favourable price and conditions. The company will benefit from increasing the business opportunity and generating the better returns on a long-term basis. (15) Opinions by The Audit Committee and/or Director

Replacement Cost method by jointly considered among HHC’s and WCIG’s Management. 8. Benefit Expected to Gain by the Company The Company expects such Franchise acquisition shall enable to generate income and

not exceeding 3 years. Due to the reasonable price and good conditions of the said connected transaction. Furthermore, such transactions should contribute the Company‘s further benefit. Opinions by the

cities and the cities that benefit from the tourism sector has improved over the past period. Moreover, the Company has generated cost efficiencies in terms of staff optimization and administrative

transaction is justifiable and for the best benefit of the company. Please be acknowledged for your information Yours Sincerely (Mr.Wanthana Jaroennawarat) Director

liabilities, employee benefit obligation, current liabilities and other non-current liabilities.

58 million, because the Company have paid for the loan. - Other liabilities consisted of bank overdrafts, deferred tax liabilities, employee benefit obligation, current liabilities and other non

liabilities consisted of bank overdrafts, deferred tax liabilities, employee benefit obligation, current liabilities and other non-current liabilities.

for the loan. - Other liabilities consisted of bank overdrafts, deferred tax liabilities, employee benefit obligation, current liabilities and other non-current liabilities.

Baht 137.69 million. - Other liabilities consisted of bank overdrafts, deferred tax liabilities, employee benefit obligation.