purchase of all shares in Hello LED, the Company’s debt to equity ratio (D/E Ratio) will be increased from 0.61 to 1.30 according to the audited consolidated financial statements of the Company for the

the event that the Company utilize all of such short-term loan from financial institutions for the purchase of all shares in Hello LED, the Company’s debt to equity ratio (D/E Ratio) will be increased

-y). Representing operating margin before financial expenses and income taxes (EBIT margin) at 39.7% compared to 40.9% of Q2/2016. As a result, EBITDA was amounted to Bt489.0 million, a decrease of

million, a decrease of Bt24.8 million, or 5.9%(y-o-y). Representing operating profit margin before financial expenses and income taxes (EBIT margin) was at 44.9% compared to 47.2% of Q3/2016. As a result

debt-to- equity ratio declined from 0.17 times to 0.13 times (based on the Company's financial statements ending June 30, 2017). 6.3 The capital increase used in the flexible packaging business Phase 2

Offering) with the following details (a) offered the ratio of 3.89 existing shares to 1 newly issued shares at the offering price of THB 1 per share. Any fraction of shares shall be rounded down; (b) if

the company and shareholders as a whole due to the company’s need of financial support or for the purpose of debt restructuring or any other cases; (c) being issued under terms and conditions prescribed

increase and debenture issuance result in an appropriate capital structure and financial ratio that could be fairly to peers comparison in the same industry as well as support the investment in current and

issued shares to the private placement investor will strengthen the long-term financial structure and the debt to equity ratio of the Company by increasing more financial flexibility for future project and

financing to repay and reduce interest expenses and as a result, the debt-to- equity ratio declined from 0.17 times to 0.13 times (based on the Company's financial statements ending June 30, 2017). 6.3 The