, more staff hiring in headquarter to serve expansion and new business plan and asset write-off, The percentage of Admin. / sales from 15% in Q2/ 2017 to 19% was mainly brought by Don Muang branch closing

”). Enclosure 3.3 Rational and background of the transaction As the conglomerate has a new business plan of 100% battery electric vehicle business, Rich Asia Industry Co., Ltd. (Subsidiary) will be the

canceled the production of tape and weaving process following the new business model to reduce the cost the purchasing of plastic resin through banking (TR) has been canceled too results in the financial

. However, in mid-2017, the Company launched the Studio Park to provide studio rental and related services. The review from the new business remained minor as it remained during an introduction period when

business Therefore, the company has increased expenses in the new business such as transportation cost which is the main distribution cost of palm oil trading business and administrative expenses in the

company has increased palm oil trading business from the distribution of tap water and tap water products business Therefore, the company has increased expenses in the new business such as transportation

as it offers an opportunity for the company to expand its business scope and increase its source of income and to cover new business line in the future.  Opinion of director and/or the audit committee

was approved for investing in new business and expand current business which will, by no means, disrupt GLOCON’s cash flow. 5 Opinion of the Board of Directors 1. The acquisition of dried fruit business

solar panels in area of the transmission towers, which is a new business. 1.6 Other income of 2.65 million baht, a decrease of 8.47 million baht or 76.19 percent due to the same period of the previous

million baht or 100 percent because of the third quarter of 2020 can recognize revenue from solar panel installation business in the signal tower which is a new business. 1.6 Other income amounted to 2.90