payable was of Bt179.4 million 2.2.2 Long term loan from banks, which are due within one year, was of Bt461.9 million which were belonged to BAFS at the amount of Bt321.4 million and belonged to TARCO and

Quarter of 2019 and 6-months period ending 30 June 2019 To The President The Stock Exchange of Thailand We, ZEN Corporation Group Public Company Limited (“the Group”), are pleased to provide you our

administrative expenses and related party transaction (eliminated from the consolidated financial statements) increased Baht 7.7 million. The mainly causes are 1) due to the consolidated financial statements for

are as follows: Revenue Breakdown EBITDA Breakdown Unit: THB mn 1Q18 1Q17 %Chg 1Q18 1Q17 %Chg Hotel 1,364 1,324 3.0 348 305 14.1 Education 122 134 -9.0 27 38 -28.9 Others 212 52 307.7 90 -11 918.2 Total

last year. Details of expenses are shown as follows: - Operating and Administrative Expenses In the first quarter of 2018, the operating and administrative from consolidated expenses were 2,088 million

trade accounts receivable of Baht 1,205 million. Moreover, for the first nine months of 2018, the company and its subsidiaries had net cash received for Baht 1,786 million. The details are as follows

Income by category of power plant are as follows: (Unit: Million Baht) By Category of Power Plant 3Q'18 3Q'17 % YTD YTD % Change 2018 2017 Change Share of Profit from Investments in Associates and Joint

and expected to be completed within the 1st quarter of 2019. Investment project on hand as ended 30 September 2018 The progress of 2 ongoing investment projects are as follows: 1. Water Supply

the transaction. 1) The Connected Transaction that occurred during the period of 6 months before the date that the company renew the transaction with the person and close-relative, are as follows; 1.1

model with 55 branches were sold under such models. The royalty fee of 6% and marketing fee of 4% of monthly revenue are considered as income. However, royalty fee of 34 branches will be received after 1