(“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the year ended 31 December 2018, which net profit has changed more than 20% from the last year as

, and the machineries for internal lacquer production. Total price of the transactions is 6,047,500 THB or percentage 1.43 of the Net Tangible Asset, which is greater than 0.03 percent and less than 3

increased in the same direction but the increased rate of the total operating expenses in Q2–2019 was much higher than those two compared quarters that were compared. It showed that the increased rate in

staff and erection staff that was not able to occupy full capacity and the expenses for the erection was higher than estimated budget. The Company recorded an impairment of inventory which was higher than

to ASB Cambodia. 4. In order to comply with the regulation of Otoritas Jasa Keuangan (“OJK”) (Indonesian Financial Service Authority) that ACSI is required to have local shareholders not less than 15

which is less than 15% (section 6.3), therefore, the company is not required to process any matter. 4. List of assets and total return value or acquisition or disposition of assets 4.1 Acquisition

Justification_E_4-62 NO. AC. 01/2020 28 February 2020 Subject: Clarification of changes in operating performance of more than 20% To: The President of the Stock Exchange of Thailand M. K. Real Estate

percent, respectively. The increase in gross profit margin was mainly because the average unit selling price increased at a higher rate than the increase in the average cost of sales per unit. Such increase

percentage 1.60 of the Net Tangible Asset, which is greater than 0.03 percent and less than 3 percent of Net Tangible Asset (NTA) of the company, calculated from the consolidated financial statements of the

Company’s ordinary shares decreased and became significantly lower than the market price as at the date of the resolutions of the Meeting of the Board of Directors of the Company No. 13/2018 from Baht 5.99 to