Syndicate Public Company Limited ( the “ Company” ) and subsidiaries hereby submit the Annual Financial Statements, ending June 30, 2019 and 2018, together with the clarification of the performance of the

Limited ( the “ Company” ) and subsidiaries hereby submit the Annual Financial Statements, ending September 30th, 2019 and 2018, together with the clarification of the performance of the Company and

Limited ( the “ Company” ) and subsidiaries hereby submit the Financial Statements, ending June 30, 2020 and 2019, together with the clarification of the performance of the Company and subsidiaries as

2019. (2) Two self-manage hotels in Thailand, operate under independent branding, namely, Phi Phi Island Village Beach Resort located on Beachfront of Phi Phi Don Island in Krabi and Santiburi Hotel

-Today-Far East Company Limited is based in the Republic of the Union of Myanmar, this causes inability to manage and operate. (10) General description of connected transaction Type of transaction

manage repairing cost and other costs more efficiently 2) Service & Administrative expenses in 1Q19 was Bt53.62mn, representing 6.7% of total revenues from core business, decreasing 1.2% when compared to

can not specify the price change with the corresponding changes of cost. Consequently, it affected the profit margin. The Company still has no policy to overstock but to manage the inventory turnover

57.7 Million Baht or 10.3% compared to the previous year as the Company was able to manage raw material and labor cost more efficiently, resulting in higher gross margin. 3 Cost of Food & Beverage Costs

waste controls and effectively manage the raw materials. Please be informed accordingly, Sincerely yours, Mr. Weerachart Lohsiri Managing director

variety of event apart from the Thailand Mobile EXPO, which the Company has expertise to efficiently manage costs. Besides, the caravan depreciation increased similarly to the increasing in number of