price and conditions are reasonable. 10) Opinions by The Audit Committee and/or company directors significantly different from those by the Board of Directors : - None - 620/5 Moo 11 Nongkham, Sriracha
Million (Eleven Million Baht), criteria for determining price is based on the market price of land in surrounding areas. Transaction size : The calculated size of this transaction is more than 0.03% but
total price of Baht 11 Million (Eleven Million Baht), criteria for determining price is based on the market price of land in surrounding areas. Transaction size : The calculated size of this transaction
purchase of products and expand the market in the Asian region, which will enable the Company to compete with other manufacturers. The Company therefore has to order additional machinery. Opinion of Board of
rate does not exceed Baht 3 million per year by considering upon the market price, location, building feature, environment area sizing and utilization of assets. Rental rate shall be monthly paid by cash
reasonable. The leased price is related to the market price in the same area. The Board of Directors has therefore adopted a resolution approving the entry into the said transaction. 8. The Audit Committee
of the Board of Director Meeting No. 3/2020, held on May 11th, 2020 of Hwa Fong Rubber (Thailand) Public Company Limited. has approved the connected transaction to increase the market potential. For
resolution of the Board of Director Meeting No. 3/2020, held on May 11th, 2020 of Hwa Fong Rubber (Thailand) Public Company Limited. has approved the connected transaction to increase the market potential. For
significantly developed. The appraisal price as of June 2023, in comparison to the market price, was 6,500 – 7,000 baht/square wah* while in February 2024, the appraisal price was 15,000 baht/square wah* based
with normal market conditions with a view to inducing the general public to trade such securities. The aforesaid actions of Shine and others were in contravention of Sections 243(1), (2) and 244 of the