directly or indirectly, by themselves or combining with others exceeding fifty percent of the total number of shares with voting right of such legal entities. “parent company” means (1) company holding

ific persons ed ordinary d Exchange the number shareholder suant to the nditions and quisition of der offer for ecurities for to consider nt of foreign sent, allows mber of sold allocated The dete

general at the appraised market value of 134.61 million baht due to if the Subsidiary will sell such machinery to other persons in order to get the price more than 55 million baht, it must take time to sell

represented the value mutually agreed between a subsidiary and an associate, in accordance with the debt restructuring and transfer agreement. Such value was appraised by an independent appraiser. However, in

list of valuer approved by the Office of the SEC. Also, the land price has already appraised on 19th February 2018 with the price of 83,000 Baht per SQ.WA, on the contrary, the Company will make a

accordance with the latest resolution of the committee on the appraisal price (notwithstanding that some of the appraisal price may have been appraised more than 3 years ago). 2 The actual cost of acquiring

below the target mainly due to on-going cautious household spending due to high household debts and slow economic recovery. Furthermore, the number of restaurants continued to increase from both existing

Republic. Number of rooms : 176 rooms Area : 8,210 Sqm. Ownership : VHE Bratislava Real Estate s.r.o. (“VBRE”) Property Management : VBRE will enter into a lease agreement with VHE Bratislava s.r.o. ("Tenant

41.4 Mn or 274.2%. This increase was mainly due to the (1) full year recognition of franchise fee and (2) the increased number of franchisee branches. Other income grew from THB 8.7 Mn in 2016 to THB

increase was mainly due to (1) increased number of branches, (2) the positive same-store-sales growth during 2017 and (3) the increased sales of raw material to franchisees. Revenue from franchise fees