connected transaction according to the Notification of the Securities and Exchange Commission. The details as follows: 1. Date of entering into the transaction December, 2017 – January, 2018 2. The Related

connected transaction according to the Notification of the Securities and Exchange Commission. The details as follows: 1. Date of entering into the transaction December, 2017 – February, 2018 2. The Related

expenses such as entertain and commission expenses, etc • Doubtful debts from the voiding of contract Year 2017, the Company and its subsidiaries have recorded account receivable from the voiding of contract

have the expenses of 80 MB decreased from year 2016 by 16 MB or 16.7 percent mainly decreased from the controllable of sales expenses such as entertain and commission expenses, etc  Doubtful debts from

goods sold in business agriculture and dairy farm increased Baht 2.57 million, to be 6% because animal feed price increased form the year 2016. (3) Commission income amount Baht 9.84 million, increased

. • Selling expenses increased by Baht 50 million which is principally due to higher property sales commission. • Administrative expenses increased by Baht 53 million largely as a result of higher payroll costs

Insurance Commission and/or other relevant authorities, in which Phoenix and related person shall comply with those Condition Precedent before the acquisition of shares. The aforementioned transaction

October 2009. -signature- (Vijit Supinit) Chairman Securities and Exchange Commission Remark: The rationale for issuing this Notification is to specify rules and to extend the scope of derivatives brokerage

November 2018. (Mr. Rapee Sucharitakul) Secretary-General Office of the Securities and Exchange Commission

. (Mr. Rapee Sucharitakul) Secretary-General Office of the Securities and Exchange Commission