statements of the Company 7. Proceeds Utilisation Plan WCIH will have new cashflow for debt repayment and working capital. 8. Opinion of the Board of Directors on the entering into the transaction The Board of
partner to expand the business of Land and Houses financial business group. The company agrees in principle to issue 7,544,961,342 new ordinary shares or 35.6169 percent of the total paid-up capital. On
business potential of Land and Houses financial business group. The company agrees in principle to issue 7,544,961,342 new ordinary shares at Baht 2.20 per share totaling Baht 16,598,914,952.40 to offer CTBC
launch two more projects with the combined value of 3,500 million THB. Therefore, there will be the total of ten new projects launched throughout the whole year with the combined value of 14,000 million
of Land and Houses financial business group. The company agrees in principle to issue 7,544,961,342 new ordinary shares at Baht 2.20 per share totaling Baht 16,598,914,952.40 to offer CTBC Bank through
previous year. To this, selling expenses increased by 38.09 Million Baht or increase by 41.95%. The main factor was due to more number of new projects which resulted in more marketing &selling expenses than
marketing expenses (PR, promoting, advertisement, etc.) from the increase of 10 pre-sales project launches compared on the same period from last year. These new projects will result in the future revenue
of 2017, the Company’s associate, LH Financial Group Public Co.,Ltd., (“LHBANK”), issued new ordinary shares through a private placement to CTBC Bank Co.,Ltd, totaling 35.62% of the registered share
gain more revenue from these new distribution channels and also resulted to more efficient cost of sales management. However, the company had increasing financial costs from short-term loans from other
of the staff cost resulting from the increase of minimum wages and the employment due to the branch expansion, as well as the increase of the rents of the existing branches and new branches. Net Profit