market conditions. Administrative Expenses Administrative expenses mainly comprise of back office personnel expenses, depreciation on assets under hospitality business, non-operating activity expenses, e.g

percent. The Company’s expenses increased by 8 million baht consists of warehouse rental and services 2 million Baht, in line with the sales increased, personnel expenses and staff expenses such as salary

respectively. The major expenses are mainly in area of personnel costs due to salary normally increased year by year and other administrative expenses. The higher administration expenses in 1st half ended 30th

expenses of Baht 41.44 million and Baht 60.51 million respectively. The main reason is increased from personnel expense and reversal of expected credit loss amounting Baht 22.44 million. The Company and

compared to the same period of last year which incurred the administration expenses of Baht 20.10 million and Baht 80.60 million respectively. The main reason is increased from personnel expense and reversal

million from bonus estimates, and an increase in personnel in the management department to make the company more efficient. In addition, employee welfare costs have increased because the company Has group

to the same period last year. This accounted for 7. 13% of total revenue, which was primarily due to the following factors: The increase in personnel for both management and sales staff in the

customers personnel not only has expertise in market distribution but advantage for production development Purchase Consideration of the acquisition of FKRMM’ referred to Clause 5. Transaction size’s

expand the Malaysian market share and retain the existing customers. Moreover, FKRMM was a motorcycle tire and tube manufacturer, therefore its personnel not only has expertise in market distribution but

No. ECF2 035/2562 23 September 2562 Subject Notification on the resolutions of the Board of Directors’ Meeting approving the purchase of the ordinary shares in KPN Academy Company Limited, the increase of registered capital, the issuance and the allocation of the newly-issued shares to specific persons (Private Placement) and the convening of the Extraordinary General Meeting of Shareholders No. 1/2019 (2nd additional) To Director and Manager The Stock Exchange of Thailand Enclosure 1. Informati...