Quicklime currently has a lower average price compared to Golden Lime due to some long-term contracts however we expect pricing to increase in the later quarters of 2018. Golden Lime Public Company Limited 5

was unable to complete the construction of fence and animal shelter and move all the animals in Jungle World’s land into the Company’s nearby land. Later on, the Company’s Board of Directors’ meeting no

joint venture was later awarded for the aforementioned project with the contract value of Baht 522.24 million. On July 2018, the first amendment to the agreement has been entered into, which both parties

value of the projects after deducting the value recognized of over than 1.7 Billion Baht. The Company is aiming to sell and develop the projects as planned in the next 1 – 2 year later. In addition, the

0 1 8 but later terminated the contract with the distributor which is effective on 3 0 June 2 0 1 9 . During the period, the Company was unable to make any sales through traditional trade channel or

of Baht 2.98 million or 48.63 % decrease since in 2019, the company needed to pay interest for the convertible bond as a result of a subsidiary merger of which the investment amount had been later

office has been relocated to support such expansion, resulting in cost of moving and amortization of original office improvement, which subsidiary companies later fully operate making operating results of

expected credit losses on long-term receivables was recorded and there was also a directors' bonuses expense which paid later than the year 2021. The payment of directors' bonuses supposed to be approved by

accuracy and completion of the issues and notify the applicant in writing. Require the applicant to submit a written clarification within a period of at least 14 days but no later than 21 days depending on

Board of Directors Meeting No. 4/2017, the Board of Directors passed a resolution to adjust the principal business policy to real estate development. Later, the company expanded its property development