of lower building repair expenses.  Selling expenses increased by Baht 46 million which is principally due to higher commission expense, specific business tax and transfer fee relating to property

. However, other revenues in 2018 caused by the gain from the transfer of rights and obligations in the land purchase and sale agreement in the amount of 5.34 million Baht. Personnel expenses For the year

. The specific business tax and transfer fees are in line with the income derived. 4.2 Administrative expenses For year 2016, the administrative expenses was decreased by Baht 483.74 Million or 95.70

transfer fees are in line with the income derived. 4.2 Administrative Expenses For year 2015, the administrative expenses was increased by Baht 393.34 Million or 350.84 percent compared to year 2014, due to

the market price by the estimated price as at December 31, 2015 amount of 263 million baht as well as using the assessed value of the Department of Land as at December 19, 2017 amount of Baht

(Table 5) consisted of: Table 5: Cost of Property Development (Baht 1,000) Net book value as at January 1, 2016 852,096 Purchases/transfer in 57,262 Disposals/transfer for (368,575) Loss on impairment of

ownership transfer of ordinary shares date or within 120 days from the date of the sale and purchase contract ordinary shares. • The seller must redeem the land from use as collateral the debenture within 120

at ownership transfer of ordinary shares date or within 120 days from the date of the sale and purchase contract ordinary shares. • The seller must redeem the land from use as collateral the debenture

with the investment value. In case that the company increases its capital, such capital increase shall be done before the transfer of share to Yunnan Water (Hong Kong) Company Limited (YUNNAN). 2/3 เลข

capital, the Company transfer money to advance capital to invest. Total Liabilities As at 31 March 2018, total liabilities was Baht 1,337 million, increased by Baht 131 million from the ended 31 December