December 2018. The major increase item is raw material which is result from the strategic buy of raw material under the abnormal market situation in last year. Unit : Million Baht 31 Mar 2019 31 Dec 2018

buy souvenirs, even though the overall number of Chinese tourists continued to decline by 2 percent compared to the same period last year. International sales: Revenue from sales in the first quarter

income lower than target. o Changing the fiscal accounting year of the company in Malaysia to be ending at December caused the customers to buy a big volume in last December 2018 and reflect to less buying

temporary investments Baht 70.8 million - Decrease of Available-for-sale securities Baht 19.9 million - Buy the assets during the period Baht -10.6 million Financing Activities In 1Q19, the company had net

financial institution. The company paid the debt of short-term loan to buy raw material. Shareholders’ Equity As of June 30, 2019, the company had the shareholders’equity of 1,018.32 million baht, reduced by

and depending on maximizing of shareholder interest. In addition, the proposed of this information memorandum is for providing information only and shall not be created as an offer to buy or

, net cash used in Baht 1.0 million has essence transaction as follows: - Buy equipment of Baht -1.0 million 3. Cash flow from financing activity, net cash used in Baht 2.1 million has essence transaction

flow from investing activity, net cash used in Baht 9.4 million has essence transaction as follows: - Buy equipment of Baht -2.8 million - Cost of rubber plantation increased by Baht -1.1 million

newly issued ordinary shares of the Company. Waived the rights to buy from Dhipaya Bodin. as follows. Number of ordinary shares to be waived 28,000,000 Shares Par value 5.00 Baht The value of the paid-up

only and shall not be created as an offer to buy or subscription of any securities. Please be informed accordingly. Yours sincerely, (Mr. Wachira Wudhikulprapan) Managing Director