years or more according to the amendment of Labor Protection Act effective on 5 May 2019. Therefore, long-term provision for employee benefit of the Company and subsidiaries increased and the expenses
Baht 0.83 million; - the record of additional provision for long-term employee benefit of Baht 4.58 million (as shown under Administrative Expenses) to comply with the latest Labor Protection Act
quarter June 30, 2019 had amount of 67.20 million baht, compared to the same period of previous year had amount of 56.20 million baht, which mainly due to retirement benefit obligations which has increased
Baht 20,000,000.00 Opinion of the Audit Committee concerning a connected transaction, specifying the reasonable and the highest benefit to the company comparing with an independent third party. The Audit
%, compared to Q2/2018. The reason was in Q2/2019, the company recorded an increase in provisions of employee benefit, according to the Labor Protection Act (Issue 7) 2019, effective from May 5, 2019 onwards
Board of Directors has considered that the said transaction is a general business term and reasonable, and it is useful for the benefit of the Company. Consequently, the Board of Directors approved the
Committee concerning a connected transaction, specifying the reasonable and the highest benefit to the company comparing with an independent third party. The Audit Committee Meeting without the attendance of
the increase was paid by consultants to improve the production process and paid for goods damage compensation. 5. Management benefit expenses In Q2/2018, the management benefit expenses was Baht 3.69
it is useful for the benefit of the Company. Consequently, the Board of Directors approved the said transaction on 14 August 2018. The Audit Committee’s opinion The Audit Committee have no different
between the buyer and the seller. The Company considers the return of the net profit. 7. Benefit - The Subsidiary sale in the business of Inspecting and Fumigating of Agricultural products due to the higher