Microsoft Word - ELCID_Telemax Capital Increase       No. FER 600195 March 23, 2018 Subject : Notification of the capital increase and investment plan of its subsidiary Attention : President, The

business in automobile assembly, public transportation services, supported technology and related application to public transportation business. All S will increase the registered capital from 300 million

distribution due to the increase of transportation expenses as proportion of sales, Due to the advertising and promotion expenses. As a proportion of the operation expense were decreased from the company no

last year. - Controlling in selling cost per revenue and maintaining at 14%, increase in selling cost mainly are from direct cost eg. Transportation cost. - Increase in administrative expense of 11

13.1% comparing to 2018 mostly from higher transportation costs, aligning with the increase of sales volume. 3. In the same period of last year, 93 MB loss on dilution on investment in an associate was

financial cost same as the last year. In this regard, cost of distribution increased from the domestic transportation expenses, the increase of general management expenses, feasibility study expenses and also

transportation services, supported technology and related application to public transportation business. All S will increase the registered capital from 100 million baht to 300 million baht, or increase in amount

increase in revenue from transportation of Baht 5.26 million and increase in revenue from services of Baht 29.62 million. Other revenue was Baht 13.68 million, which increased from the same period of

highland thus reducing the risk of flood, it is convenient in transportation and distribution, the facilities and infrastructures are adequate for the project, the increase of rental and 3 service fee by 10

million for 2018. It is due to the increase in transportation expenses from palm oil trading business. It is in line with the increased revenues. Administrative expenses In 2019, the Group has the