institutions specified at 1.50 - 2.00 percent per year. (7) Opinion of Audit Committee and/or directors of the Company different from Board of Directors and Audit Committee’s Opinion None

expense as a percent of sales decreased slightly to 12.9% in 1Q19 compared to 13.5% in the same period in previous year. Selling expense decreased in line with lower sales. Administrative expense decreased

higher breakeven point as well as an increase in the unit production cost. Administrative and Selling Expenses Selling, general, and administrative expense as a percent of sales increased slightly to 13.9

Transactions Deemed as Acquisition or Disposal of Assets. The size of the transaction is equivalent to 12.50 percent based on reviewed financial statements ended 30 June 2018 and it is not required to disclosure

ABT Auto Investments Limited 7,490 74.90 - 7,490 50.01 AAPICO Hitech PLC 2,410 24.10 4,927 7,337 48.99 AAPICO Investment Pte. Ltd. (a 100-percent subsidiary of the Company) 100 1.00 50 150 1.00 Total

, the Company had revenue from condominium sales of Baht 2,228.77 million, an increase of 1,499.19 million Baht or an increase of 205.49 percent due to the Rich Park @ Triple Station project completion

conditions in the loan agreement that if any borrower has defaulted on loan repayment, the Company will charge interest from defaulting loan at the rate of 7.5 percent per year. (Translation) 9. Opinions of

percent. To : President, The Stock Exchange of Thailand NCL International Logistics Public Company Limited and its subsidiaries (the "Company") would like to clarify the description and analysis of the

administrative expense as a percent of sales increased slightly to 13.2% in 1Q20 compared to 12.9% in the same period the previous year. Selling expense increased in line with higher sales. Administrative expense

Yoga and Scentimental (Thailand) accounted for only 7 percent of the Company’s total assets, these impacts will not have significant impact to the Company’s overall performance. 2. Impact on source of