subleased area) and continue to be in force and effect until 29 May 2067. The period of sublease of areas commences from the handover date until 29 May 2067. WHAUP Nghe An JSC shall pay the royalty fee to WHA
According to 55 franchise agreements, Wuttisak sold 55 branches as franchise business and received a royalty fee of 6% and marketing fee of 4% of monthly revenue. However, under such agreements, royalty fee
obligation to pay the Royalty Fees. The companies were able to properly control with economic conditions. The financial cost in the year 2017 decreased amount 0.2 Million Baht from last year as the principal
% (Royalty Fee & Marketing Fee) Shall be considered year on year and revenue sharing shall be made to WCIG when gained positive income Please be informed accordingly. If any further progress had been done
which revenue sharing shall be made as follows Revenue Sharing HHC’ s Revenue gained from operating medical service for healthcare & esthetics = 100% HHC = 90% WCIG = 10% (Royalty Fee & Marketing Fee
. 3. Royalty income At percentage of net sales from factory compared with market price with three-year license period. 4. Royalty expenditure At percentage of net sales from Company compared with market
period of approximately 8 years which can be extended for a further 4 years. Wuttisak Clinics will receive a royalty fee of 6% and marketing fee of 4% of monthly revenue, however for 34 made agreement with
, employee expenses amounting to Baht 24 million, royalty fee amounting to Baht 4 million, marketing fee amounting to Baht 4 million and depreciation to Baht 2 million. Administrative expenses increased mainly
royalty and marketing fee rates for those franchisees renewing their franchise contracts. Other revenue grew from THB 21.2 Mn in 9M17 to 35.0 Mn in 9M18, an increase of THB 13.8 Mn or 64.9%. This increase
increasing the royalty and marketing fee rates for those franchisees renewing their franchise contracts. Zen Corporation Group Public Company Limited 782/1 Soi Onnuch 17, Suanluang, Bangkok 10250 THAILAND Tel