Derivative Warrants | SJWD13C2608A | DERIVATIVE CALL WARRANTS ON SCGJWD LOGISTICS PUBLIC COMPANY LIMITED ISSUED BY KGI SECURITIES (THAILAND) PUBLIC COMPANY LIMITED LAST TRADING IN AUGUST 2026 # A

บริษัท เอน็ซีแอล อนิเตอร์เนชั่นแนล โลจสิตกิส์ จ ำกัด (มหำชน) NCL INTERNATIONAL LOGISTICS PUBLIC COMPANY LIMITED No.NCL-M 10/19 May 14, 2019 Subject: The clarification and analysis of the management

. Transaction Date Month Year: January 1, 2020 - December 31, 2020 1 year period 2. Party Concerned: Tiger Distribution and Logistics Co., Ltd that has registered capital amount of Baht 20,000,000. Its core

COMPANY LIMITED MPJ: MPJ Logistics Public Company Limited NKI: THE NAVAKIJ INSURANCE PUBLIC COMPANY LIMITED NTV: NONTHAVEJ HOSPITAL PUBLIC COMPANY LIMITED OKJ: Pluk Phak Praw Rak Mae Public Company Limited

logistics. Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND. Tel: 02-0195000 The gross profit (after deduct costs of sales and service) decreased from THB

Company Limited Mitsubishi Electric Consumer Products (Thailand) Company Limited Melco Logistics (Thailand) Co., Ltd. which Mitsubishi Electric Corporation is also a major shareholder of KYE as well. 6

and (2) increased service cost of outsourced warehouse and logistics. Selling Expenses For the 9 months ending 30 September 2017 and 2018, selling expenses increased from THB 68.0 Mn to THB 81.4 Mn

for 3.05 million baht. The incomes obtained from logistics service charge and gross profit are slightly increased from the same period of the previous year but the net profit of the same period of the

to 24.1% in 2018 which was mainly due to the increased service cost of outsourced warehouse and logistics. Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250

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