contracts, licenses, and the registration at relevant assets to the Company. 5. SQL will transfer all employees under the operation of SQL to the Company according to the requirement under Thai labor laws. 6
the consolidation of Trans.ad Group. In addition, the Company recorded a non-recurring expense from long-term employees of THB 5mn according to The Labor Protection Act (No.7) 2019. However, SG&A to
. - Employee benefit obligations were 193.53 million Baht, rose by 43.07 million Baht from the end of year 2018 mainly due to the effect from the labor law Note: According to the debentures and long-term loan
Co., Ltd. in this information memorandum. 9 Cost Estimates : It comprises of 95% of raw materials, labor and other costs of the Self-operate Restaurants and 8% of selling and administrative expenses of
provisions of a new Labor Protection Act which came into effect in 2019. The increase was partially offset by a decrease in provisions of shrinkage and obsolescence and bad debt by THB 109 million and THB 310
benefits in the current year. While there is a one-time provision of approximately Baht 7.7 million in the first quarter of 2019 in order to comply with the revised labor law newly implemented in 2019. 1.1
offer promotions during appropriate occasions such as offering shipping discounts promotions, etc. IN RESPONSES TO THE NEW WAVE OF COVID-19 Financial PerformanceSignificant EventsExecutive Summary 4
allow the Company to benefit from economies of scale in some costs, such as shipping costs • Selling Expenses in 9M/2022 was THB 207 million, increased by THB 51 million or 33% from 9M/2021, corresponding
renovated to be more visually appealing. Discounts and free shipping were provided exclusively for the eligible purchase on the Company’s website. As for marketplace platform channel development, the Company
discounts in online channel, and providing free shipping for minimum sale orders etc. The Company also focuses on product selection to better meet customer needs, engages in marketing activities with various