its purchasing of natural fatty alcohols in 2Q2017 as there were highly fluctuation of CPKO price. As a result, the company had the adjusted EBITDA of THB 159 million, declined form 3Q2017 by 35

help brands to communicate to their customers at every stage of the purchasing process. In our view, the outlook for the advertising sector seems promising. With the upcoming election early in 2019, we

industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business environment. The

Consideration = (Paid or received transaction value x 100) Total asset of the listed company Paid or Received Transaction Value = The highest value between purchasing price or book value = The highest value

Criteria Total Value of Consideration = (Paid or received transaction value x 100) Total asset of the listed company Paid or Received Transaction Value = The highest value between purchasing price or book

value between purchasing price or book value = The highest value between 400,000,000 and 403,989.34 = 403,989.34 Total Value of Consideration = 403,989.34 x 100 1,365,897,746 = 0.03% (4) Value of

steel industry participants in all the regions. Careful estimation for raw material purchasing and production cost management is seriously needed in order to cope with the more dynamic business

estate developer and its customers. Although overall economy is soft, the Company’s target group of customers can maintain their purchasing power.   For recurring income business, the Company had adjusted

target group of customers can maintain their purchasing power. For recurring income business, in November 2019, the Company kicked off the construction of “Hotel Kitch”, a 72-room hotel that will be

external factors, such as the overall domestic economic condition causing diminishing confidence and lower purchasing power, international trade war, and the appreciation of Thai Baht. The Company focused