Company Limited ("IFEC"), acquired the knowledge from the Board of Directors Meetings No. 11/2016, held on 1 November 2016, that IFEC faced a problem with insufficient cash flow to pay off its

(English Translation) Page 1 Date : 5 February 2018 Subject : Notification of the Board of Directors’ Resolution Concerning the Plan to Spin Off its Subsidiary and to List Shares on the Stock

, the drought conditions and the delay in FY2020 budget. However, the economy will be supported by a gradual global economic recovery following easing trade tensions and reduced risks of a no-deal Brexit

วนของระยะเวลาการมีผลใชบังคับ ของแบบ filing (“cooling-off period”) เห็นควรกําหนดระยะเวลา cooling-off period สําหรับ Infra Trust Bond โดยคํานึงถึงระยะเวลา cooling-off period ในการเสนอขายหนวยทรัสตประกอ

หวา่งสหรัฐฯ และจีน และ Brexit ซึ่งเหตกุารณ์ทัง้สองมีสว่นสง่ผลให้ ตลาดการเงินเข้าสูภ่าวะกลวัความเสีย่ง (Risk-Off Sentiment) นกัลงทนุจึงเพิ่มสดัสว่นการถือครองสินทรัพย์ปลอดภยัเพิ่ม มากขึน้ ส่งผลให้มีกระแส

(9.0%) 56(9.6%) (5.9%) One-off Extra exp. -3(0.5%) 6(1.1%) (145.7%) Company 50(8.5%) 62(10.7%) (19.8%) TBSP 55(9.2%) 42(7.0%) 31.4% In 2Q19, Company reported consolidated Selling & Administrative

, more staff hiring in headquarter to serve expansion and new business plan and asset write-off, The percentage of Admin. / sales from 15% in Q2/ 2017 to 19% was mainly brought by Don Muang branch closing

(9.3%) (1.3%) One-off Extra exp. 6(0.9%) 1(0.2%) 389.3% Company 61(9.7 %) 57(9.5%) 6.8% TBSP 40(6.5%) 43(7.1%) (7.2%) In 3Q19, Company reported consolidated Selling & Administrative expenses of THB 101

deal. Selling and Admin Expenses % Selling and admin expenses to revenue of Q2 2017 and Q2 2016 are 58.18% and 52.11% respectively. The no. of staff has to be retained in order to maintain the standard

to the efficiency of food waste control and raw material purchasing in term of better price and volume deal. Selling and Admin Expenses % Selling and admin expenses to revenue of Q2 2017 and Q2 2016