cost from relocating some product from the old production line to the new one; 4) higher excise tax as well as sugar tax following the Excise Act, B.E. 2560, effective since 16 September 2017; 5) higher
number of kiosks, which the total of 129,208 kiosks covering all area nationwide. The Company's strategy continues to emphasize on efficient location and allocation strategies by relocating the kiosks from
current total is 130,109 kiosks, increasing 9.2% YoY, and it slightly increased due to relocating kiosks scheme, which the kiosks are removed from the area that generate low income to the new area that can
Real Estate s.r.o. (“VBRE”) (the Company’s newly established subsidiary in which the Company indirectly holds 100% of the total issued shares through Lombard Estate Holdings Limited, the Company’s
relocating its production lines of sauces and condiments to its new factory, so during such period, the new factory was in the early stage of production; therefore, the production was unable to run efficiently
capabilities fully and cautiously with sufficient information and referable evidence; (c) members shall disclose to clients any case where the members have an interest, whether directly or indirectly, in any
capabilities fully and cautiously with sufficient information and referable evidence; (c) members shall disclose to clients any case where the members have an interest, whether directly or indirectly, in any
directly or indirectly holds shares of the other party in the amount exceeding fifty percent of total issued and paid-up shares; or (2) In the case where the party that manages funds has the power to control
directly or indirectly holds shares of the other party in the amount exceeding fifty percent of total issued and paid-up shares; or (2) In the case where the party that manages funds has the power to control
directly or indirectly holds shares of the other party in the amount exceeding fifty percent of total issued and paid-up shares; or (2) In the case where the party that manages funds has the power to control