of other companies with a purpose to gain control in such companies rather than to invest for ordinary returns; (8) “Subsidiary company” means (a) Any company whose 75 percent or more of its total

undertaking core business in holding shares of other companies with a purpose to gain control in such companies rather than to invest for ordinary returns; (8) “Subsidiary company” means (a) Any company whose

mainly by hotel business performance improvement and the gain from the sale of other long-term investment The Company reported 1Q18 revenue of THB 1,698 million, an increase of 12.5%, mainly driven by

other income amounted 15.3 million Baht compared previously year 18.1 million Baht. In Year 2018, Gain on sale of land and structures held for future development in amount of 167.8 million Baht and Gain

the disposal of assets Due to the entering into the Transaction of returning Spring’s License, the Company expects to gain the benefits as follows: Compensation as a result of this request for the

Satochi Company Limited Satochi Company Limited ("Satochi"), a digital asset broker, is obligate to submit a request for approval of major shareholder to the SEC office within the period

previous year. As previously informed, the Company is in the process of filing a request for rehabilitation process due to large amount of defaulted liabilities. The entering into business rehabilitation

5.1 percent increased, comparing to the previous year. As previously informed, the Company is in the process of filing a request for rehabilitation process due to large amount of defaulted liabilities

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. บรษัิท โกลบอลกรนีเคมคิอล จํากดั (มหาชน) Management’s Discussion and Analysis | 3 Note : (1) Adjusted EBITDA refers to EBITDA excluding impact of Stock Gain/(Loss) and NRV Operating Performance Table 1