Based on a third-party report and the SEC’s further investigation, it has been found that in 2017 Mr. Chiyachantana (Chairman and Chief Executive Officer of WORLD at the time of the offense) dishonestly diverted company assets to himself or a third party and sought unlawful gains for himself or others, causing damage to WORLD at the total amount of 30 million baht. Ms. Hongsri rendered assistance or facilitation for Mr. Chiyachantana in committing the offense. The case was related to the selling...

investments in joint venture and associate Baht 126.65 million increased from the last year Baht 135.42 million because associate profit of last year sale. 5. The company had the finance cost Baht 12.21 million

expenses Baht 10.00 million from advertising. 4. Share of gain from investments in joint venture an associate Baht 127.65 million increased from last year by Baht 128.01 million because the associates gain a

. Gain on disposal of investment in associate increased amounting to Baht 180.36 million. Since the Company disposal of investment in an associate in the third quarter of 2019. 4. Costs and expenses for

Baht 215.07 million (included VAT). Therefore, the remaining compensation would be received in amounting to Baht 675.76 million. 3. Gain on disposal of investment in associate increased amounting to Baht

Baht 0.6 million Investment in associate increased by Baht 1.2 million Property, Plant and Equipment decreased by Baht 5.0 million 4F BB Building, 54 Sukhumvit 21 Rd., Klongtoey-nua, Wattana, Bangkok

development operations.  Administrative expenses increased by Baht 8 million due mainly to loss on exchange rate. Share of loss from investment in associate increased by Baht 6 million and this relates to the

increased expenses related to the acquisition of SGAH. Apart from these extraordinary items, net profit improvement was also attributed to increased share of profit from associate companies, mainly Hyundai

of 2017, the Company and its subsidiaries had gain on change in shareholders' equity of associate increased by Baht 712 million, gross profit from real estate for sales increased by Baht 97 million

subsidiaries) and SAGUSA. The latter is in the process of liquidation. Share of profit from associate and JV increased from Baht 104 million in 2018 to Baht 115 million in 2019 due to lower loss sharing from