. The details are as follows: Name of the Company: Dolsiri Development Co., Ltd. Objective: To develop, rent out and manage real estate projects Registered Capital: 1,000,000 THB (One Million Baht Only
such asset; “association” means the association related to securities businesses whose establishment is approved by and registered with the SEC Office with the objective of promoting and developing
) Project 4) Objective Working Capital for development of projects. 1.2 To extend the loan amount of 110 million baht (Due date on January 15,2019) in the new loan amount of 110 million baht for 1 year. 1
, travelling expenses and professional fees. In 2018, the increase in administrative expenses are mainly due to (1) increase in employee and management expenses from new hires supporting business expansion of
expansion into business factoring loans, the Company has continuously grown in term of factoring loan. The credit approval is increasing and no non-performing loans due to the strict criteria of customer
of continuous expansion of Thailand’s economy. This is mainly driven by export sector, which enables to be well expanded including with gradual recovery of domestic economy significantly driven from
days in advance. The company had expenses related to new recruits for new three branches and one branch expansion in the first half of 2017. In contrast, the Company opened only two branches of Maygori
property to reserve for its expansion projects regarding the committed growth and sustained profitable on such investment to all shareholders as per attached information memorandum regarding the connected
holds shares in TSE. 8. Expected benefits Disposal sales of the assets will return a cash proceeds of 925.11 million baht, which will be used as business expansion, partial loan repayment and working
estate expansion which is the Company’s main business in the long term. The approximate leasing fee and the leasing charge of Rachaphatsadu Land throughout the term of the agreement are totally Baht