equivalent to Baht 460,182,417.60. The Transaction on the Allocation of the Ordinary Shares for Payment of Shares of KPN Academy is a condition to enter into the Transaction on the Investment in the Ordinary

from the Board of Directors’ meeting No. 5/2020 of NBC held on 25 May 2020 and shall repay the consideration of the purchased shares in GNET after the condition precedents specified in the Share Purchase

ordinary shares have been traded on the SET for 6 months according to the Notification of the Stock Exchange of Thailand Re: Criteria, Condition, and Procedure in Considering an Application to Approve to

Administration. MACO will leverage the benefits of digitalising its prime media inventory - such as higher visual impact advertising - by converting its existing 188 static street furniture panels to 42 LED

suitable and in line with other companies in the same industry. Administrative Expenses For the years ending 31 December 2018 and 2019, administration costs increased from THB 448.6 Mn to THB 489.7 Mn

construction has been completed during early of Q2/2017. In addition, recognition of administration and maintenance cost of assets will begin after the acceptance of construction work. However, direct cost of

expenses. As a result, the selling expenses increased from the previous year. Management's Discussion and Analysis and operating results for the Year 2017 Page 5 / 10 3.5 Administration expenses The overall

selling expenses as increasable. 3.5 Administration expenses The Group's administrative expenses increased amount Baht 19.47 million or 23.95 per cent. Due to the administrative expenses of the new business

, (ii) management income of THB 43mn from property management and administration service rendered and (iii) other (sundry) income of THB 122mn. HOSPITALITY SEGMENT HOTEL PORTFOLIO AND PERFORMANCE SNAPSHOT

this year. 3.4 Administration expenses The Group's administrative expense was increased from the same period of previous year in an amounting of Baht 37.57 million or 147.56 percent. Mainly came from Hi