increased. And the company has expanded its sales in both modern retailers and department stores, resulting in an increase in sales related expenses. Expenses January – June 2017 January – June 2016 Increase

same period last year. The company has adjusted its marketing policy. By restructuring work teams, sales and marketing increased. In addition, the Company has expanded its sales in the modern retail and

Replacement markets. Overall, total sales this year was in line with the motorcycle and motorcycle tires markets that expanded in ASEAN area.  Industrial Elastomer Parts Business: The sales increased from

expanded and kept expanding its services to include the import of every model of Gigabyte display cards, which was considered an important step to push and promote growth of S-TREK sales. In addition, S-TREK

-Translation- No. ECF2 005/2019 17 January 2019 Subject: Cancellation of the resolutions of the Board of Directors’ Meeting No. 13/2018 in relation to the investment in the ordinary shares of S-TREK (Thailand) Co., Ltd., the investment in the ordinary shares of S-TREK (Thailand) Co., Ltd., capital increase, and the issuance and allocation of the newly issued ordinary shares to the specific person under the private placement basis, and the schedule for 2019 Annual General Meeting of Shareholders...

still affected by the oil price volatility in the global market. Despite the crude oil price recovery, the average crack spread between finished product and referenced crude oil price continues to decline

environment The Thai economy for the year 2018 expanded as expected according to its potential. For the last quarter of 2018, the economy continued to expand largely from domestic demands contributed both from

previous year as the average selling price increased 2.24%, while volume sold decreased 2.27% from last year. However, the Company has expanded market to industrial sector and household sector in order to

capital increase is finished, the Company will inform accordingly. Transaction size calculation The calculation of the transaction value is based on the financial information set out in the consolidated

1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...