derived from revenue generated from Outrigger group being acquired on 12 June 2018 as well as Crossroads project officially opening on 1 September 2019. 9M19 Net profit at THB 702m, or 33% decline YoY
gross profit margin in the second quarter of 2017 was 59.8%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level
: Calculation Bases Calculation Formula 1. Net Tangible Assets (NTA) = (Sum of percentage of shares to be acquired x Net value of the assets of the selling company) x 100 / Net asset value of the buying company
from that of the same period of last year. Major Developments in 9M17 • Approved in the EGM 1/2016, in 1H17 the Company acquired 60% stake in NVD, previously called Daii Group Plc. (‘DAII”), through the
lease payment of Singha Complex. Major Developments in 2017 • Approved in the EGM 1/2016, in 1H17 the Company acquired 60% stake in NVD, previously called Daii Group Plc. (‘DAII”), through the following
Thailand 1. Analysis of Overall Operating Results for the Company and its subsidiary 1.1 Important circumstance during the year In April 2018, the Company acquired 800,000 ordinary shares of Aesthetic Zecret
factories and warehouses. The gross profit margin in the first quarter of 2019 was 48.8%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting
calculation of transaction value 1. NTA = Not used because the acquired asset is real estate 2. Net profit = Not used because the acquired asset is real estate 3. Total Value of = Total Project value / Total
the Board of Directors to certify the above transaction. Calculation of transaction sizes based on comparative criteria Criteria Calculation Value (percent) 1. Net asset value NTA assets to be acquired