329.68 5.28 Selling and distribution expenses 68.89 63.23 8.95 66.19 4.09 216.39 195.29 10.81 Administrative expenses 42.17 46.09 -8.50 58.55 -27.98 130.69 134.40 -2.76 Earnings before interest and taxes

., Ltd. ” 13. Tiger Distribution & Logistics Co., Ltd. ” 14. K. Commercial and Construction Co., Ltd. ” 15. Sun 108 Co., Ltd. ” 16. SSDC (Tigertex) Co., Ltd. ” No. Related Parties Relationship 17. Kai I.T

% Cost of sales (290.46 ) (600.93 ) 310.47 (51.66%) (98.17%) (84.80%) GROSS PROFIT 5.42 107.69 (102.27 ) (94.96%) 1.83% 15.20% Distribution costs (26.13 ) (35.11 ) (8.98 ) 25.58% (8.83%) (4.95

% 100.00% Cost of sales (290.46 ) (600.93 ) 310.47 (51.66%) (98.17%) (84.80%) GROSS PROFIT 5.42 107.69 (102.27 ) (94.96%) 1.83% 15.20% Distribution costs (26.13 ) (35.11 ) (8.98 ) 25.58% (8.83%) (4.95

. • Purchase, development, allocation and distribution of commercial land to the company and the general both inside and outside the industrial estate. • Industrial and commercial projects for sale include

Management Discussion and Analysis Q2/2020 Page 1/6 JAS Asset Management Discussion and Analysis Q2/2020 Retail Synergy Management Discussion and Analysis Q2/2020 Page 2/6 J63/015 11 August 2020

and rendering, exercise equipment rental and distribution services during the temporary studios close down have significantly helped boosting profitability and also alleviating the COVID-19 impact. In

consistent increase in its retail channel sales; the main distribution channel, from the Company’s strategy to enlarge its customer base, and debuted the B20 Diesel product in tandem with a special price

infrastructure business; (5) the shares issued by a company that: (a) invests in (1) (2) (3) or (4) collectively not less than seventy-five percent of the company’s total asset value or has an income deriving from

: Information Memorandum on the Asset Disposal, Schedule 1 of Rich Asia Corporation Public Company Limited Reference to the Board of Directors’ meeting of Rich Asia Corporation Public Company Limited (“the