210,000 shares at a price of SGD 1 per share. 30% of the total paid-up shares of WICE SG by cash payment of S $ 5 ,354 ,375 , or approximately 120 million baht, were completed in May, resulting in WICE

Increase (Decrease) % June 30, 2020 December 31, 2019 Asset . . . 4.56% Liabilities 441.98 . 80.03 22.11% Shareholders' equity 365.77 . (44.80) (10.91%) Issued and fully paid-up common share (Million Share

69,358,353.40. The shares increment is registered for paid-up from Baht 784,968,760.00 to Baht 1,280,385,570.00 equivalent to ordinary shares by number of 1,280,385,570 shares in the par value of Baht 1.00 per

decrease in net income from construction and set up of new franchise branches. Costs of Sales and Service Item 1st Quarter 2020 2021 Change THB Mn % (1) THB Mn % (1) THB Mn % Revenue from sales of goods and

/methods to follow up TPN to pay the debts. Please be informed accordingly. Yours sincerely, Preecha Nuntnarumit (Mr.Preecha Nuntnarumit) Chief Executive Officer

cost control. Consequently, sales expenses to sales revenue ratio dropped from 48.01% to 42.26% as the Company held up the sales, sale promotion, and marketing expenses. Table 6: Sales Expenses by Type

210,000 shares at a price of SGD 1 per share. 30% of the total paid-up shares of WICE SG by cash payment of S $ 5 ,354 ,375 , or approximately 120 million baht, were completed in May, resulting in WICE

. Net income in the first half of 2020 was up 15% compared to the same period last year 3.2. Assets, Liabilities & Shareholders’ Equity On May 13, 2020, the Company acquired 99.79% ordinary shares of Thai

Issued and paid-up share capital 1,316.25 1,316.25 - 0.00% Premium on ordinary shares 264.33 264.33 - 0.00% Surplus - warrants 310.00 310.00 - 0.00% Retained earnings (1,824.19) (1,624.52) (199.67) 10.95

compared to 94 days as of 31 March 2020. AGEING OF TRADE RECEIVABLES (THB mn) 31 MARCH 2020 30 SEPTEMBER 2020 Not yet due 176 150 Up to 3 months 182 108 3 - 6 months 76 86 6 - 12 months 12 109 Over 12 months