value or having the income derived from the operation of the assets under (a) (b) (c) or (d) not less than seventy five percent of the company’s total income in each fiscal year; and 2. having its shares

of Transaction Value: Value of acquisition of assets has compared to value of total assets of the Company by comparing with actual buying and selling price of the land that is located nearby

at a price of Baht 9.645 per share in the amount Baht 407.50 million. The Company has determined the estimated value of assets by the WPS is worth more than book value, including the draft contract SPA

133,547,451 shares at a price of 2 baht per share with a par value of 1 baht per share. As the result, the issued and share premium increased. Unappropriated Retained earnings increased by 40.9 MB or

the THB that affected the value of the Company’s overseas assets. • Net debt to equity ratio as of 31 December 2019 stood at 0.48x, an improvement from 0.55x in 31 December 2018. SIGNIFICANT EVENTS

compliance with the following regulations: (1) an offer for sale of units of ASEAN Collective Investment Scheme to institutional investors, ultra-high net worth investors, high net worth investors or big

to the decreasing in the selling weight and the overall selling price as well. Eventually, there were the impacts to the lower gross profit in the current quarter as well. For nine months ended 31st

2019: Disposal of asset. The Company entered into the Share Sale and Purchase Agreement to dispose ordinary shares in a subsidiary, Mo Chit Land (MCL), worth THB 4,320mn to Sino-Thai Engineering and

or decreased by 21.6% while compared to the same period of last year which the net profit was Baht 102.77 million. Net profit decreased for the first half due to lower average selling price of raw

companies see value in outsourcing HR/payroll services, to allow their own HR team to focus on their own businesses. We experienced better growth in Thailand and T.662 636 6999 F.662 646 4200