, the genuine gross margin in the third quarter of 2017 was at 57.6% for the warehouse rental and service business which decreased from 69.7% last year, mainly due to change in product mix between Built

independent appraiser whose name appears in the office of Securities and Exchange Commission’s approved listed, and beneficial to the Company. Moreover, the transaction is a supporting normal business

’ meeting has considered and given opinion that the connected transaction is reasonable and beneficial to the Subsidiary. The Subsidiary will receive the remuneration. The Audit Committee’s opinion : They

proportion is an appropriate transaction and beneficial to The Iconic Company Limited as a shareholder of The Iconic Property Company Limited for use as a working capital for its business. 8. The different

approve the entry into this related transaction. 8. The Board of Director’s opinion The Board of Directors considered that the transaction shall be a beneficial for the company and reasonable. The selling

machinery, molds and equipment for Hwa Fong Rubber (China) Co., Ltd. “HFC”. For the reasons mentioned above. This transaction is also considered as business promotion with is reasonable and beneficial to the

mentioned above. This transaction is also considered as business promotion with is reasonable and beneficial to the company. Anyhow, the Audit committee had no different opinion from the Board. Please be

the operating result of All S goes as plan, it would be beneficial to the company’s performance. 10. The Audit Committee’ opinion None Please be informed accordingly (Mr. Nathapol Eksangkul) Vice

appraiser, rewarded by SEC, there is no sign of transfer benefit between related parties while there was the resolution from the Audit Committee. It appears to be most beneficial to the Company. Please be

considered as business promotion with is reasonable and beneficial to the company. Anyhow, the Audit committee had no different opinion from the Board. Please be informed accordingly and disclosed to