percent but lower than 50 percent, resulting in the Company being obliged to prepare the information of the disposal of asset transaction, disclose the information memorandum on the entering into of the

future diaries, the ewspapers: production, up and the experience e made by eriod of no eting. The ition of the conditions dder, under lower than ines on the ions on the uctures, the   C c s a a s N Company

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

held by the company under (b) and shareholding in each level exceeds fifty 3 percent of the total number of shares with voting right of such company in the lower level; or (d) a company whose shares are

the lower level; or (d) a company whose shares are held by a parent company or other companies under (a), (b) or (c), whether directly or indirectly, by itself or combing with others exceeding fifty