In 2013, the Company’s management terminated the employment contracts of certain employees in accordance with the
Please help to amend the below clause as per red text (Last page).
management’s decision to reengineer the production line involving huge labor costs. This resulted in a redundancy of employees
who were offered a mutual separation scheme. Total mutual separation expenses of Baht 4.0 million were included in administrative
expenses in the statement of income for the year ended March 31, 2014.
Revised to :
In 2013, the Company decided to reengineer the production line. This resulted in a redundancy of employees who were offered a mutual separation scheme.
Total mutual separation expense of Baht 4.0 million were recognized as an expense in the statement of income for the year ended March 31, 2014.