same period of 2019. This was mainly due to the new business in the form of In-store radio advertisement, events promotion and online content production. When deducted with the total cost of THB 16.88

products suitable for Thai consumers in Thailand. In general, the personal care business has a higher profitability than the beverage business. Therefore, the new business is expected to improve the

2022-2025, is the period of value creation when the Mixed Use project completion. The Company will realize the revenue from new business and also balancing the revenue from domestic and international as

of previous year. Main reason is from new business expansion of a subsidiary in B3 inaugurate in the 1st quarter of 2017 and not yet generate income to cover expenses. Some reason is from depreciation

condominium project between ORI and NRED during the last quarter are leading to the success of engaging in a joint venture agreement for the development of hotel and service apartment project which is the new

, etc. and some expenses to support for expansion of the new business line (2016, the selling expenses has not many transactions). Include the annual compensations, travelling expenses and exhibition

continued to collaborate with exiting and new business partners in order to offer more benefits and to expand our customer base. The Company also launched the marketing campaigns throughout the year. For

requesting for approval from senior management to open such accounts or establishing new business relationships. Clause 13. Securities company may rely on another financial institution to conduct face-to-face

management to open such accounts or establishing new business relationships. (Unofficial Translation) - 5 - Clause 13. Securities company may rely on another financial institution to conduct face-to-face

controls prior to requesting for approval from senior management to open such accounts or establishing new business relationships. (Unofficial Translation) - 5 - Clause 13. Securities company may rely on