based on the total value of assets acquired, is 12.85 percent of the total value of assets of the Company according to the consolidated financial statements as at December 31, 2018. Accordingly, the
there was reserved cash for promissory note due and increasing raw material stock for Q2/2019. Liabilities As of 31 March 2019, the company reported total Liabilities of Baht 1,342.4 million, decreased
equivalent to 9.38% of business operation based on financial statement as of March 31, 2019, which is not considered as acquisition. However, according to the Board of Directors „s resolution 3/2018 on 18
negotiation between the Company and the Seller and took into account the fundamental intrinsic value of the assets and business based on historical and potential earnings and cash flow of the business. It has
(the “Investment Disposal Transaction”). The Board of Directors’ consideration and approval of such disposal of investment in SUTG is in line with and based on the results of consideration and study on
of Baht 1 million in 1Q2018, compared to the reversed bad debts and doubtful accounts of Baht (8) million in 1Q2017, due to cash received from repayment of doubtful debts. Please be informed
Directors: 1) Mr. Jonathan Maxwell Wigley 2) Ms. Nopparat Pongwatanakulsiri 3) Mr. Rupert Thomas Simoner Source of funds: Cash from the working capital In this regards, as a result of the transaction, VHA
amount 2 million Baht decreased by 1 million Baht due to cash decrease from investment in Myanmar. Gain from foreign exchange amount 10 million Baht. Other income amount 16 million Baht, major increased
acquisition of FKR in Malaysia. However, if compared to Q1/17, there is a significant change in the decrease of liabilities of 75.90 million baht because cash received from capital increase was used to repay
to share acquisition of FKR in Malaysia. However, if compared to Q1/17, there is a significant change in the decrease of liabilities of 75.90 million baht because cash received from capital increase