), enhanced quality parameters well beyond targets, and merged the subsidiary Saraburi Quicklime into Golden Lime (EBT), which will result in SG&A synergies from 2020 onwards. We are looking forward to these
merged structure and details for the Company subsidiary’s merger project in Philippines (known as “the Transaction”) which approved by EGM dated August 10, 2017 in consider to minimize potential tax risks
26.62 38.4 1.3 Placement Service 13.36 3.5 19.36 7.7 (6.00) (31.0) Total Revenue from Customer Relationship Management (CRM) 233.62 60.7 172.71 68.6 60.92 35.3 2. Revenue from Enterprise Resource Planning
% 212.30 34.6% 1.2 Income from sales of hardware - - 25.66 4.2% Total revenues from HR solutions 396.99 75.9% 495.05 80.6% 2. Financial Solutions 2.1 Enterprise Resource Planning (ERP) 98.94 18.9% 80.77 13.2
System) resource transaction 1. Contract Date: January 1, 2020 - December 31, 2020 2. Partners of Contract: Connected transaction between subsidiary and related person. User : Cal-Comp Electronics and
% 146.25 33.2% 1.2 Income from sales of hardware - - 12.65 2.9% Total revenues from HR solutions 298.29 78.4% 351.36 79.8% 2. Financial Solutions 2.1 Enterprise Resource Planning (ERP) 63.28 16.6% 59.74 13.6
Administration Expenses Selling and administration expenses in Year 2018 increased by Baht 49.0 million or 7.4%, as result of human resource and IT system development and internal control of subsidiaries
Human Resource Committee. 3. Type and size of transaction, basis used to determine service fee and payment method 3.1 Type and size of transaction This transaction is considered as a services transaction
which the interest rate is approximately 9%-10% per year. Moreover, the management structure is not appropriate; therefore, the joint venture company has high unnecessary human resource management expense
resource management expense. As a result, the purchase of the shares will resulted in the Company be a 100% major shareholder in the company and being able to fully control the operations and management