Thailand CH. Karnchang Public Company Limited (the “Company”) hereby reports the connected transaction among the Company and Expert Transport Co., Ltd., whose shares are held by the Company’s major

had income from services total amount 452.42 million baht, decreased 8.82 %, mainly caused due to revenue from domestic transport by land. Transfer operations under the operation of the company since

%, mainly caused due to revenue from domestic transport by land has been transferred to be operated under the association company since March 2016, the total revenue is decreased. The impact of the bankruptcy

268.63 million Baht, increased 24.52 %, mainly caused income in year 2018 due to the business merger of domestic transport service by land, which is a subsidiary in late 2017 and merger and manufactures

: Name of the subsidiary company: Jutha Phakakrong Shipping Company Pte., Ltd. Purpose of the establishment: For marine transport and etc. Located at: 50 Raffles Place, #17-01 Singapore Land Tower

the previous year. Because the distant for transportation to customer increased 258,575 kilometers, or 24.78% compared to the previous year, transportation expense increased 4.89 Million Baht, or 27.18

expense for the Group increased amounting to 1.65 Million Baht, accounting for 31.85 % from the previous year. Because the distant for transportation to customer increased 154,505 kilometers, or 58.94

million Baht, increased 16.79 %, mainly caused income in year 2018 due to the business merger of domestic transport service by land by the end of year 2018 as well as its subsidiary both in domestic and

-scale projects had delayed their procurement in previous years, such as the High-Speed Internet Service Project in Remote Area and the New Parliament Project in Information and Communication Technology

27.44 million Baht or 15.40%. Due to our major customers had change mode from Sea freight to Air freight and inland transport to reach the destination faster. As a result, revenue from marine