Financial Advisor to comment on fairness of the acquisition value. The agreed price is based on the appraisal of Bangkok Property Appraisal Company Limited on 27 October 2017 and Chartered Valuation and
Adjusted Book Approach method (Book value as of December 31, 2017 is THB 213.55 million) which was appraised by Phet Siam Appraisal Company Limited, an independent appraiser approved by the Securities and
used in Value Measurement The price negotiation between the buyer and seller is referred to the appraisal of Sasirachada Co., Ltd. which determines the project value by using the cost approach and income
effective analysis, assessment, evaluation and monitoring of the risk management. Credit Risk Management Sub-committee and Corporate Governance Committee oversee project financing requests that could have
between the Company and debenture creditors, compared with the market value of Machines that appraised by Rich Appraisal Co., Ltd. the appraiser who is approved by the SEC, with an assessment for public
"). The value of consideration has been considered from the price negotiated between the Company and debenture creditors, compared with the market value of Machines that appraised by Rich Appraisal Co., Ltd
. Sales in 1Q18 represented new prices for delivery that took effect in January 2018 with an effective markdown of nearly 2%. Cost of Sales and Gross Profit The profit margin in 1Q18 dropped Q-o-Q and Y-o-Y
main factors for the increase were (1) the increased in marketing expenses and (2) increased in spending on delivery services fee such as Food Panda. Administrative Expenses Administration costs
increased marketing expenses for example increased spending on food delivery services fees such as Food Panda. Administrative Expenses Administration costs were THB 328.6 Mn in 2016 to THB 423.5 Mn in 2017
, which was mainly the decline in advance receipt of goods payment, i.e. deposit, from a new customer who ordered a large volume of products. Delivery of the products has gradually been made since Q1/2018