102
Total Logistics Service and Solution Provider 17,210,143 292,194 40,284,461
Cost of rendering service / Creditor Director Fee Charge Dividend income
7,725,640
Sun Express Logistics Pte. Ltd. As Subsidiaries Revenues from WICE is the major rendering of Service / shareholder with 70 Account Recievable percent of the share From 15 August 2016 Relation : Subsidiary
None
None
1,544,424
748,248
None
31-Dec-17
Year End 31-Dec-17 392,000
Description Land and building lease (Laem Chabang - part of the office)
Relationship
1. Mrs. Araya Kongsoonthorn Director and Com2. Mr.Chudet Kongsoonthorn pany Shareholder
Persons or Corporate Body that may be Conflicted
Outstanding Balance
value (THB)
Dividend income from subsidiaries The subsidiary announced a dividend of USD 2.2 million on February 17, 2017. The company's 70% dividend was $ 1.54 million. And pay dividends in March / July and November 2560, respectively.
The Director Fee is charged at the rate of SGD 1,000 per month, starting from September 2016.
“ Sun Express Logistics Pt. Ltd. is one of Comapany’s Oversea Agencies To cooperate and service within the authorized area, offer the service at the market price.”
“The company leased commercial Building on Land; two attached, 3-storey buildings, to use as Laem Chabang Service Center. Title Deed 164087 Land Size 42 sq.wah. Located in Surasak Sub-district, Sriracha District, Chonburi. From 1 August 2014 - 1 August 2017 at the rate of 31,000 baht per month. The Company has commissioned Agency for real estate affairs co. ltd. as an independent evaluation of the rental rate for public purpose. The company is in the approved list from Securities and Exchange Commission (SEC).”
Director explanation in appropriateness and necessities
The Audit Committee’s Opinion