for doubtful receivables, effective tax rate, order backlog, labor force, LIFO earnings, and audit qualification. 6/29/2015 23 Empirical Test – Q2 • Each fundamental signal is binary variable. I assign