sales proportion to modern trade stores and a slowdown in the economy and consumers’ purchasing power, thereby prompting the Company to launch more sales promotion to stimulate sales and, thus, causing a

. The project is scheduled for a commercial launch in November 2017 and due to complete in 3Q20. • Approved in the 2017 AGM, in July 2017 the Company completed the following fund-raising transactions: a

2 new investors in Pace Project One Co., Ltd. and Pace Project Three Co., Ltd., the Company engaged independent financial advisory firm to measure the fair values of investments in these 2

, sales & marketing expenses for the launch of new residential projects, write-off/impairment of asset, one-time income/expense, etc. Residential Business As the Company’s high-rise projects – namely ‘The

FY2016 FY2017 % YoY(Unit: Bt.mn) 4Q16 3Q17 Note: 1 includes gain (loss) from foreign exchange rate, professional fees in relation to M&A activity, sales & marketing expenses for the launch of new

our growing headcounts and upward adjustment of based compensations in accordance with our human resource policy. This was also resulted from the change in product mix due to the launch of new products

resulted from the change in product mix due to the launch of new products, of which produced by our 3rd party manufacture which typically deliver lower gross profit margin, and a wider product variety of 3rd

’ product launch, JKN Mega Showcase, etc., it is thus necessary to use this premises for storage of the Company’s materials and equipment for the event organization. Interested Directors : Mr. Jakkaphong

, the Company engaged an independent financial advisory to evaluate the fair value measurement of the investments by using income approach method and discounted cash flow to present value. As a result

. On 31 December 2019, the Company was engaged to manage a hotel with 45 rooms in China, Dusit Thani Wetland Park Resort Nanjing. Unit: Baht million 4Q19 4Q18 Change FY19 FY18 Change Hotel business 1,009