Project, owned by Carnival Magic Company Limited, an indirect subsidiary of the Company. Carnival Magic has hired 1) Mr. Pin Kewkacha 2) Mr. Kittikorn Kewkacha and 3) Mr. Somwang Kewkacha, whom are

Carnival Magic Project, owned by Carnival Magic Company Limited, an indirect subsidiary of the Company. Carnival Magic has hired 1) Mr. Pin Kewkacha 2) Mr. Kittikorn Kewkacha and 3) Mr. Somwang Kewkacha

Limited for the production and installment of hydraulic platform in Carnival Magic Project, owned by Carnival Magic Company Limited, an indirect subsidiary of the Company. Carnival Magic has hired 1) Mr

Company Limited for the production and installment of hydraulic platform in Carnival Magic Project, owned by Carnival Magic Company Limited, an indirect subsidiary of the Company. Carnival Magic has hired 1

period of last year. These increasing revenue resulted from revenue recognition by percentage of completion of projects on hand (Backlog) which were hired on 2017 until 30 June 2019. As at 30 June 2019

in Carnival Magic Project 2. Parties Involved Hiring Company: Carnival Magic Company Limited (“Carnival Magic”) Hired Company: Cherdchaiwon Company Limited (“Cherdchaiwon”) Relationship with the

hired since 2017. Including, construction projects which signed during 2019. As at 31 December 2019, the Group has backlog for construction services total of Baht 2,287.39 Million. Regarding, the new Thai

hired on 2017 until 30 September 2019. As at 30 September 2019, the Group has backlog for construction service total of Baht 1,868.31 Million. Since 2018, the Group has been hired construction projects by

of intangible assets and goodwill At the end of year 2019, the Company hired independent appraiser to value the investments in subsidiaries and found that fair market value of Bake Cheese Tart

many projects although the Company has already been hired. A subsidiary has increased work deliveries in the amount of Baht 29.47 million compared to the same period of previous year. (2) Cost of sales