developing more comprehensive IT systems, a CRM system, and using data mining to enhance employees’ working efficiency; and 4) Page 8 Renovating the headquarters to ensure employees’ happiness at work under
recognized revenue (94 residences in 2017, 24 residences in 2016). The remaining residences are expected to be transferred in 2018. According to the value of the developing projects, it shows that the net
owned by Phuket Fantasea and approximately 33 rai of land lease from an unrelated third party. Later on March 2015, Phuket Fantasea was able to acquire 33 rai of land which allows Carnival Magic to
owned by Phuket Fantasea and approximately 33 rai of land lease from an unrelated third party. Later on March 2015, Phuket Fantasea was able to acquire 33 rai of land which allows Carnival Magic to
relating to the Manufacturing Business of accessories and faucet products to Ocean Fitting Co., Ltd., which offered to acquire such assets at the price of Baht 78,000,000 (Seventy-eight million baht). Upon
Connected Transactions B.E. 2546. The size of the connected transaction equals to THB 19,000,000 the transaction of which is lower than THB 20,000,000 that the Company is required to obtain an approval from
required to prepare and disclose the information memorandum to the Stock Exchange of Thailand nor to obtain an approval from its shareholders in accordance with the Notification of the Capital Market
tangible asset value of the Company as of December 31, 2017, which is greater than 0.03% but less than 3.00% of the net tangible asset value of the Company. Therefore, the Company is required to obtain the
required to obtain the approval from the Board of Directors meeting before the entry into the transaction and to disclose the information relating to the transaction to the Stock Exchange of Thailand. The
by Baht 4 million from 2017 because the Company could manage and obtain cheaper source of finance than the prior period. Net Profit In 2018 and 2017, net profit of the Company which is accounted for