Company’s Board of Directors regarding the entering into the transaction The Board of directors considered that the said transaction will benefit to the Company operations which related with the main business

Company operations which related with the main business and the transaction also is reasonable and will benefit the Company and shareholders. 11. Opinion of the Company’s Audit Committee and/or directors

, Room No.1901, 202 Huaikhwang District, Bangkok 10310 Tel. 0-2276-5924, www.kcproperty.co.th, Company’s Registration No. 0107536001133 1. Revenue from operations In summary, the Company and its

year ended 31 May 2018, the Company's net profit from continuing operations of the parent company was Baht 6 9 . 8 0 million, an increase from the same period last year. Baht 53.99 million or 341.49

Company and subsidiaries net loss from operations pursuant to the Consolidated Financial Statement in the amount of THB 51 million which significantly decreased from the same period of the previous year by

8.55 percent to 5.38 percent. Net Profit At the second quarter of Year 2019, the Company and subsidiaries net profit from operations pursuant to the Consolidated Financial Statement in the amount of THB

2016 to Bt6,576 million as of December 31, 2017; short-term debt as well as the long term loan decreased due to increased cash flow from operations and as the Company repaid the long-term loan in advance

debt increased for working capital, while the long-term loan decreased due to increased cash flow from operations and as the Company repaid long-term loans in advance. As of June 30, 2018, Net Interest

: The company is engaged in manufacturing operations for ladies’ apparel products, covering the range of ladies’ lingerie, ladies’ outerwear, and childrenwear, with ladies’ lingerie category serving as

a significant drop in foreign tourist visitors and limit domestic travelers from country lockdown. Given the situation, the Company decided to temporarily close hotel operations and change its