last year due to the drop of 33% in sale volume and 13% in selling price. Selling Expenses The Company recorded selling expense of Baht 64 million, which increased by Baht 61 million compared to last

Company Limited Management Discussion and Analysis | 7 1H/2019 was at 24.23 Baht/kg, a decrease of 4.50 Baht/kg. or 16% from 1H/2018. Concurrently, the EPPO P2F decreased due to lower of methanol price

showing a decrease of 66.7% from the same period last year due to improved-though-still-at-loss operations from Dusit Fudu Hotel Management (Shanghai) Co.,Ltd. The Company reported a 4Q18 EBITDA from Hotel

previous year. As previously informed, the Company is in the process of filing a request for rehabilitation process due to large amount of defaulted liabilities. The entering into business rehabilitation

5.1 percent increased, comparing to the previous year. As previously informed, the Company is in the process of filing a request for rehabilitation process due to large amount of defaulted liabilities

Travel Channel Agency, which is existing shareholder, at the different price which is higher than the par value is due to the fact that the Company has considered the value of Hero Experience which

and satisfactory completion of the legal due diligence 2. Parties involved and Relationship with the Company 2.1 The Subscription of Newly Issued Shares Seller : Hero Experience Co., Ltd. Purchaser

connected person of the Company due to it provide the best proposal compare to all bidders and the offering price is higher that the based price which appraised by the appraiser approved by the SEC. However

(4) being a person whose name has been declined to be listed or has been removed from the database of directors and executives of securities issuing company due to the possession of untrustworthy

and 2020, finance expenses increased from THB 0.1 Mn to THB 8.0 Mn respectively, an increase of THB 7.9 Mn. This was due to (1) the company recognized interest expenses on the lease liabilities