and would be completed in the similar time periods. This caused work overload and shortage of skilled workers Q4/2018 and into Q1/2019, resulting on cost overrun. Discussion and Analysis of the Company
greater than 3% of the net book value of the company's net tangible assets. Appraiser Company Appraised date Approach of appraisal Appraisal Value 1.BrentJoe Consens Consulting Company Limited February 3
Ended March 31, 2020 Audited FS FY2019 Audited FS FY2018 Total Assets 1,835 235 233 197 Intangible Assets 12 2 2 2 Total Liabilities 1,320 143 145 124 Total Shareholder’s Equity 514 93 88 73 Net Tangible
Calculation Size of Transaction (percent) 1. The net asset value of the tangible assets (NTA) (NTA of assets being acquired X proportion of acquisition) X100 NTA of the listed company Not applicable since the
started and would be completed in the similar time periods. This caused work overload and shortage of skilled workers Q4/2018 and into Q1/2019, resulting on cost overrun. And another reason is a one-time
represents increasing of loss 69 million Baht from Q2/2018’s profit of 7 million Baht. One reason for net loss is because of the work overload and shortage of skilled workers which started in Q1/2019 but with
oil and gas productions, utilizing strict quality and safety standards of the offshore industry. The Company has been provided skilled technical personnel to work on both onshore and offshore facilities
start-ups with high potential; (3) From traditional services to high-value services that provide more value creation; and (4) From low-skilled to high-skilled labor with knowledge and expertise. 4