which was acquired on June 12, 2018 and from the commercial opening of two hotels in Project Crossroads Phase 1. Key indicators in respect of the Self-Managed Hotels are set out as follows Indicators 2017

to higher number of land transfer. Moreover, the gross profit margin for 2019 was 50.7%. These gross margins had accounted for the fair value adjustment of the acquired business according to the

. The gross profit margin in the first quarter of 2020 was 69.4%. This gross margin had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA

subsidiary, ICE, appointed Reseller of Oracle, was acquired on 27th March 2019). In addition to Oracle ERP, ICE has launched a new product to penetrate the small to middle-end segment, Oracle Net Suite. This

months were 45.9% and 53.2%, respectively. These gross margins had accounted for the fair value adjustment of the acquired business according to the accounting standards under WHA level. However, the

statements and the cost that the Company obtained the Land and Buildings. Although the price from negotiation with NML in this transaction is lower than the appraised market value or equal to Baht 14.74

91.52%, which is based on the Criteria of Total Value of Consideration, which is the highest result. Including of the Company does not have any assets acquired or disposed of during the 6 months prior to

no acquisition transaction during the past 6 months. 5) Details of Assets Acquired The Company will enter into the transaction of purchasing of machine for the phase 2 of the flexible packaging with

and the Company has no acquisition transaction during the past 6 months. 5) Details of Assets Acquired The Company will enter into the transaction of purchasing of machine for the phase 2 of the

was 551 MTHB, increased by 330 MTHB comparing to its amount of 221 MTHB in 2017 as a result of more machinery and equipment acquired during major turnaround in 2018. 3. In 2018, the net cash flow used