recognition of expenses of Bake Cheese Tart (Thailand) Co., Ltd. beginning from its date of investment in January 2019 totally Baht 24.39 million. These expenses were consist of rental amounting to Baht 15.61

return the Digital TV license. As a result, such indirect subsidiary will be exempted for the installment of the license fee including a subsidy for the network rental expenditures in accordance with a

rental and utilities expenses increased by Baht 1.04 million because the Subsidiary has leased space to be its own office to support the expansion of water management business. 7.3 The other increased by

long-term rental services. Products are divided into 7 groups. • Purchase and sale of land for commercial purposes, large, medium and small, for the company and the general public for development

same period in 2017. This was mainly from increasing in revenue of “Thailand Mobile Expo” events since the Company expanded rental space from Queen Sirikit National Convention Center. Moreover, the

%. • Gross profit from rental and services business of 3.3 million baht, increase of 0.64 million baht. • In addition, there were increasing in dividends received and profit from selling investment of

, decreased in receivables (rental) of 28.26 Million Baht and decline in deferred income tax of 44.74 Million Baht Source of Fund for investment Liabilities  As at September 30, 2018 company has total

properties 80 61 19 31% Property, plant and equipment 210 218 (8) -4% Prepaid rental fee 305 322 (17) -5% Other non-current assets 10 8 2 30% Total Liabilities 2,839 3,037 (197) -7% Bank overdrafts and short

to support business expansion and to reduce some of the rental costs. In addition, the company invested in machinery and equipment for a new branch in Jiangsu, China. While current assets decreased by

. The Board opinion The Board of Directors’ meeting No.11/2019 , held on December 27, 2019 had considered that such connected transaction was reasonable because the rental fee has been appraised by an