increase in selling expenses was in line with the percentage increase in sales such as transfer fee, specific tax and other fees etc. However, selling expenses of total sale in 2Q2018 was 16. 3% lower than

the same period of last year because of project management fee and interest income. Share of profit from investments in associated companies The Company and its subsidiaries had profit sharing from

Reflection Jomtien Beach Pattaya. - Revenues from hotel operations in Q2/2018 amounted 62.37 million baht slightly decreased by 3.68 million Baht or 5.57% from 66.05 million baht in Q2/2017. - Management fee

the Enclosure. The entering into aforementioned transaction is reasonable because the service fee of the Marketing Support Service Agreement is approximately THB 192.8 million which is higher than

million baht in Q3/2017. - Management fee income in Q3/2018 amounted 17.13 million baht increased by 8.75 million baht or 104.42% from 8.38 million baht in Q3/2017 due to the increase in revenue from

Baht 41.01 million or 3.28% from the same period of last year because of project management fee and interest income. Share of profit from investments in associated companies The Company and its

(Thousand Baht) 1 AGC Inc. (Japan) * Director Fee 1.000 2 AGC Inc. (Japan) * IT & Computer Services 46.400 3 AGC Inc. (Japan) * Technical Services 2.200 4 AGC Inc. (Japan) * Insurance Premium 0.600 5 AGC

the sales system and sales channels to be more efficient. (6) Transaction details Transaction value : Total amount of Baht 17,000,000.- Remuneration policy : - Sales management fee Fees depending on the

employees etc. 4.3 Other expenses 4.3.1 In Q2/2018, the doubtful account of company at Baht 1.25 million, increased Baht 1.01 million, increased 420.83%, compared to Q2/2017, which charged fee from join

Transaction value : Total amount of Baht 23,000,000.- Remuneration policy : - Sales management fee Fees depending on the scope of work, the location, number of jobs and number of sales staff - Information