, travelling expenses and professional fees. In 2018, the increase in administrative expenses are mainly due to (1) increase in employee and management expenses from new hires supporting business expansion of
days in advance. The company had expenses related to new recruits for new three branches and one branch expansion in the first half of 2017. In contrast, the Company opened only two branches of Maygori
property to reserve for its expansion projects regarding the committed growth and sustained profitable on such investment to all shareholders as per attached information memorandum regarding the connected
holds shares in TSE. 8. Expected benefits Disposal sales of the assets will return a cash proceeds of 925.11 million baht, which will be used as business expansion, partial loan repayment and working
estate expansion which is the Company’s main business in the long term. The approximate leasing fee and the leasing charge of Rachaphatsadu Land throughout the term of the agreement are totally Baht
to increased sales of delivery (3) increased cost of branch staff, rental and utilities from branch expansion and (4) issuing discount promotions to draw traffic and create brand awareness. 4 Zen
will fully focus on international expansion across the ASEAN market. This will enable MACO to leverage PlanB’s platform, contents, and secure minimum guarantee. Moreover, the integration efforts between
Market (“TWSE”) and the offering of Over-allotment option by the Company for the purpose of supporting future business expansion domestically and internationally as well as for the purposes of overall
in consumer behavior towards online delivery, After You has made a slight change to the previous branch expansion plan to open 6 new outlets in 2020. The new plan involves continuing with the 2-3