Subsidiary and the Sellers at the consideration value of THB 315,000,000 which is lower than the price that has been valued by Adjusted Book Approach method. 7 7. Conditions of Transaction The ownership over
THB respectively with the gross margin 15.55% and 13.27%. In the first half of 2017, the Company reports the decrease of gross margin at 13.27% resulting from lower margin in some supply orders awarded
for 87.20 percent of total revenue of previous year. However, cost of good sold for the period of three months ended 30th Sept 2017 increased by 12.2 percent, saving by the lower increase in cost than
0107560000184 เว็บไซต ์http://www.icns.co.th In the quarter 1-3 of 2017, the Company reports the decrease of gross margin at 13.11% resulting from lower margin in some supply orders awarded in the first quarter
83mn, decreasing by 21.7% or THB 23mn, mainly due to lower revenue from Bangkok Smartcard System Co., Ltd.’s system and project management fees. The growth in the operating business is also reflected in
economic situations leaded to the Company gained revenue from sales and services for the year 2017 amounting to 459.26 MB. And it is expected that measurement to support the earners with lower income of the
revenue, lower production costs so that the bottom line could be achieved and better than the previous year. 3. Management’s Message Management’s Discussion and Analysis (MD&A) for year 2017 4 Overview of
increase more export volume, sales revenue, lower production costs so that the bottom line could be achieved and better than the previous year. 3. Management’s Message Management’s Discussion and Analysis
lower. In this regard, the calculation of the value of the transaction shall include the total value of the transactions executed over a period of six months between the property fund and the connected
held by the company under (b) and shareholding in each level exceeds fifty percent of the total number of shares with voting right of such company in the lower level; or (d) a company whose shares are