Microsoft Word - S_2019_GRC-02_025_S43 Share Acquisition_EN Page 1 – Translation – GRC-02/2019/025 11 December 2019 Subject: Report of the Asset Acquisition To: President The Stock Exchange of

, according to higher cost. Moreover, to keep market share, company needed to launch price promotion in vital channel. Financial results of 9-month ended period ● Considering year to date result, total sales

increased by 609.18 million baht or 55.61% from 1,095.42 million baht in Q2/2019 to 1,704.60 million baht in Q2/2020 because of the promotion campaign in ready to move-in projects in Q2/2020 including the

% compared to 89.35 million baht in Q2/2017 due to the increase of unit transfer and advertising &sales promotion especially in foreign market. - Administrative Expenses in Q2/2018 amounted 167.01 million baht

company to establish Vanachai Wood Smith Co., Ltd. which will process a business as the exhibition and product promotion center for Vanachai Group. The distribution will be one stop service for wholesale

a hospital business. The value of project amount Baht 50 million and Baht 300 million respectively. Investment in Asia Hospital Co, Ltd.(“AH”) in proportion is no more than 51% (Authorized share

with the second quarter of 2017 increased from THB 35.59 million to THB 48.22million or increased THB 12.63 million or 35.49% because the Company use more cost of promotion and advertising of aforesaid

that, the market competition intensified to compete for market share due to contraction in demand. 2 2. Total cost of goods sold amounting to 1,715 million Baht was increased by 87.74 million Baht from

domestic plastic packaging consumption. In addition to that, the market competition intensified to compete for market share. 2 2. Total cost of goods sold amounting to 1,784.43 million Baht was increased by

of distribution were decreased from promotion expenses, while administrative expenses were similar to last year. In the second quarter of 2018, the company did not have financial costs, as the