transfer fees are in line with the income derived. 4.2 Administrative Expenses For year 2015, the administrative expenses was increased by Baht 393.34 Million or 350.84 percent compared to year 2014, due to

4.3% YoY to THB 1,462mn mainly due to the expansion of hotel business through new hotels launch, through new acquisitions and the contribution from acquired assets under the Entire Business Transfer of

with the investment value. In case that the company increases its capital, such capital increase shall be done before the transfer of share to Yunnan Water (Hong Kong) Company Limited (YUNNAN). 2/3 เลข

the Transaction On 19 June 2018, the Company signed the Binding Term sheet in relation to OKEA AS and the Deposit Repayment Agreement, which is effective upon the signing of the Sale Purchase Agreement

expenses. Specific business tax and transfer fee were in accordance to revenue. 4.2 Administrative expenses In the first quarter 2019, the administrative expenses at Baht 23.09 million, increased Baht 0.84

million or 12.01% compared to the same period of 2018 because company and subsidiaries had less advertisement and promoting expenses. Specific business tax and transfer fee were in accordance to revenue

to the same period of 2018 because company and subsidiaries had less advertisement and promoting expenses. Specific business tax and transfer fee were in accordance to revenue. 4.2 Administrative

promoting expenses. Specific business tax and transfer fee were in accordance to revenue. 4.2 Administrative expenses In the second quarter 2020, the administrative expenses at Baht 43.47 million, decreased

expenses. Specific business tax and transfer fee were in accordance to revenue. 4.2 Administrative expenses In the first quarter 2020, the administrative expenses at Baht 24.94 million, increased Baht 1.85

and transfer fee were in accordance to revenue. 4.2 Administrative expenses In the third quarter 2020, the administrative expenses at Baht 73.01 million, increased Baht 0.25 million or 0.34% compared to