expenses mainly include salary, employee and management benefits, office rental, travel expenses, and professional fees. In Quarter 1 of 2019, the increase in administrative expenses is mainly due to (1

same period of the previous year (Quarter 2 of 2018: THB 9.69 million). Administrative expenses mainly include salary, employee and management benefits, office rental, travel expenses, and professional

investment property, professional fees in relation to M&A activity, sales & marketing expenses for the launch of new residential projects, write-off/impairment of asset, one-time income/expense, etc

1 ผลการรับฟังความคิดเห็นจากผู้ท่ีเกี่ยวข้อง (hearing) หลักการ เร่ือง การวิเคราะห์หรือให้ค าแนะน าการลงทุนโดยบุคลากรจากต่างประเทศ ภายใต้ ASEAN Professional Mobility Framework 1. การรับฟังความคิดเห็น

salary, employee and management benefits, office rental, travel expenses, and professional fees. In Quarter 3 of 2019, the increase in administrative expenses is mainly due to (1) increase in allowance for

-measured to fair value of investment in associate (CAZ) before the step acquisition on 7 April 2016 amounting of 19.26 Million Baht. 7. Administrative expense for the Group increased amounting to 30.86

been. However, in the long term, the Company is confident that it will be able to grow sustainably, as the Company has been operating in accordance with its direction and strategy step by step as planned

million Baht or 42% from year 2017. The main reason was the increased in employee expenses, professional fee, depreciation and amortization. 9. Litigation In September 2018, the Company was sued by a

sales.  Administrative expenses decreased by Baht 159 million largely as a result of lower payroll costs, legal & professional fee and rental expenses. Share of profit from investment in associates

professional law firm for maximizing the Company's benefits. The cost of litigation fees in the year 2017 are in the total of Baht 12.69 million. As for other administrative expense, the Company still maintain