Business Manufacture and trade steel bars and finished steel products Relationship with the Company Business Partners Debt amount * 231.89 million Baht Debt to Sales ratio** 7.21% Provision for allowance for

71.65 million Baht Remark Not related with majority shareholders, executives of the Company and subsidiaries Debtor 8 Nature of Business Manufacture and trade steel bars and finished steel products

general characteristics of the transaction: Vanachai Panel Industries Company Limited warehouses for one year from 1 June 2019 till 31 May 2020. The space as the place to stock the finished goods. The

of the transaction: Vanachai Panel Industries Co., Ltd. warehouses for one year from 1 June 2018 till 31 May 2019. The space as the place to stock the finished goods. The detail are follows: 3.1 Area

general characteristics of the transaction: Vanachai Panel Industries Company Limited warehouses for one year from 1 June 2020 till 31 May 2021. The space as the place to stock the finished goods. The

2.2 million, increased by 150.6% due to provision of obsolete and long-aged finished products. Ocean Glass Public Company Limited Page 3/4 Management Discussion and Analysis  Selling and Administrative

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

Company. The Company shall sign the share purchase agreement and/or other relevant agreements and will complete the transfer of WPS shares within December 21, 2018. However, the transaction is the

follows : (A) negotiate, specify and amend details of the redemption and transfering of Land and Buildings which is approved by the Shareholders meeting which may necessary and appropriately to complete the

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