does not have a project to develop the land, due to the economic slowdown and to reduce financial costs. The proceeds from the sale will be used to redeem the debentures of approximately Baht 100 million
enhance the capability to develop new products to catch up with the technology changing and the dynamic marketing. Operating profit in Q1-19 totaling Baht 979 million or Baht 71 million down from the same
System to ASB Cambodia. In order to comply with the requirement of The National Bank of Cambodia, ASB Cambodia appointed AEON Systems to develop addition functions in the previous USD Based Loan system and
100% General characteristics of transactions: AFS provides the business administration and support to the oversea subsidiaries in order to grow and develop AFS subsidiaries’ business. AEONTS and its
Phuket Project with Central Department Store Co., Ltd. (“CDS”), a connected party. The objective of such transaction is to develop shopping complex at a cost of 1,282 million Baht (12% discounted present
develop and expand business. So, it is necessary to increase fund for growth business in the future. 6.3 Ramkhamhaeng expects to receive benefit come back in dividend form at preferable rate. 7. Sources of
would like to develop the land, the company must develop a townhome project to maximize benefit from the land development. However, the company has two developed townhome projects in the same location of
of changing the company’s land purchaser from SPI to Saha Capital Tower Co., Ltd. (SCT), who is a connected party to the company, because SPI plans to develop the land to be a Grade A office project
Vibharam is the associated company of Ramkhamhaeng and need to develop and expand business. So, it is necessary to increase fund for growth business in the future. 6.2 Ramkhamhaeng expects to receive benefit