covenant with lenders resulting in no source of fund to be provided to the Company. In this regard, the transaction is considered as a disposition of asset subject to Notification of the Board of Governors

margin of the large projects that delivered in Q3-2017 was rather low. In addition, the general projects delivered in Q3- 2016 had relatively high margins, resulting in a very different rate of change in

the reduction adjustment of income of last year 3rd quarter due to project cancellation resulting in higher construction cost than income gained. Service Cost The service cost in this quarter was Baht

equivalent to 10.88 %, resulting from operation loss. Please be informed accordingly. Yours sincerely, (Dr.Wattana Chaiwat) Managing Director

total shares of the project. At the present, the project is under construction and has not been starting commercial yet. As the above-mentioned, resulting to the comparison of Sharing of gain (loss) from

of the staff cost resulting from the increase of minimum wages and the employment due to the branch expansion, as well as the increase of the rents of the existing branches and new branches. Net Profit

institutions has become very strict and loan rejection rate has been rising. In addition, the projects developed by the Company are large-scale, resulting in an increase inventory. The Company, therefore

for increase of gross margin was due to project cancellation resulting in higher construction cost than income gained. In addition, there were 3 projects having construction cost higher than their

price in the new production cycle to decrease by 10% compared to last year resulting in the Company’s gross profit to be likely to improve gradually. Selling expenses: Introducing new products and

process organized by the SEC Office in accordance with the rules and procedures prescribed by the SEC Office when requested by the client for the settlement of civil dispute incidental to or resulting from