decline of Baht 0.28 million. This resulted largely from bonus foregone by an executive of Baht 2.25 million; an increase in salary of Baht 5.5 million due to the yearly salary base adjustment and the

adjustment of operating strategies and the proportion of underwriting, resulting in the rate of the insurance claim is decreased. Please be informed accordingly. Sincerely yours, - Singed – (Mr. Wongsakorn

adjustment in Maldives, to increase occupancy and total income. Hotel Management Business The Company earned THB 27.6 million from hotel management service, decreased by THB 12.8 million or 31.7% yoy. Most of

the reduction adjustment of income of last year 3rd quarter due to project cancellation resulting in higher construction cost than income gained. Service Cost The service cost in this quarter was Baht

and Cash Equivalents Taking into account all the aforesaid as well as (i) an increase in translation adjustment, (ii) cash and cash equivalents of subsidiaries at acquisition date, (iii) cash and cash

account all the aforesaid as well as (i) a decrease in translation adjustment, (ii) cash and cash equivalents of subsidiaries at acquisition date and (iii) cash and cash equivalents of subsidiaries at

the offshore companies are represented in foreign currency, the effect of the change in the exchange rate is shown by the movement of the foreign currency 'Translation Adjustment' in the shareholders

Baht from capital adjustment by purchase price allocation method (PPA) proposed by independent assessor. Legacy Asia Capital Pte. Ltd., (“Legacy”) whose 70% of total shares were previously held by NCL

increase of THB 13.1 Mn or 23.2%. This increase was mainly due to the (1) the increased number of franchise branches (2) adjustment increasing the royalty and marketing fee rates for those franchisees

, respectively, due to increased revenue from the sales strategy adjustment of the WICE company Logistics (Hong Kong) Limited. Increased revenue from air cargo management, which is considered the main revenue of