expenses of Dusit Thani Bangkok. Depreciation expenses decreased by 24.7% from 4Q17 to THB 92 million in 4Q18 as some assets under Dusit Thani Bangkok Hotel and Dusit Thani Pattaya Hotel have been fully

million, declined by 152% from the same quarter of prior year. As of 30 September 2019, the company has total assets in the amount of THB 12,468 million which comprised of cash and short- term investment

(financial or otherwise), results of operations, operations, assets (including properties and licenses) or liabilities of Kerry in the amount of more than THB 20,000,000. 2. Share Subscription Agreement 2.1

percent subject to the Company’s net tangible assets (NTA), greater than THB 20,000,000 and greater than 3 percent of the Company’s net tangible assets pursuant to consolidated financial statement for the

goods production and the company sells materials such as rubber wood to related companies to product finished goods. However, the managements applied the similar criteria to make the mutual agreement with

which has value more than 0.03% but less than 3% of book value of net tangible assets (the reviewed of the consolidated financial statement as at 31 March 2019). Therefore, the company would need to

! (0.94%) 0.00% Impairment loss of land held for development (47.13 ) - (47.13 ) #DIV/0! (15.93%) 0.00% Loss on cancel of joint venture agreement (25.50 ) - (25.50 ) #DIV/0! (8.62%) 0.00% Loss from

(0.94%) 0.00% Impairment loss of land held for development (47.13 ) - (47.13 ) #N/A (15.93%) 0.00% Loss on cancel of joint venture agreement (25.50 ) - (25.50 ) #N/A (8.62%) 0.00% Loss from litigation

) (54.87 ) 13.95 (25.42%) (48.98%) (25.08%) Other Expenses Loss on cancel of joint venture agreement - (15.92 ) 15.92 (100.00%) 0.00% (7.28%) Impairment loss of land held for development - (5.83 ) 5.83

) 7.62% (13.74%) (8.83%) Administrative expenses (94.34 ) (95.86 ) (1.52 ) 1.59% (53.71%) (32.40%) Other Expenses Loss on cancel of joint venture agreement - (25.50 ) 25.50 (100.00%) 0.00% (8.62