volatility described above, the Company remains confident in the long-term potential of the DW business. As market volatility declines we expect the DW business to return to normal. Please be informed

patients. Administrative Expenses Administrative expenses were unchanged yoy. Earnings before interest, taxes and depreciation (“EBITDA”) EBITDA (not included other income) deteriorated by both in term of

MB from December 31, 2019 due to the decrease of bank overdraft and short-term borrowings by 46.4 MB, increase of account payable and other payables by 64.4 MB, increase of income tax payable by 8.2 MB

were to reduce the business risk and increase revenue from recurring business in the long- term. For the total gross profit (excluding sale of vacant land), the proportion of gross profit contributed

the capital market mechanism). As of March 31, 2020 total liabilities amounted to Baht 1,048.5 million decreased by Baht 108.4 million or 9.4%. - Short-Term loans increased Baht 81 million (Used to

projected. • Redemption of debenture in January 2020 in the amount of THB 300 million • Repayment of short-term borrowings from related parties in the amount of THB 20.85 million. Shareholders’ Equity As of

-420-1825 ต่อ 6515 บริษัท ฟอร์ท สมาร์ท เซอร์วิส จ ากัด (มหาชน) FORTH SMART SERVICE PUBLIC COMPANY LIMITED Company in the long term and acquired in Book Value price has suitability. Opinions by the Audit

annum. 4.2 Payment term 4.2.1 Paying monthly service of warehouse amount 1,611,000 Baht per month. 4.2.2 Paying monthly service of loading up and loading down of goods and lifting of container of goods

/square meter/month. 4. The total value of the consideration: 4.1 The total value of transaction. The rent and service of office at 17,894,880 Baht per year. 4.2 Payment term Paying monthly rental at

rate is 430 Baht/ square meter/month. 4. The total value of the consideration: 4.1 The total value of transaction. The rent and service of office at 5,160,000 Baht per year. 4.2 Payment term Paying